LM
Laura M

1 reviews | Active since Jul 2014

02 Dec 2015, 08:11

Increase Premiums more than 20%

We have been with Santam for more than 7 years. We moved to a new house and as per usual our premiums changed. Nearly 3 months down the line we received a mail stating that Santam is increasing our premium from R1354 to R1688 (more than 20%). I contacted our broker and asked them to please speak to Santam as my husband had been retrenched and we cannot afford the new premium. The Broker (Vineyard Insurance brokers) rep**** by saying that the premium increase is imminent and sent me a quotation from another insurance company. I then contacted Santam and asked them what they can do for us, they then suggested I remove the broker from our policy, then they can give me a better deal I must just send them a copy of our policy. I did as requested by Santam. After a while I got an email stating due to our claims history they cannot remove the broker. I emailed them again saying I just want our premiums reduced due to the fact that we cannot afford the new increase their reply we they have forwarded my request to their broker contact centre.

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Replies (1)
Santam
Santam's reply02 Dec 2015, 08:33
Official
Hello lauramostert,

Thank you for your posting above.

We understand that you are not happy with the service and increased premiums on your policy.

We will investigate this matter and nce we have concluded our investigation, we will revert back to you.

Thank you and kind regards.

Stephan Olivier
Client care media manager

Best regards,