LP
Luyanda P
1 reviews | Active since Sept 2020
23 Sept 2024, 17:45
****s!!! Your premium won’t be cheap!!
They will hike you premiums and access to a high amounts and worse part its non negotiable. My Premiums have gone up by nearly over R500 since joining Naked in 2022 and my Access started at R5000 and now it’s at R7500. Absolutely ****s. They lure you in with affordable premiums and access and then they increase everything without any option to negotiate. I’m changing my insurance provider as a result. Do not be fooled by affordable premiums and access once you are in they will increase it!
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Naked Insurance's replyOfficial
25 Sept 2024, 11:35Hi Luyanda,
Thank you for getting in touch with us.
At Naked, we periodically review and update premiums, typically once a year, to ensure they remain accurate and fair for the level of coverage provided. This process is carried out independently of any claims, meaning that while a premium adjustment might coincide with a claim, it is not directly influenced by it.
When we adjust premiums, several factors are considered, including:
If you have any further concerns or need additional clarification, feel free to reach out.
Thank you for getting in touch with us.
At Naked, we periodically review and update premiums, typically once a year, to ensure they remain accurate and fair for the level of coverage provided. This process is carried out independently of any claims, meaning that while a premium adjustment might coincide with a claim, it is not directly influenced by it.
When we adjust premiums, several factors are considered, including:
- General inflation on goods and services
- Exchange rates, particularly for imported parts needed for repairs
- Changes in road conditions or an increase in power surges due to outages
- Crime rate fluctuations in your area
If you have any further concerns or need additional clarification, feel free to reach out.
Naked Insurance's reply25 Sept 2024, 11:35
Official
Hi Luyanda,
Thank you for getting in touch with us.
At Naked, we periodically review and update premiums, typically once a year, to ensure they remain accurate and fair for the level of coverage provided. This process is carried out independently of any claims, meaning that while a premium adjustment might coincide with a claim, it is not directly influenced by it.
When we adjust premiums, several factors are considered, including:
If you have any further concerns or need additional clarification, feel free to reach out.
Thank you for getting in touch with us.
At Naked, we periodically review and update premiums, typically once a year, to ensure they remain accurate and fair for the level of coverage provided. This process is carried out independently of any claims, meaning that while a premium adjustment might coincide with a claim, it is not directly influenced by it.
When we adjust premiums, several factors are considered, including:
- General inflation on goods and services
- Exchange rates, particularly for imported parts needed for repairs
- Changes in road conditions or an increase in power surges due to outages
- Crime rate fluctuations in your area
If you have any further concerns or need additional clarification, feel free to reach out.