I have just found out whilst waiting on hold the reason for the delay is a promo that AAMI has for new policies that give them 20% off. I was told it ends in about a week's time.
Not sure of specific details, but I think you just ring up and tell them that you want the 'Winter Warmers 20% off special'
Thanks - Updated title etc! :)
Note: I added a home contents policy to my car one when I was talking to someone on the phone.
I'm an existing customer, does new policy mean the one I'm renewing?
No, it's gotta be a real 'new' one. Their aim is to get new customers…
Maybe let that one expire & then call up??
And if the old one doesn't expire in time you can always cancel it for a small fee if the new one with 20% off is significantly cheaper.
If you've paid yearly there is a fee then if the amount of months you have left is greater than that fee you get the difference back.
If you pay monthly it's possible you can just end the policy at the end of the monthly period.
Is this for car insurance only?
I was on the "Home Insurance" line… so probably for all policies
can i buy the policy online? cant seem to find a place to enter the promo code
I think it's Phone only… I looked online
So do they just up their quotes by 20%…
Applicable for Compulsory Third Party (CTP) Insurance as well? I just renewed my CTP Annual premium with AAMI on 25July.
same boat with exact same date too
Ahh great. I called them and their REP said this PROMO is applied if you are after COMPREHENSIVE CAR INSURANCE + CTP. Alone CTP no. Alone COMPREHENSIVE CAR INSURANCE may be yes but she was not sure as she was from CTP.
Did you try to call them? Any luck?
Has anyone tried getting the deal for CTP insurance?
edit: nvm a.a was 0.000001sec too slow apparently
Just bought a new policy with them about 10 days ago. What are the chances they'll provide me a cashback for the portion of my premium?
cancel it. Use your cooling off period :)
I saved about $300 by switching away from AAMI…
who did you go with?
Coles Insurance.
I found it the other way ~15mths ago.
I was with Coles (no claims) then the renewal came in with an increased price, experienced this with others previous, perhaps they gamble most will simply renew without research, I don't call around to haggle, whoever gives the best price straight-up gets my business, if they want to keep me as a customer compare others and give the right price straight-up!
Subsequently I jumped onto ratecity to compare, ended up with aami, now have all my vehicles and policies with them (~8).
However (in-short) some policy T&C's are different to others, call to make a claim on something you believe would be straight forward only to hear "sorry sir that isn't covered" (i.e. landlord insurance) when it would have been with others, whilst a pain always read the .pdf/s with high val assets.
For my car, AAMI was by far the dearest when I was looking about 10 days ago. They also didn't allow choice of repairer.
I'm surprised you said that. I've been in a number of accidents (not my fault) and I've always taken my car to 2 repairers of my choice to get quotes. One time I couldn't be bothered and I had just one quote telling AAMI I had to go to that one as they provide a courtesy car and it was fine as the quote was similar to their quoter.
The other option is to just drop the car to the nearest AAMI and they take care of it with their chosen repairer.
I have chosen the option of increasing my Excess so I can get my insurance a little cheaper. And they gave me am extra discount once when I complained about how much the policy had gone up.
I haven't saved that much, but…
If you don't test the market, invariably you lose.
We still have several (vehicle) policies with AAMI - but they've lost two other comprehensive car insurance policies plus a house and contents policy in the last 1.5 years. They barely kept one other comprehensive policy when I rang up and argued that they'd applied a well-over CPI increase on a policy where they had significantly depreciated the vehicle value (relatively young car). I wasted time then - and I told the AAMI operator that I would seek other quotes the next time - rather than 'negotiate' over the phone.
Interestingly, the new comphrehensive policies are with Suncorp subsidiaries (also own AAMI).
In the ACT, AAMI is one of the options for CTP coverage - but they don't ever seem to be the cost effective option.
'Pro' tip: When shopping for quotes on-line, don't feel shy to slightly alter your address or date-of-birth. It is unlikely to change your risk factors and it mucks up any data matching that can/could be done to ensure that quotes match your existing offers.
that they'd applied a well-over CPI increase on a policy where they had significantly depreciated the vehicle value
Same here… When they didn't do anything when I called, I shopped around and saved $300…
@JV
Well, they reduced mine - but it took time and effort to achieve. If they valued customer loyalty, they'd spend less on promotion and a little more on keeping longterm customers. I shouldn't have to call them out on price creep.
Of course, as a relatively 'mature' Ozbargainer, I know that there is no such beast as 'customer loyalty' and I know to ALWAYS test the market when there is both a decent saving to be made AND I have the time to pursue it.
does this apply to CTP insurance? couldn't figure out if comment above was stating you can, or asking the question
In most casess it's cheaper to sign uo with aami as a new customer every year and let your existing policy lapse rather than renew. The BS abouy someone being a diamond gold watever member is just to make people warm and fuzzy. I used to do this every year until I completely moved away.
I'll be moving away from AAMI this year after some very disappointing service during a claim that should have been straight forward. IMO they have left me out of pocket and ripped off.
Anyone got any recommendations for a better choice?
Like real friends you know which is a good insurer only in need.
We pay premiums in hope that they will be there for you when you need them. In a number of cases they get away with some hidden clauses.
I just made a claim with nrma..was pretty smooth
Have a look on productreview.com.au The best gets 3.6 stars but most are below 2.5 stars. Says a lot really about how good car insurance companies are!
They're all pretty crap when you claim.
Soi we just moved to Coles, I figure just go with the cheapest.
(if you get Woolies to beat them by $100, then go back to Coles, you can get a great deal (we halved our renewal that way)
yeah we've been battling them for over a year for house repairs. They've had 2 goes & completely botched it up both times. Even their own assessors bag them out. I'd hate to have to use them for a total loss.
They use the delay delay delay & hope they go away tactic. No differet to others I expect.
I haven't see any insurance companies have good review. All under 3 stars. Cause most of people only wrote bad review when they not happy.
True. People seem to be much more likely to leave a review when they are disgruntled - and the biggest insurers will end up with the most gripes just because they've got the most customers. The only value I see from many of those review sites is when a smaller player is coping a lot of flack. That's a red flag right there.
And that is why I start with the Canstar website and then do direct quotes with 2-3 of the more likely suspects + my existing insurer (using slightly different location/age details to muck up any data matching).
I just got a second quote from Coles Insurance does a much better deal. AAMI has my policy at $700+, Coles Insurance can do for $320.
What! Are u serious?
I signed up with AAMI about a month ago, it was roughly $300 with about $2000 excess and my car is covered for $20,999
Thanks OP.
I took out 3 new policies at the end of June, and now saved even more.
The only thing is that the 20.5% is off the over the phone price, not the online price which is already cheaper than over the phone.
But still ended up saving $370 across all 3 policies.
One thing I do like about aami with building is the option for "complete replacement", saves stress of potentially being under (consider demolish/removal costs above rebuild if high demand on contractors etc)
Guys I saved $900 on my insurance, I sold my car lol
Not applicable for CTP. Only comprehensive as per the person I spoke to.
The rep told me yesterday this offer ends on the 17th.
For me, this deal is only worthwhile if they also discount the Greenslip, otherwise Coles insurance is offering me 1 year comprehensive insurance for $512.19 (after their price beat guarantee is applied), whereas AAMI are offering me 1 year comprehensive insurance for $588.67 after the discount is applied.
I'm hoping to get a different result to fryandlaurie above and get the discount applied to both policies.
Called AAMI back earlier today and unfortunately ended up with the same result as fryandlaurie above (they wouldn't include the discount on their CTP, only comprehensive).
This is available to existing customers that are taking out a new policy too; I did this a week ago.