SB
Sharon B

1 reviews | Active since Aug 2015

06 Sept 2024, 13:18

Beware of annual premium increases

I am not happy with the the fact that Santam just goes ahead and increases my vehicle excess amount, on my annual policy renewal, with absolutely no explanation. I do understand that premiums go up annually, but firstly, increase my policy premium but you decrease the value of my vehicle by R14900 and also increase my excess, that' s not acceptable.

0
Replies (6)
Santam
Santam's reply06 Sept 2024, 13:22
Official
Good day Thank you for your post. We will be in contact with you shortly. Regards Client Care
SB
Sharon B's update11 Sept 2024, 07:26
Reviewer Update
Not sure what your definition of shortly is Santam, but still waiting for feedback as to why my excess was increased
Santam
Santam's reply11 Sept 2024, 07:42
Official
Good day,

Your broker has advised they have discussed and been in contact with you regarding this already.
You may liaise directly wit them herein.

Regards
Client care
SB
Sharon B's update11 Sept 2024, 08:02
Reviewer Update
Sorry, not acceptable. I want a response from SANTAM and not my broker because I did first approach my my broker but they did not even make contact with you. That is why I want a response from Santam and not my broker as to why my excess was increased. You are my insurer, not my broker
SB
Sharon B's update11 Sept 2024, 13:53
Reviewer Update
Thank you for the explanation Santam, noted. I never received notification from my broker about the increase in excesses
Santam
Santam's reply11 Sept 2024, 14:22
Official
Good day Sandra,

It is only a pleasure.
That is unfortunate and we really do apologise for that.

Kind regards
Client care