Aldi is offering a new service to Australian customers amid the cost of living crisis and it has nothing to do with the supermarket.
The supermarket giant launches Aldi Insurance, which offers home and contents, comprehensive motor and homeowners policies.
Customers will be able to get a policy quote in three minutes without any “confusing jargon.”
Many Australians have been sharing how they are cutting costs and many say changing insurance policies and shopping for cheaper rates has saved them thousands of dollars.
“Compare all your bills, electric, insurance, internet, phone, etc. I just received a quote for my car insurance for $650, which is half of what I’m currently paying,” one super saver recently said.
Aldi Australia launches Aldi Insurance offering home and contents, motor and landlord insurance policies.
Aldi Insurance says its prices will be competitive for both new and existing policyholders.
Those who opt for home and contents insurance will also receive smart sensors which are said to reduce premiums and keep their homes safer.
Sensors monitor homes to help prevent accidents that can lead to claims such as fire, water damage and theft, while saving customers up to eight percent on premiums.
Aldi is working with partners Honey Insurance and RACQ Insurance to offer the new service.
CHOICE expert Mark Serrels previously said that making careful insurance decisions is the key to saving money in 2024, and many are currently considering their options.
This is probably why Aldi has now decided to introduce a competitive offering to the market; Coles and Woolworths also offer insurance options.
He believes Australians can save up to $1,730 a year by switching to a cheaper policy.
Aldi Insurance is said to be a “simple” solution for Australians who want to protect their assets with low premiums and no hidden exclusions.
Aldi will use technology through Honey to identify key information about a customer’s home, including its size, year of construction and material composition, to speed up the traditionally lengthy process.
“We have taken the complexity out of comprehensive motor, home and contents and homeowners insurance to offer a simple product at exceptional value,” said group director Rodney Balech.
“Like our grocery offering, we won’t be offering one-off rewards or conditional discounts; we want to bring what we’ve successfully achieved in our grocery operations to the insurance market.”
