Too good to be true

I recently received a message from Discovery Insure congratulating me on my 1-year anniversary of being insured with them. "Fantastic!" Or so I thought...

From the time of being insured with them my premium has increased by 16.2%! I get it, inflation is inevitable. It happens. What I will not tolerate is that in the entire year of being insured with Discovery, I have mot made a single claim. My driving habit, as recorded by the DQ-tracker (Yes, I know Discovery- this is not used to calculate the premiums nor will it be used to prevent a claim payout), shows that I am an extremely conservative driver. The fact of the matter is that I take care of my car and I have no intention of racing the person in the kitted out GTI. As if a personalized risk profile is warranted? What annoys me further is that although my vehicle is depreciating in value, I received a quote for the same type of cover from another Insurance company (I am happy to share this with you) and the premium is well below your premium, even with a lower excess! I also have Health Insurance through Discovery and again, I have not made a single claim since my time of insurance. I have thrown close to R27 000 worth of combined premiums. I am truly considering moving my vehicle insurance and should it come to this, I will move my health insurance to another company as well.