Vehicle Insurance

Rather pay a bit more and have an insurance company that will be there for you when you need them. I recommend going with Santam through a broker such as Aon.
 
outsurance was charging us R3500 per month, but now we are with a broker that put us on santam and the monthly fee is half of what outsurance was charging us..
 
abzo said:
age group 26-30
parked in secure estate
only driver

Just got a call from Hollard regarding their "pay as you drive" and quoted R400 for 500KM per month. Still have to contact the broker.
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To hell with that. It's your car, you can drive it all you like.

I was sitting on R1.1k at Outsurance, gave them the finger when they wanted me to sign a 3yr deal with tracker to drop my insurance by R80. Without a tracker my premium at the time would've been R10 more, so I cancelled my tracker too.

Chatted to my broker who got me signed with Santam, comprehensive + 150k household insurance... R550.
 
I had a tracker installed with outsurance. Forgot about that. Hope it doesn't mean I'm stuck with them.
 
abzo said:
I had a tracker installed with outsurance. Forgot about that. Hope it doesn't mean I'm stuck with them.
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Usually the tracker installation is just arranged by Outsurance, your tracking device would be on contract with the tracking company (E.g. with Tracker). At least that's my understanding of the deal...

Outsurance likely got a referral fee, but the tracker contract shouldn't be with them.
 
samr1wp said:
we have never had issues with them ....and they are good
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I second this. I've never had issues with Santam (but I negotiate through them with a broker who is based in George).

With Santam you get a discount if you have both your vehicle and household insurance with them btw. They wanted to charge me R1400 for my Hyundai Elantra '12, but because I have my household insurance with them the vehicle's insurance premium came down to R1000 (or something like that)
 
Also never had issues with Santam,

Only reason I've moved is I got a better premium with another underwriter with a broker who actually KNOWS my name and I'm not purely a number to him.
 
I'm paying Santam R517 per month for comprehensive insurance on a performance vehicle (2.0L engine) worth R140K.
Age 35, married.

MiWay want R850+
Outsurance want R1000+
 
ToxicBunny said:
Also never had issues with Santam,

Only reason I've moved is I got a better premium with another underwriter with a broker who actually KNOWS my name and I'm not purely a number to him.
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What is Santam's claim process like? It seems as though many people are happy with them. From experiences of some friends and family, they seemed to be quite a bit slower (or at least slower than Outsurance, in my experience). I have been with Outsurance for ages now, but they are getting very expensive. Even tried to get them to come down a bit, based on reduced risk (now working from home, much more secure parking etc.) and they just plainly said that there is no chance.

Going to have a sit-down with a buddy of mine though to do a complete overhaul of a few things - insurance being one of them.
 
I am also looking to switch from Miway to Santam - Anyone know of an excellent broker in Cape Town?
 
Used to fork out R1000 a month for my R100 000 car. I was insured by Miway. I cancelled the insurance and I now only have third party, fire and theft coverage. The R350 for that is still too high.

Any brokers around the Pretoria area?
 
Sly21C said:
Used to fork out R1000 a month for my R100 000 car. I was insured by Miway. I cancelled the insurance and I now only have third party, fire and theft coverage. The R350 for that is still too high.

Any brokers around the Pretoria area?
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Isn't that the same as comprehensive cover? R350 sounds very good for a 100k car.
 
Flidiot said:
What is Santam's claim process like? It seems as though many people are happy with them. From experiences of some friends and family, they seemed to be quite a bit slower (or at least slower than Outsurance, in my experience). I have been with Outsurance for ages now, but they are getting very expensive. Even tried to get them to come down a bit, based on reduced risk (now working from home, much more secure parking etc.) and they just plainly said that there is no chance.

Going to have a sit-down with a buddy of mine though to do a complete overhaul of a few things - insurance being one of them.
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I wrote off my 1st car after 2 months of being with Santam. They paid out in full.
 
Voicy said:
I wrote off my 1st car after 2 months of being with Santam. They paid out in full.
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damn... That isn't something you hear too often. Think I really have to check them out, or at least chat with a broker/advisor
 
Sly21C said:
Used to fork out R1000 a month for my R100 000 car. I was insured by Miway. I cancelled the insurance and I now only have third party, fire and theft coverage. The R350 for that is still too high.

Any brokers around the Pretoria area?
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Aren't you still paying your car off? Firstly isnt this illegal and secondly are you mal?

abzo said:
Isn't that the same as comprehensive cover? R350 sounds very good for a 100k car.
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Doesn't cover accidents.
 
Flidiot said:
What is Santam's claim process like? It seems as though many people are happy with them. From experiences of some friends and family, they seemed to be quite a bit slower (or at least slower than Outsurance, in my experience). I have been with Outsurance for ages now, but they are getting very expensive. Even tried to get them to come down a bit, based on reduced risk (now working from home, much more secure parking etc.) and they just plainly said that there is no chance.

Going to have a sit-down with a buddy of mine though to do a complete overhaul of a few things - insurance being one of them.
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Their claim process is horribly simple..


Have accident, phone Santam.. they organise tow truck to take vehicle to assessment centre.. vehicle gets assessed and quote put forward, Santam approve, vehicle gets fixed, you pay panel beater the excess.
 
abzo said:
Isn't that the same as comprehensive cover? R350 sounds very good for a 100k car.
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I don't have comprehensive cover anymore, I only have third party, fire and theft cover. I think R350 just for third party, fire and theft is still way too high.

Brawler said:
Aren't you still paying your car off? Firstly isnt this illegal and secondly are you mal?
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My car is paid off, I'm the titleholder now. Ek is nie mal nie :D, but paying a premium of R1000 car insurance for a R100 k car is madness.
 
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