Worse insurance to opt into by far

I am so frustrated with iWyze and the additional excess they have on the policy. There is one where you are charged for having an incident not involving another car and they never tell you about it on inception. My premiums went up by over R500 in less than a year. I am expected to consent to iWyze viewing my bank statement and phone records for a claim I log. How ridiculous is that? Are they really in the insurance business to help people or to catch people out? I am so disgusted.