1 reviews | Active since Oct 2019
Unacceptable policy change
Seriously, it's my first day as a Budget client and we are already off to a bad start.. I got a quote this morning for my car insurance and the consultant says that they have the quote on 'market value' so they will leave it at that.. So I said no, I want this changed to the 'retail value' so that change was made on the quote.. So I receive my quote and the premium is R680.38 and it states retail value.. So I requested a call back later to decide if I would like to proceed.. So when they called back later, I decided to proceed with their quote.. There was one change on the quote, their system picked up that I was married so I requested to have that changed to single.. My premium went up by R8.00, which is understandable.. So I proceeded with the insurance and canceled my existing insurance.. So when I received my policy schedule, I noticed that I was insured for the 'market value'.. I called Budget immediately to have this corrected as I was not informed that it was changed to the 'market value'.. Now they want to increase my premium to over R700.00. That is unacceptable.. I requested that they listen to both phone calls, the initial quote and the underwriting call.. I specifically stated I want my vehicle insured for retail value and not once was I informed that this would be changed to market value.. and now I have to wait 7 working days for a response? Is this really the service I can expect throughout my journey with budget?
We would like to apologise for the service you have received.
We will escalate your matter to our team to look into.
They will contact you with feedback.
Kind Regards,
The Budget Team
We would like to apologise for the service you have received.
We will escalate your matter to our team to look into.
They will contact you with feedback.
Kind Regards,
The Budget Team
