Standard Bank Insurance Feedback

Dee96

Expert Member
Joined
Oct 12, 2011
Messages
1,451
Hi All

Just thought I would start this thread to give honest feedback on Standard Bank Insurance.

The process of taking out the policy was easy and was done in 15 minutes. They had the most reasonable quote from everyone I contacted and I liked being with one of the bigger insurers. After the call, it was off to a PG glass for 15 minute's while they took pictures of the car and sent it off to Standard Bank.

All in all, very efficient and professional and digital which made it very user friendly.

Unfortunately, a week ago, someone did not see a stop sign and smashed into me. So after a few months with a new insurance, I have to claim.

The incident was reported the the insurer 1 day after the incident and again, it was one call and very professional.

Within 5 minutes, an assessment centre contacted me and set up an appointment to view the vehicle on the same day.

2 business days after that, I received an email from the assessment centre with a quote. The quote was also sent to Standard Bank for moderation.

This brings us up to today where it has been with standard bank for 4 working days.

I will update this thread as I go on through the process.
 

Raaz1zn

Active Member
Joined
Aug 28, 2017
Messages
53
Agree that being with Standard Bank is comforting but have you read their T's & C's?

It is ridiculous in comparison to people like telesure and Outsurance.
 

ADRAM3L3CH

Senior Member
Joined
May 10, 2009
Messages
741
I've been with Standard bank for 4 years , My wife had two accidents, +- R80000 to repair, boundary wall and roof claims. All sorted out over the phone in minutes and repairs completed within 2 weeks(except the car which took around a month) . I have however moved my vehicles now since I received a quote for R700 less elsewhere.
 

qscwbt

Expert Member
Joined
Feb 24, 2014
Messages
2,704
3 small claims from standard, pool pump and 2 water pipes that burst (outside no damage to anything but the lawn) over a 5 year period and they doubled my excess amount????
 

Dee96

Expert Member
Joined
Oct 12, 2011
Messages
1,451
I've been with Standard bank for 4 years , My wife had two accidents, +- R80000 to repair, boundary wall and roof claims. All sorted out over the phone in minutes and repairs completed within 2 weeks(except the car which took around a month) . I have however moved my vehicles now since I received a quote for R700 less elsewhere.

Where did you get a lower quote
 

Dee96

Expert Member
Joined
Oct 12, 2011
Messages
1,451
Update: Standard Bank approved my quote which is nice as I was worried that they might argue some points on the quote. I will give the car for repairs and will update.

A legal firm called me with regards to the recovery. Hopefully that goes smoothly
 

ADRAM3L3CH

Senior Member
Joined
May 10, 2009
Messages
741
Where did you get a lower quote
Discovery

Update: Standard Bank approved my quote which is nice as I was worried that they might argue some points on the quote. I will give the car for repairs and will update.

A legal firm called me with regards to the recovery. Hopefully that goes smoothly

Is that the recovery of excess? Took about 3 months to get my excess back.
 
Top