pM
prinn M

1 reviews | Active since Nov 2017

07 Feb 2018, 13:42

Ridiculous Premiums

So I was with Outsurance paying R500 for car insurance till 3 months ago

Moved to new insurer and wasn't too happy with service so decided to shop around and phoned Outsurance more out of curiosity

Outsurance now quoted R900 for the same car and profile as 3 months. when I asked they said this was normal as I won't get the same 'cheap' premium again

Just shows how they rip people off

Someone needs to seriously investigate the insurance industry in particular this company

0
Replies (3)
OUTsurance
OUTsurance's reply09 Feb 2018, 11:11
Official

Hello prinn

Thank you for your feedback.

It is naturally disappointing to know the newly quoted premium is much higher that you previously paid.

Various factors will influence the premium, previous insurance history being one of them. As per your comments, you could not have been with your current insurer for more than 3 months.

Our client care manager will contact you and discuss the detail with you.

Regards

Dinky

pM
prinn M's update09 Feb 2018, 13:54
Reviewer Update
Good day, I was contacted and have to wonder why do Outsurance contact you if they have no intention of helping you... While the person who phoned was courteous and friendly, which I appreciate, they tried explaining something that didn't make any sense with no intention to resolve my query. To summarise, Outsurance treated me as a new customer when I tried to back even though I had been with them for 10+ years before leaving in the last 3 months. As a 'new customer', Outsurance now quoted me approximately R890 for my car which I was insured with them 3 months ago and paid only R500. My insurer that I am currently with charges me R350 for the same criteria I used with Outsurance. Apparently Outsurance were charging me a discounted premium when they quoted in 2007 and every time I tried to move they gave me further discounts to keep me and were running a loss compared to other insurance companies even though insurers wanted to do business at that premium. Since they advertised that they pay R800 for a 'new customer' if they cannot beat your quote, I inquired about this and am waiting for a response. They will probably now say I am not a 'new customer' as it suits them and they pick and choose when to treat you as such. Bottom line As of today, I can get premiums of R350 from Momentum, Alexander Forbes & Discovery yet for the same vehicle Outsurance wanted to charge me R890 for! I wish I had looked to change insurer sooner...
OUTsurance
OUTsurance's reply09 Feb 2018, 14:16
Official

Hello again prinn

Your further comments are noted and our client care manager will discuss the premium calculations in further detail with you. You will definitely be able to participate in the promotion. I will request our promotion team to get in touch with you and assist you.

Regards

Dinky