Can anyone clarify how it works when submitting a claim to insurance, for example a burst pipe, and paying the excess if the amount for the work done is lower?
The pipe burst just less than 4 months ago. They screwed the existing ceiling back with some extra screws and painted over the crack...
I have found a flat I would like to purchase. I am not 100% what the monthly costs like rates and taxes and building insurance etc would be. I am looking for a rough idea of the costs to ensure I budget correctly. Figures are as follows:
Price of flat: R1 049 990
Bond per month @12% with no...