Mutual & Federal
Increased car's security = increased premiums!!!

Business & Finance

I recently had smash and grab installed to my car. I then email my insurer to update the car's details. To my surprise, Calvin sends me an email indicating that my monthly premium has increased!! When I queried, the guy tells me it's minor increase. First of all he has no right to tell me that the increase is minor unless he knows something about my finances. Second how much increase is besides the point, the point is; Why would I increase my car's security features to have my insurance premiums increased?


Company: Mutual & Federal
Country: South Africa
City: JHB
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