AfricaComplaints.com » Business & Finance » Complaint / review: Regent Insurance Company - A 213% increase in premuim! | #256223

Regent Insurance Company
A 213% increase in premuim!

After being a loyal customer with Regent for 3 straight years, with zero claims, this company thought it good to give a 213% increase in my premium! Previous increases to the premium were to the order of 8% per year... I suspect this company is going bankrupt as there can be no reason for this immense increase.

Ironically, with this new premium increase I can repurchase my car every 48 months, with just the insurance cost!

People beware!... this caught me unawares, as a letter was sent by snail mail, where all previous correspondence were by e-mail

Date:

Company: Regent Insurance Company

Country: South Africa   City: Edenvale

Category: Business & Finance

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