Author: Melissa Cohen
Have you asked the question, why would my car insurance premium be so expensive? I think most of us have experienced the excessive quote for car insurance and we wonder to ourselves how did the insurer get to that number! There are a few factors that impact your car insurance premium and this is why some people pay more than others when it comes to their premiums. There are a number of risk factors considered by your insurer which create your premium so the riskier your insurer see’s you the more you will pay for car insurance. You can use…
In today’s time, we google every single question that pops into our heads, no matter how dumb it is we will ask Google what the answer is. In actual fact the dumber it is the more critical it is for us to know so that we don’t embarrass ourselves in public. The Google team decided to release a report to show users what the most googled terms and questions were over the last decade. It will show you how South Africans think and what crosses the majority of the country’s minds. The most popular categories searched in South Africa were…
2020 has without a doubt been the strangest year due to the COVID-19 pandemic and all the social and economic issues that come with it. If you feel like you want to pull your hair our, don’t worry, you aren’t the only one. South Africans are dealing with more stress than ever and that’s why we decided to take the 2019 short-term Ombudsman’s report and give you a quick overview. Why do consumers need to see this report? This report coupled with the SA-csi 2019 report, analyzing consumers experiences with their insurance companies, gives us guidance on future insurance decisions…
Many South Africans are suffering with some kind of financial stress in 2020. Employees have lost their jobs; company owners have lost their businesses and many of us have lost our sanity trying to figure out how we are going to pay rent from one month to another. The South African economy has been hit hard since the COVID-19 lockdown and too many businesses have strict trading restrictions which are causing companies to barely break even, companies we thought would never have a problem making profit. How Can I Make Rent This Month? Many people are talking about cutting costs…
It’s no secret that COVID-19 has damaged South Africa’s economy, causing businesses to close down and leaving many jobless. As always when unemployment increases so does crime and more criminals are born. The unemployment rate in South Africa has increased to 30.1% from the fourth quarter of 2019. This is why we need to make sure we protect ourselves and our loved ones by setting up emergency location sharing on our cellphones. Many people don’t even know that this function exists, better more that it’s this easy to set up. Both Android and IOS have a built-in function for emergencies,…
If you’ve received that dreaded email…” Dear Customer, this is your policy update…” you know what’s coming. It’s almost always your insurance premium increasing. We have seen some insurance companies taking a bit of a chance or making mistakes with their consumers policy’s and increasing premiums more than 30%. If you see this, it’s not normal and we suggest that you contact your insurer and firstly ask why your insurance premium has increased by such a large amount. They may have a good reason depending on your circumstance but sometimes they have simply made a mistake. You don’t want to…
Why do so many South Africans opt to purchase secondhand cars rather than new cars? It simply comes to price! The price of cars in South Africa is extremely high especially compared to consumers’ salaries and expendable cash. With all the financial stress of COVID-19, most purchasers are having to apply for loans and financial help to buy not only new cars but also used cars. Buying a secondhand car is extremely stressful and because the average Joe isn’t a professional mechanic it’s difficult to see when there is actually something wrong with your potential baby. How much do you…
Sadly, in South Africa being bribed by an officer of the law is a common occurrence. We acknowledge that there are good cops and bad cops and you never really know which cop you can trust. Dembovsky said, “It should go without saying that not all traffic officers are corrupt, however, equally, not all traffic officers are not,”. “The truth of the matter is no-one really knows the full extent of corruption amongst traffic officials, mainly because relatively little is being done to actively combat the situation.” This is why we constantly need to be aware of our situation and…
Since new car purchases have taken such a massive knock during the COVID-19 lockdown we have decided to take a look at the used car market. Focusing on which cars have been the most popular purchases. Covid-19 has damaged so many industries but hopefully the hurt markets are resilient to adapt well enough to survive. We are keen to see how businesses evolve and the creative strategies they come up with to roll with the times. This is especially true for the automobile industry as face to face sales may be a thing of the past. A report has been…
There are always so many questions consumers have about their car insurance and things they never fully understand. We have had so many questions around car insurance excess and why we have to pay excess for a car insurance claim. Why Do I Need to Pay Car Insurance Excess? We all know why we need to pay a monthly car insurance premium, but consumers often feel ripped off when they have to fork out a lump sum when it’s time to claiming. There are a couple of reasons that excess is enforced by insurance companies and the main being that…