MM
MrT M

1 reviews | Active since Sept 2015

12 Dec 2024, 15:21

Avoid Standard Bank Home Insurance

I strongly advise against using Standard Bank for home insurance. Each year, they increase my premium by an outrageous 35% without any prior notice. It’s absurd, and dealing with them is a nightmare – you’ll need to spend an hour on the phone just to negotiate it back down.

I was seriously considering moving all my personal and business banking to Standard Bank, but this experience has completely put me off. They come across as opportunistic, like many other banks. A simple notification about the premium hike would have been appreciated, but even that courtesy was missing.

Avoid them at all costs

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