AfricaComplaints.com » Business & Finance » Complaint / review: Mutual & Federal - M & F = More money & Fail our clients!!! | #191885

Mutual & Federal
M & F = More money & Fail our clients!!!

I have been a loyal M&F client for the last 7 years. My broker is used by my family and extended family not only for insurance but also for some major investments. Long and short - NO MORE!!! I sold my toyota fortuner 2008 model valued at 220000 to increase cashflow as my wife has lost her job. My premuim was s R490.00 fully comprehensive. Because I am a professional provincial angler, I need a vechile that can operate on the sand. I then bought a beach buggy, valued at 50k. I asked for insurance and my broker could only get me a best price of R480. The same amount as my fortuner? After looooong p[leads my insurance shrugged their shoulders, even if I could produce a quote from outsurance for EXACTLY the same terms and condition ar 180pm. Reluctantly i staiyed as this is my family broker. I then bought a chev corsa bakkie 2011, valued at 120000 wher my insurance quoted my R780 pm. More than double the price for half the value of fortuner. I cant understand this. I am sooooo frustrated, angry with M & F. I sold my car to be able to survive and you burn me on insurance. i am now burning you! Taking my goods off, and finding better insurance / invesfor for my entire family!!!

Date:

Company: Mutual & Federal

Country: South Africa   City: Vanderbijlpark

Category: Business & Finance

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