Tag: reasons for car insurance not paying out

“My Insurance Claim Was Rejected!”, This is How to Overturn it!

  Are you one of the many thousands of South Africans who put their hard-earned cash into the hands of insurance companies? Many of us want to believe that regardless of what happens to our assets, if we pay our monthly premium, our insurers will recoup our losses, but is that really the case? The Ombudsman for Short Term Insurance, otherwise known as OSTI, released their 2018 report stating that last year saw a rather […]

The Top 9 Reasons Car Insurance Claims Get Rejected

 Most of us don’t know that if our tyres are too worn or we missed a premium payment for longer than 15 days and we are in an accident, our car insurance provider doesn’t have to pay our claims and they most likely won’t. According to the annual ombudsman’s report, the Ombud resolved 9,474 complaints out of 9,779 formal complaints lodged in the review period, recovering a total of R87.2 million for consumers! Even if you […]