TT
Theodorah T
1 reviews | Active since Mar 2021
22 Mar 2022, 08:40
Premium increase
I loved discovery but the 20% increase on premiums🙈ðŸ˜I can't afford
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Replies (1)Discovery Insure's replyOfficial
22 Mar 2022, 11:46Hi Theodorah,
Given the current environment (vehicle and part shortages and abnormal power surge and weather events) we are experiencing unprecedented increases in claims costs.
To keep premiums fair between all our clients, we only increased the premiums of clients who have had several claims over the last three years.
Since the insurance premiums of all are used to pay the claims of those who have suffered a loss, this once-off premium increase ensures that all Discovery Insure clients have access to a fair claims process and receive the correct claim payouts, even in abnormal circumstances.
Regards,
Discovery Insure
Given the current environment (vehicle and part shortages and abnormal power surge and weather events) we are experiencing unprecedented increases in claims costs.
To keep premiums fair between all our clients, we only increased the premiums of clients who have had several claims over the last three years.
Since the insurance premiums of all are used to pay the claims of those who have suffered a loss, this once-off premium increase ensures that all Discovery Insure clients have access to a fair claims process and receive the correct claim payouts, even in abnormal circumstances.
Regards,
Discovery Insure
Discovery Insure's reply22 Mar 2022, 11:46
Official
Hi Theodorah,
Given the current environment (vehicle and part shortages and abnormal power surge and weather events) we are experiencing unprecedented increases in claims costs.
To keep premiums fair between all our clients, we only increased the premiums of clients who have had several claims over the last three years.
Since the insurance premiums of all are used to pay the claims of those who have suffered a loss, this once-off premium increase ensures that all Discovery Insure clients have access to a fair claims process and receive the correct claim payouts, even in abnormal circumstances.
Regards,
Discovery Insure
Given the current environment (vehicle and part shortages and abnormal power surge and weather events) we are experiencing unprecedented increases in claims costs.
To keep premiums fair between all our clients, we only increased the premiums of clients who have had several claims over the last three years.
Since the insurance premiums of all are used to pay the claims of those who have suffered a loss, this once-off premium increase ensures that all Discovery Insure clients have access to a fair claims process and receive the correct claim payouts, even in abnormal circumstances.
Regards,
Discovery Insure
