I came across this deal of a bonus 10,000 Velocity points for new car insurance or home & contents insurance policies.
I'm doing the shopping around as my home & contents insurance policy renewal has gone up by $30 a month!
Car Insurance
Reward yourself with up to 10,000 Velocity Points when you purchase a new eligible comprehensive Virgin Car Insurance policy by 30 September 202417. Buy online and you’ll also save 15% on your first year’s premium1, so you can spend more of your money your way.
We’re one of Australia’s fastest growing motor insurance brands3 for a good reason. We’re a finalist in the Finder awards!21 So you can be sure we’re amongst the best for price and features.
Home and Contents Insurance
Reward yourself with up to 10,000 Velocity Points when you purchase a new eligible combined Virgin Home and Contents Insurance policy by 30 September 2024.18 Purchase online and you'll also save 30% on your first year’s premium.1
Our home and contents insurance has won an award for exceptional value 5 years running21. That’s why you can trust us to do the most when it comes to helping you protect what matters, at a price you can afford.
Important stuff
This information is of a general nature only and does not take into account your personal financial situation, needs or objectives. As we don’t know your financial needs we can’t advise if our products will suit you. Terms, conditions, limits and exclusions apply. Please consider the relevant Product Disclosure Statement, Target Market Determination and/or Terms and Conditions available at virginmoney.com.au before making a decision about the product. Any discounts on both new and renewing policies only apply to the extent that any minimum premium isn't reached.
Promoter: Virgin Car Insurance and Virgin Home and Contents Insurance are promoted by Virgin Money (Australia) Pty Limited (“Virgin Money”) as the Authorised Representative No. 280884 of Virgin Money Financial Services Pty Ltd ABN 51 113 285 395 AFSL 286869. Car, Home and Contents: Auto & General Services Pty Ltd (ABN 61 003 617 909; AFSL 241411) arranges the insurance on behalf of the product issuer, Auto & General Insurance Company Limited (ABN 42 111 586 353; AFSL 285571). Virgin Money receives a commission which is a percentage of your premium – ask us for more details before we provide you with any services on this product.
Things you need to know
Home and Contents Insurance
Discount applies to the first year's premium paid for new Virgin Home and or Contents Insurance initiated online on or after 30 March 2017. The 30% discount applies to Combined Home & Contents Insurance, 15% discount applies to Home Insurance only or Contents Insurance only. We reserve the right to change the offer without notice. Base rate premiums subject to change. The discount does not apply to any renewal offer of insurance. Discount applies only to the insurance portion of the premium before any fees, charges or levies that may apply. This may impact the full extent of the discount.
Car Insurance
Discount applies to first year's premium paid for new Virgin car insurance Price Saver purchase initiated online on or after 30 March 2017. The discount applies to Comprehensive, Third Party Property and Third Party Fire and Theft Car policies. We reserve the right to change the offer without notice. Base rate premiums subject to change. The discount does not apply to any renewal offer of insurance. Discount applies only to the insurance portion of the premium before any fees, charges or levies that may apply. This may impact the full extent of the discount.
Source: Auto & General Company Data and APRA June 2023 quarterly institution-level data.This is based on June 2023 quarterly institution-level data. Virgin Money Insurance growth (as a portion of the underwriter Auto & Generals overall growth) of 25% over Jul22 to Jun 23 compared to the industry growth average of 12%.
Offer of up to 10,000 Velocity Frequent Flyer Points (Velocity Points) is available to eligible customers who purchase a new Virgin Car Insurance comprehensive policy and have not previously received points or other acquisition offer for that same policy number (not available for renewals). This offer is valid for new policy purchases from 27 March 2024 – 30 September 2024 and is subject to change or removal at the discretion of Virgin Money. Offer is not valid to customers who purchased through Compare the Market, Choosi, iSelect, Finder, InfoChoice, Canstar, Mozo or the Virgin Money app. A valid Velocity membership number must be provided at the time of application. If you’re not a Velocity member you can join Velocity for free. Maximum of 10,000 Velocity Points per policy (even if multiple cars are insured under a single policy). In order to receive the Points, the policy holder must be the main driver and their name must match the Velocity account name and membership number provided. Eligible policy holders will be entitled to up to 10,000 Velocity Points, subject to the following conditions: the policy holder will be entitled to 10,000 Velocity Points if the insurance is held for at least 65 days (credited to the eligible Velocity Account up to 90 days after the policy has been purchased); The Velocity Membership Terms and Conditions apply. This offer cannot be used in conjunction with any other Virgin Money Car insurance offers, is not redeemable for cash and is not transferable.
Offer of 10,000 Velocity Frequent Flyer Points (Velocity Points) is available to eligible customers who purchase a new combined Virgin Home and Contents Insurance policy and have not previously received points for that same policy (not available for renewals). This offer is valid for new policy purchases from 27 March 2024 – 30 September 2024 and is subject to change or removal at the discretion of Virgin Money. Offer is not valid to customers who purchased through Compare the Market, Choosi, iSelect, Finder, Canstar, InfoChoice, Mozo or the Virgin Money app. A valid Velocity membership number must be provided at the time of application. If you’re not a Velocity member you can join Velocity for free. Maximum of 10,000 Velocity Points per policy. In order to receive the Points, the policy holder’s name must match the Velocity name and account number provided. Eligible policy holders will be entitled to up to 10,000 Velocity Points, subject to the following conditions: the policy holder will be entitled to 10,000 Velocity Points if the insurance is held for at least 65 days (credited to the eligible Velocity Account up to 90 days after the policy has been purchased); The Velocity Membership Terms and Conditions apply. This offer cannot be used in conjunction with any other Virgin Money Home and Contents Insurance offers, is not redeemable for cash and is not transferrable.
Awards
Virgin Home and Contents Insurance won the Mozo Experts Choice Award for Exceptional Value, Home and Contents Insurance 2019, 2020, 2021, 2022 & 2023. These awards recognise products in the top 10% of the market that deliver exceptional value and benefits to customers. Find out more at https://mozo.com.au/expertschoice/home-insurance.
Virgin Car Insurance has been named a finalist in the Car Insurance Value Category in the 2019 & 2022 Finder Awards. Find out more at https://www.finder.com.au/finderawards.
Source: LMI Claims Comparison 2023. See their website and Claims Services comparison tool for more details.
Anyone have any experience using Virgin Insurance for cars?