MM
Mohamed M

1 reviews | Active since Dec 2017

24 Feb 2023, 17:09

Unhappy with premium increase

I received my annual review notification, I called Outsurance office on Thursday requesting consideration on the premium increase on my Toyota Camry. The lady had a don’t care attitude, felt almost like take it or leave it.

Current premium is R456,16 and new premium as from 1/4/2023 will be R627,21.

This premium increase equates to 37,5% . I feel that the increase is excessive, unjustified and a ******* in today’s market and economic climate . I have been a loyal Outsurance client for 20 years .

0
Replies (2)
OUTsurance
OUTsurance's reply28 Feb 2023, 18:35
Official
Good afternoon Mohamed,

Thank you for your feedback.

We apologise for the conversation you had with our advisor and will address the service transgressions internally.

Our client care manager Richard contacted you to discuss the rerate principles app**** in determining your premium.

We understand that the feedback he provided was disappointing. 

We value your continued loyalty and hope that you can understand the economic factors that have influenced our decision.

Regards,
The OUTsurance Team 
MM
Mohamed M's update28 Feb 2023, 18:53
Reviewer Update
So a 37,50% premium increase is justified in your eyes? I wonder what you guys are on ?