About to move House and Contents cover to AMI

Forums › Home Workshop DIY › About to move House and Contents cover to AMI - any reason why I shouldn't?

Batman

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#140959 25-Feb-2014 14:34

Of course I am moving because of seemingly better conditions and much cheaper rates compared to some private firms. Is there any reason why I shouldn't or would anyone say NZI (or whoever) is better?

For 150k contents I was quoted 535 PA (their best policy) with match carpet cover, $250 excess
For 950k rebuild (that was the highest I could ask for without spending money on goons with a tape measure) I was quoted 1300+ PA (their best policy) with no excess on glass, $450 excess

Hmm ...

E3xtc

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#994707 26-Feb-2014 10:19

Have been with AMI for a number of years now; house, contents, cars and boat...no issues to date - including the loss of one car.

Batman

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#994711 26-Feb-2014 10:27

thanks. would a change of ownership (IAG) make it any worse? (when one pays an insurance company the measure of a good one is one that pays out)

JamesL

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#994722 26-Feb-2014 10:45

If anything IAG buying AMI was the best outcome

IAG have also purchased Lumley so they're not short on cash it seems

Batman

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#994795 26-Feb-2014 12:56

sweet ... savings +++ (i hope ... unfortunately you only know the answer if/when you make a claim)

surfisup1000

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#994806 26-Feb-2014 13:16

I've only had good experiences with AMI.

Had a couple of claims in the last 5 years. One of claims I was wondering if they might get a bit picky (my 5 year old caused significant damage, don't ask how!!) but they came through.

6FIEND

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#994813 26-Feb-2014 13:24

One potential downside is that they're choosey about insuring specific makes & models of vehicle...

I note that you haven't mentioned motor vehicle insurance in your question, but you may find yourself having to shop around for another insurer if you ever buy a car that they don't approve of.

Just something to keep in mind :-)

(I just walked a potential $1m+ of coverage out their door last week because they were unable to accommodate a $30k vehicle)

vexxxboy

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#994817 26-Feb-2014 13:35

I was with AMI for years and found them really good, i only left them because they dropped the no excess on prescription glasses which in a family of 5 with 3 kids, all with glasses, is a necessity.

Common sense is not as common as you think.

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Batman

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#994818 26-Feb-2014 13:36

They wouldn't insure turbo cars before I turned 25.

When I was 30 I went back to then with a Subaru sti of all cars ... no questions asked

Batman

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#994824 26-Feb-2014 13:38

vexxxboy: I was with AMI for years and found them really good, i only left them because they dropped the no excess on prescription glasses which in a family of 5 with 3 kids, all with glasses, is a necessity.

Who are you with now?

bales

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#994828 26-Feb-2014 13:44

i heard carpet is covered under house policy now not contents is this correct

E3xtc

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#994869 26-Feb-2014 14:35

joker97: They wouldn't insure turbo cars before I turned 25.

When I was 30 I went back to then with a Subaru sti of all cars ... no questions asked

Interesting; I had an Evo 3 insured through them, while I was mid 20's with zero issues...they didn't care about the modifications (full exhaust, chipped, high flowed turbo, boost controller, custom airbox, gauges, sounds); it was just list them on the policy and it's sorted...was expecting silly high premiums, but no dramas. Maybe they just know I am just a saint :)

vexxxboy

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#994904 26-Feb-2014 15:29

joker97:
vexxxboy: I was with AMI for years and found them really good, i only left them because they dropped the no excess on prescription glasses which in a family of 5 with 3 kids, all with glasses, is a necessity.

Who are you with now?

Tower

Common sense is not as common as you think.