Sahomeloans

Sahomeloans insurance is a ****. Property valuation is done on assumptions not by a evaluator. My property valuation as per sahomeloans in 2022 was R3.2mill, I received an increase letter in December 2024 for 2025. My property value was R3.9 mil in just under 2years. My insurance premiums is R1051 pm, Highest in south africa to be honest. I have tried to cancel my insurance with them but they become very dominating and won't accept other insurances. They make every effort not to cancel their insurance and dominate that the new insurance does not meet their requirements. They bully their clients that they own my property. I would certainly like encourage people who are with sahomeloans insurers to ensure their property value is correctly valued by sahomeloans or you will be paying much more,