1 reviews | Active since Apr 2013
Annual Insurance Premium Increase Madness
Hi Budget
I took out cover my T Cross in November 2025 and was quoted a premium of just under R700 . The car is almost a year old and today I received a letter informing me that my premium of R753.23 (which sounds like my Ford EcoSport insured by you) is going up to R940.49. That is a helluva jump in premium what in the hell are you people gesuip?
I am willing to remain with Budget but I am not accepting the 1 October 2026 increase as it is madness. My car is not even a year old. Can you reconsider or I will have to check on Hippo what is an ideal price by another insurance.
Sorry but to be paying almost R1000 for what a knock and we cant cover you is ridiculous. Please reconsider or I will move else where.
Thank you for bringing this to our attention. We understand your concern regarding the premium increase and can appreciate why this would be frustrating. Premiums are reviewed based on a number of factors, and we'd like the opportunity to look into your policy and discuss the options available to you. We have escalated this to the team to look into this for you.
Kind regards,
Budget Insurance Team
Thank you for bringing this to our attention. We understand your concern regarding the premium increase and can appreciate why this would be frustrating. Premiums are reviewed based on a number of factors, and we'd like the opportunity to look into your policy and discuss the options available to you. We have escalated this to the team to look into this for you.
Kind regards,
Budget Insurance Team
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Can we negotiate R850 ?
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Can we negotiate R850 ?
Alright, we understand. Our team will get in touch with you tomorrow.
Kind regards,
Budget Insurance Team
Alright, we understand. Our team will get in touch with you tomorrow.
Kind regards,
Budget Insurance Team