patches Posted August 24, 2020 Posted August 24, 2020 Meanwhile,back to insurers. Got two letters from AA Insurance this morning, saying: Hi Donovan,Great newsBack in April, we announced that we had received fewer motor claims during the COVID-19 lockdown and would be providing a rebate to our motor customers. Now that we have a clearer picture of the impact on our claim costs, we’re pleased to be doing just that! Everyone who held a personal motor policy with us and paid premiums between 24 March - 13 May 2020 will get back approximately 42% of the policy’s base premium during that time. The base premium excludes all applicable taxes and levies. They are paying me back around $130 in premiums from the COVID lockdown when I couldn't use my cars. Haha, nice! I got about $50 back from Tower for the car The irony was that the car got used MORE during Level 4 (as I was considered "essential" and I usually bus to work, but staff parking became free, and with traffic massively reduced, I took it as a good time to drive in each day)
patham Posted August 25, 2020 Posted August 25, 2020 Meanwhile,back to insurers. Got two letters from AA Insurance this morning, saying: Hi Donovan,Great newsBack in April, we announced that we had received fewer motor claims during the COVID-19 lockdown and would be providing a rebate to our motor customers. Now that we have a clearer picture of the impact on our claim costs, we’re pleased to be doing just that! Everyone who held a personal motor policy with us and paid premiums between 24 March - 13 May 2020 will get back approximately 42% of the policy’s base premium during that time. The base premium excludes all applicable taxes and levies. They are paying me back around $130 in premiums from the COVID lockdown when I couldn't use my cars. I did a double take at the name at first glance, wondering how come one of my real mails had gotten embedded into the hubstuff? Anyway, nice name. intern 1
intern Posted August 25, 2020 Posted August 25, 2020 I did a double take at the name at first glance, wondering how come one of my real mails had gotten embedded into the hubstuff? Anyway, nice name. Hahaha - I use it to pick up CHICKS bru.
Rocket-Boy Posted August 25, 2020 Posted August 25, 2020 Yup, no wonder Douw Steyn is so loaded. Even Hippo his "independent" insurance comparison tool, mostly compares his various brands of insurance.I had to pull out some details on my post because I actually like my job, but from my observations there arent many independent insurers in these countries.
davetapson Posted August 25, 2020 Posted August 25, 2020 (edited) . Edited August 25, 2020 by davetapson intern and Rocket-Boy 2
intern Posted August 25, 2020 Posted August 25, 2020 . I just liked that Dave because I am lekker. Rocket-Boy and davetapson 2
Wayne Potgieter Posted August 25, 2020 Author Posted August 25, 2020 I just liked that Dave because I am lekker.You should always "Like" a post with a point well made. intern, davetapson, Steven Knoetze (sk27) and 2 others 5
intern Posted August 25, 2020 Posted August 25, 2020 You should always "Like" a post with a point well made. See what I did there davetapson 1
davetapson Posted August 25, 2020 Posted August 25, 2020 Wiseasses..!!I put in a 'me-too' post reply to Rocketboy and then re-thought my career prospects. Rocket-Boy and intern 2
davetapson Posted August 25, 2020 Posted August 25, 2020 (edited) Ah, at last. I was feeling left out... $52. I need to buy a more expensive car. Or more toys. Or both. Hi David,Great newsBack in April, we announced that we had received fewer motor claims during the COVID-19 lockdown and would be providing a rebate to our motor customers. Now that we have a clearer picture of the impact on our claim costs, we’re pleased to be doing just that!Maybe they got some guy in a back room typing these emails out by hand and only got to the 'T's now... Edited August 25, 2020 by davetapson intern 1
patches Posted August 26, 2020 Posted August 26, 2020 I got to the bottom of my mysterious escalation in insurance premiums....so when I purchased the 2nd Husky I requested a quote for insurance from Insurer A (insurer of the 1st Husky). I never received a reply. I then went ahead and got other quotes and took up insurance with Insurer B. Insurer A took it upon themselves to add the new bike onto my policy, without even so much as an email to say they had done so, let alone the expected a policy update.The result, I have paid $300 more than I should have. I have reverted back instructing a cancellation of that 2nd policy with immediate effect, as well as a refund of the $300 which was never agreed to. The ball is in their court now, and I'm keeping the Ombudsman up my sleeve should they resist restitution.Damn skellums! RossW, Hairy, Rocket-Boy and 2 others 5
GrahamS2 Posted August 26, 2020 Posted August 26, 2020 I had to pull out some details on my post because I actually like my job, but from my observations there arent many independent insurers in these countries.There's quite a few. Here in Aus the big players in the motor space are Auto&General, Youi (outsurance), Allianz, RACQ, Suncorp, and lots of smaller guys who have their own licenses. In SA the big ones were A&G, Outsurance, Hollard and Bidvest. Lots of smaller guys with their own licenses though, but also lots of cell captives running off other licenses. Rocket-Boy 1
Hairy Posted August 26, 2020 Posted August 26, 2020 There's quite a few. Here in Aus the big players in the motor space are Auto&General, Youi (outsurance), Allianz, RACQ, Suncorp, and lots of smaller guys who have their own licenses. In SA the big ones were A&G, Outsurance, Hollard and Bidvest. Lots of smaller guys with their own licenses though, but also lots of cell captives running off other licenses.This past weekend I received an Outsurance Bonus Payback thingie for not crashing into walls or cars for a specified number of years
Rocket-Boy Posted August 26, 2020 Posted August 26, 2020 Wiseasses..!! I put in a 'me-too' post reply to Rocketboy and then re-thought my career prospects.There is so much more I would love to say but social media can be your undoing pretty quickly these days. davetapson and GrahamS2 2
intern Posted September 3, 2020 Posted September 3, 2020 Does anyone here do Sharesies? Or what other options are you using to gamble with your life savings?
davetapson Posted September 3, 2020 Posted September 3, 2020 Does anyone here do Sharesies? Or what other options are you using to gamble with your life savings?I currently use Smart Shares, but in an unsmart way, because I'm dof. Gets you cheap access to index funds, NZ and overseas. I wanted access to robotics and health funds, so got then via SS. I then did some reading, because always check after you've dropped the dosh, not before, because that would be dumb, and found they're just rebadging Vanguard or Blackrock funds - probably be cheaper to go direct. The thing that had me incensed was that they take your dosh on the 20th, sit on it till the 3rd, when they have a guy with a side rule do all the calcs and assign you your units. Someone needs to tell them about realtime transactions and calculators. Maybe even computers and spreadsheets and things. But hey, NZ. intern 1
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