DN
David N

1 reviews | Active since Nov 2011

29 Oct 2015, 09:38

Budget Insurance do not have your back

I have been a customer of Budget Insurance for many years now. I have come to learn that Budget Insurance do not like to settle claims, in fact they go to extreme lengths to find reasons not to pay. I mean, my 60% rejection rate speaks for itself. Over the years I have been in the unfortunate position of having to submit 10 claims, of these, only 4 were settled. This includes a sizable house break-in claim in October 2014 where a R40K claim was rejected based on a technicality. My latest claim was submitted for a problem with my borehole pump, a specified item on my policy. Not only did it take 3 weeks to get a response, but Budget Insurance sent a swimming pool contractor to assess a borehole pump issue, that's like asking a dentist to perform heart surgery! Needless to say, the contractors report was a load of hogwash and the claim was rejected based on this!<br> So I have had enough and cancelled my cover with Budget Insurance. I need my insurance company to have my back, Budget Insurance and/or Telesure certainly don't!

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Replies (1)
Budget Insurance
Budget Insurance's reply29 Oct 2015, 14:58
Official
Hello s00210,

We acknowledge receipt of your complaint.

We are investigating your concerns as mentioned above. Please expect a call from one of our Customer Relation Specialists who will discuss the matter with you in more detail.

Regards,
The Budget Insurance Team.