SC
Shaahid C
1 reviews | Active since Dec 2012
30 Mar 2016, 07:50
101% car premium increase
In the last 12 months I have been paying around R680 to insure my vehicle through budget insurance. I have just been informed that my policy has gone through a annual review and I will now pay R1370 for that same vehicle. A whopping 101% increase.<br> <br> While I can understand premiums increase, there is no amount of justification for 101%. Called in to find out why and all that I am told is the vehicles risk has increased. Absolute ****. After being a client for so long I think its now time to go shop around.
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Budget Insurance's replyOfficial
30 Mar 2016, 16:10Hello Champion9,
Thank you for your comments.
We have noted that the increase in premium was due to your recent policy review.
We do see that a Manager discussed the policy review and a discount was allocated.
Apologies for any inconvenience caused.
Kind regards
The Budget insurance Team
Thank you for your comments.
We have noted that the increase in premium was due to your recent policy review.
We do see that a Manager discussed the policy review and a discount was allocated.
Apologies for any inconvenience caused.
Kind regards
The Budget insurance Team
Budget Insurance's reply30 Mar 2016, 16:10
Official
Hello Champion9,
Thank you for your comments.
We have noted that the increase in premium was due to your recent policy review.
We do see that a Manager discussed the policy review and a discount was allocated.
Apologies for any inconvenience caused.
Kind regards
The Budget insurance Team
Thank you for your comments.
We have noted that the increase in premium was due to your recent policy review.
We do see that a Manager discussed the policy review and a discount was allocated.
Apologies for any inconvenience caused.
Kind regards
The Budget insurance Team