Discovery Insure anniversary

It is my Discovery Insure anniversary and after not claiming since I had the policy Discovery now wants to increase my policy over 5% per month.

This is the reason that Discovery is providing for the price increase.

Your new premium is based on the likelihood of you having a claim as well as the expected claims cost if you have a claim. Several factors affect this, including the rand/dollar exchange rate, general inflation, the cost of labour, and changing weather patterns.

My car reduces in value every month and is nearly paid off.