kM
krish M
1 reviews | Active since Jan 2014
02 Jul 2021, 15:03
M/V Appreciation/depreciation value?
Its 1 year since I have insured my vehicle outsurance. Now they send send an email stating that the new premiums will be increased for the new year. My question does my car appreciate or depreciate every year? I have sent them a mail but was returned that they don't reply to emails. In this time and age they don't even pick up their phones - no answer? I need to cancel my payment to them.
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OUTsurance's replyOfficial
05 Jul 2021, 12:28Hello Krish M
Thank you for reaching out to us.
Our client care manager contacted you.
She explained the rerate in more detail and why premiums on vehicles still increase, although the value of vehicles depreciate.
Thank you for affording us the opportunity to clarify.
Regards
OUTsurance
Thank you for reaching out to us.
Our client care manager contacted you.
She explained the rerate in more detail and why premiums on vehicles still increase, although the value of vehicles depreciate.
Thank you for affording us the opportunity to clarify.
Regards
OUTsurance
Best regards,
OUTsurance's reply05 Jul 2021, 12:28
Official
Hello Krish M
Thank you for reaching out to us.
Our client care manager contacted you.
She explained the rerate in more detail and why premiums on vehicles still increase, although the value of vehicles depreciate.
Thank you for affording us the opportunity to clarify.
Regards
OUTsurance
Thank you for reaching out to us.
Our client care manager contacted you.
She explained the rerate in more detail and why premiums on vehicles still increase, although the value of vehicles depreciate.
Thank you for affording us the opportunity to clarify.
Regards
OUTsurance
Best regards,