AS
Anelisa S

1 reviews | Active since Nov 2021

22 Sept 2025, 13:27

Concern Regarding Unexplained Increase in Insurance Premium, and no response to my email 9 Sep

I am writing to formally express my concern regarding the recent increase in my insurance premium for policy. You sent me an email that in Oct my premiums will be increasing without any clear explanation or change in my circumstances that would justify such a rise. But i spoke with you in July that te premium is too high which you reviewed and decrease, from R2550bto R2350. Now you are telling me its increasing 2 months later to R2700.

I have maintained a clean record and have not filed any claims during the policy period. My coverage details and insured assets remain the same, so I am struggling to understand the reason for this increase. because the value of the car decreasing with each payment made.

I would appreciate a detailed explanation of the factors contributing to this change. Furthermore, I would like to know what steps, if any, I can take to reduce my premium or explore more affordable options within your offerings.

Please treat this as a formal complaint and respond at your earliest convenience. If the increase cannot be reasonably justified, I will be forced to consider alternative providers.

0
Replies (3)
OUTsurance
OUTsurance's reply22 Sept 2025, 13:39
Official
Good day Anelisa,

We understand that receiving an annual increase comes as a disappointment. 

There are a variety of factors that will influence a premium increase at rerate stage such as claims, inflationary adjustments etc. You are correct that vehicles do depreciate however the cost of spare parts and labour increases which has a direct impact on the premium. Please note, we have it on record that there was an incident in April this year. Our client services manager will call you to review your premium.

We do apologise for the disappointment.

Regards,
The OUTsurance Team
AS
Anelisa S's update22 Sept 2025, 14:24
Reviewer Update
An incident in April this year, di you pay for that?
they better call because this was communicated to you early this month and you did not bother doing anything about.
OUTsurance
OUTsurance's reply22 Sept 2025, 14:52
Official
Good day Anelisa,

Thanks for your further feedback.

Our client services manager, Hawa, has been unsuccessful in her attempts to reach you. She has subsequently sent you an email.

We have been able to offer you a reduced premium.

Regards,
The OUTsurance Team