Hi there, i am currently insured with one of your competitors and have received an increase of 18% on my premium after a year – I think that this is a ridiculous amount, therefore i am looking to change insurance companies however would need to know what premium increase to expect before signing a contract?
It is difficult to predict what a premium increase may be as it depends on various factors and timing. We are committed to keeping premiums and premium increases as low as possible, so if you remain a good risk client (pay all of your premiums and have an acceptable claims profile) your premium increase should not be more than inflationary.
Car Insurance Additional Information
MiWay offers flexible car insurance to cover losses primarily due to an accident or theft.
In addition to accident or theft, comprehensive car insurance in South Africa covers losses due to fire and explosion, natural disasters like hail and floods and damage to the vehicle’s glass.
Additional options such as car hire and cover for non-standard sound systems and car accessories can also be added to your car insurance policy.
Car Insurance is sometimes referred to as Vehicle Insurance or Motor Insurance.
