KW
Kyle W

1 reviews | Active since Feb 2015

29 Apr 2022, 22:01

Safer overnight Location @ 40% premium increase

I currently insure my car and it is parked outside in the street in a area where many cars get broken into daily. I phoned in to let them know that as of 1 June I will be moving to another suburb where I will have secure ba*****t parking in my complex. I currently pay R1866 per month, I was all of a sudden told the premium would go to R2500+! then we removed the credit shortfall as I already have that with my finance, that and then it went down to R2300 and I told the consultant that this will not work for me, I am already overpaying at R1866 but can just about justify that with the fuel cashback. then I was just transferred over to retentions who tells me R2200.00, next thing they want to increase my excess to R10k, This will not work for me, from the get go I Got cheaper quotes when I first insured with you but the consultant said I could negotiate after 6-12 months, The second reason I also refuse to pay more for moving to safer location is that there is also a 8% increase that is happening too (for all customers due to the war apparently...) I am not willing to pay much more then my current premium of R1866 + the 8% increase that was communicated. I will be parking in a safer location with 24 hour security. Come to the party here

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Replies (2)
KW
Kyle W's update02 May 2022, 16:50
Reviewer Update
Please give supporting documents and comparisons as to why it goes up even when the car will be parked with security 24 hrs a day and in secure ba*****t access controlled, currently it is on a road? Also please confirm that the R2214 is taking into account the 8% increase.
KW
Kyle W's update19 May 2022, 14:18
Reviewer Update
Since cancelled my cover, found cover with lower excess and more benefits at R1000pm! This was a crazy expense for 9 months!