Rampant vehicle theft of high-value vehicles in South Africa is pushing up car insurance premiums – so much so that insurers are suggesting ways of disabling keyless entry and compulsory trackers. Speaking to Business Times following the release of the company’s...
South Africa has experienced a massive jump in hijacking activity since pre-Covid – and the situation has only deteriorated even further over the last 12 months. The latest crime figures presented by police minister Bheki Cele on Friday (17 February) paint a bleak...
Mr Goshai submitted a claim to IUM on 9 March 2022 following a single-vehicle accident which occurred on 6 March 2022. Following the notification, IUM on the same day appointed an assessor to investigate the loss, who confirmed the following in his report: CCTV...
Wendy Knowler relates the nightmare tale of a client who took out car cover with Constantia Insurance, unaware that the Prudential Authority was looking into the company’s finances. Africa Melane talks to consumer ninja Wendy Knowler on The Money Show. Click on...
Several insurance companies simply cannot keep up with the amount of claims and are losing money because of the poor state of the country’s roads. MOTORISTS are in for another rude awakening and this time, it’s not at the pumps. If you have tyre insurance you may not...