GM
Greg M

1 reviews | Active since Nov 2016

12 May 2017, 19:35

Freaky Insurance Quote

<p>I am buying a new car so I contact Discovery Insure who handles my insurance and asked for a quote for my new Toyota Hilux Double Cab. I was quoted almost R7000 per month. I thought that was horrific was rather car repayment than an insurance premium. I was told that Discovery classes this vehicle as high risk. I asked them about increasing the excess payment and the monthly premium only dropeed by R100.<br /><br />I contact 3 other insurance companies and asked them for quotes. The cheapest I got was R1388pm and the most expensive I received was just under R2000. Where does Discovery come from with more than R5000 per month extra per month on insurance.</p>

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Replies (1)
Discovery Insure
Discovery Insure's reply15 May 2017, 09:25
Official

Thank you for bringing this to our attention.

Whilst we can appreciate your dismay, the right to offer premium, term and condition to take on that the risk proposed or not to accept to carry the risk, remains that of an insurer.

The premium generated from your recent quote is in line with the risk to insure this item.

Regards,

Sakhe

Discovery Insure