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What is the best car insurance company in south africa  

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Jaden_Hurd
(@jaden_hurd)
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Joined: 8 months ago
Posts: 1
24/04/2019 4:58 pm  

I have been struggling to actually find good and affordable insurance companies without wasting too much of my time, please help!


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Gavin_89
(@gavin_89)
New Member
Joined: 8 months ago
Posts: 4
24/04/2019 5:07 pm  

Hi, 

I've actually had a really great experience with Santam, I have been them for a couple of years now and they always give me great service and the best thing about them is that they actually pay out claims!! Have had claims rejected before I was with Santam by Outsurance so my advice is not to use them. 

I have also heard that Auto & General is rather good from some close friends, that they are reliable. I read an article on this website a little while ago about choosing your insurance company and who has been rated the best:

  1. Absa Insurance – 778 complaints, 21.7% overturn rate
  2. MiWay Insurance – 608 complaints, 8.6% overturn rate
  3. Old Mutual Insure – 608 complaints, 26.0% overturn rate
  4. Hollard Insurance – 601 complaints, 29.5% overturn rate
  5. Santam – 579 complaints, 21.6% overturn rate
  6. Standard Insurance – 499 complaints, 13.2% overturn rate
  7. Guardrisk Insurance – 480 complaints, 44.6% overturn rate
  8. OUTsurance – 366 complaints, 4.9% overturn rate
  9. King Price- 312 complaints, 9.81% overturn rate
  10. Santam Structured Insurance - 282 complaints, 15.61% overturn rate

 Maybe go have a look:    http://moneypanda.co.za/news/best-worst-insurance-companies-exposed/

Also found this article while searching:   http://moneypanda.co.za/news/rated-south-africas-3-best-insurance-companies/

Hope this helps...


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This_is_Jess
(@this_is_jess)
Active Member
Joined: 8 months ago
Posts: 11
24/04/2019 7:23 pm  

I'm with MiWay and they have been really great, only claimed once in the last 2 years but they paid out with my complaints or hassle. Seeing the Outsurance ads EVERYWHERE, so sick of them, tried to get a quote from them but after an hour I gave up and couldn't take it anymore so I hung up. Don't trust Outsurance at all!!


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Shereen-lobsher
(@shereen-lobsher)
Active Member
Joined: 7 months ago
Posts: 9
08/05/2019 2:08 pm  

Outsurance is a scam I'm telling you now, they give you money for not claiming... if you are incentivized not to claim whats the point of having insurance in the first place. Look at the reviews of the insurance companies  https://moneypanda.co.za/review/review


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Imka Chinka
(@imka-chinka)
Active Member
Joined: 7 months ago
Posts: 7
13/05/2019 2:56 pm  

I am with King Price, went with them because their price was gud, how are they?


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StevenDlamini
(@stevendlamini)
Active Member
Joined: 7 months ago
Posts: 12
15/05/2019 4:23 pm  

I'm with Santam and they have been amazing! They have never disappointed me, Santam's price also isnt as expensive as everyone thinks, they quoted me with a competitive rate to the other insurance providers and atleast I know I can trust them and the pay out my claims!


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Storm
(@storm)
Active Member
Joined: 7 months ago
Posts: 6
17/05/2019 2:56 pm  

I signed up with 1st For Women recently but haven't claimed or anything yet, does anyone have advice about them?


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JackofAllTrades
(@jackofalltrades)
Active Member
Joined: 7 months ago
Posts: 8
20/05/2019 6:50 pm  

I agree Santam gives the best service and product


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This_is_Jess
(@this_is_jess)
Active Member
Joined: 8 months ago
Posts: 11

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StevenDlamini
(@stevendlamini)
Active Member
Joined: 7 months ago
Posts: 12
12/07/2019 12:24 pm  

Just saw they have an updated report for 2019, heres the link guys:  https://moneypanda.co.za/news/lets-talk-car-insurance-updated-list-of-the-best-worst-insurance-companies-in-sa/

I know businesstech also reported on it but I got all the details I needed from the article above

Insurance Company

 

Number of complaints per 1000 complaints

 

Ruling in favour of unhappy clients by the Ombudsman

 

1.     Absa Insurance

 

5,9

 

18%

 

2.     King Price

 

5,3

 

17%

 

3.     Oakhurst

 

5,7

 

15%

 

4.     Standard

 

4,8

 

14%

 

5.     MiWay

 

4,8

 

11%

 

6.     NedGroup

 

4,5

 

23%

 

7.     Budget Insurance

 

4,0

 

11%

 

8.     Old Mutual

 

3,7

 

19%

 

9.     Dial Direct

 

3,3

 

9%

 

10.  First for Women

 

2,8

 

15%

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