Top five reasons why your insurance claim may not be settled (and what you can do to ensure that it is settled)
According to the PWC 2015 Insurance Industry Analysis, more South Africans than ever before now have some sort of short-term insurance policy in place. The number of insurance claims people are making has increased. However, we have also seen an increase in the number of claim repudiations.
The reasons for the increase in claims submitted but not settled by insurers can be difficult to determine, or to put down to a single factor. In our experience it can be due to some of the following issues:
How to calculate your car’s value
Work out the retail value of your car in 3 easy steps to make sure it’s not over or under-insured.