LC
Lucky C

1 reviews | Active since Mar 2016

24 Feb 2025, 12:07

Premium Increase

Naked Insurance has send me communication informing me that my premium and excess is going to increase in April. I didn't have claims whatsoever. It's about time I look for an alternative because you have lost your edge and chasing after money now.

0
Replies (2)
Naked Insurance
Naked Insurance's reply24 Feb 2025, 13:28
Official
Thank you for taking the time to share your feedback. We review our prices at least once a year to ensure fair premiums based on risk factors, which can lead to increases, decreases, or no change at all. Your updated premium reflects our latest view of risk, not just claims history. If you'd like more details on this, please could send us an email, and we’ll be happy to chat. 
LC
Lucky C's update28 Feb 2025, 11:22
Reviewer Update
My assets are decreasing in value and I did not submit any claim. Make it make sense for me because that reasoning lack substance, I guess you are just becoming like the rest who are chasing after money.