Beware all OUTsurance fans

Can you believe this, the nightmare is happening all over again......!!!<br> <br> I receive the annual Building Cover 'Renewal' letter from Outsurance, and it again (like before) increase the so-called OUTsured value to R700,000 above market value, and make a big HO-HA about their new replacement value calculator which is completely unconvincing to say the least.... <br> <br> The obvious reason and result, ..... a big increase to my premium even though the market value of my property has not increased for at least 5 years.<br> <br> When I phone them, they argue that I must first obtain permission from FNB, the bond holder before they will be able to decrease this insured value down to the actual market value and that I basically need to get FNB to value my property first.<br> <br> After I get radically on the edge with the lady, she all of a sudden offers to decrease my premium to below what it actually was the previous year by saying she has done an \\over-ride\on the system... <br> <br> Can you believe this.... Absolutely amazing to say the least!!!????<br> <br> Where is some corporates taking the concept of creative thinking these days - beyond shocking if you ask me!!!!<br> <br> Beware all you OUTsurance fans..... I'm not!!\"\"\""