Crashed Ferrari owner to be paid R1.8m by insurance company, judge orders

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The firm rejected the claim based on a view the owner had been driving in excess of 135km/h

The owner of a red Ferrari “catastrophically damaged beyond repair” in an accident on Gauteng’s William Nicol Drive three years ago has won against his insurance company, with a court ordering that

it pay him R1.8m...You’ve always trusted us to help you navigate the world. Support the Sunday Times by becoming a premium member for only R80 and keep the conversation going. You can cancel anytime.

 

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Life insurances payout even when a person dies of suicide. Car insurances must pay out even when the driver was over speeding.

I suspect the claimant had not read all the Ts&Cs , they are usually in small uninteresting fond on the contract. So he must involve the lawyers at this stage.

Car bought with stolen tax payers money. The so called owner does not deserve a single cent.

_MuzieB Bingooooooo

Discovery is that you?

It’s quite hectic out here…I had my fair share of ill treatment by iwyze. Not only did they reject my claim but they stripped my vehicle into pieces before they sent me the rejection letter… Piece of advise.. stay away from iwyze if you want piece of mind

There's no scam bigger than insurance. Sales pitch always based on inflated risk profiling. Claims settlement history shows conservative risk events actually suffered by clients. Then they brag about huge profits. Actuarial scum.

Good these insurance companies must be made to pay.....they very nicely collect the premiums and when it's time to pay the want to come and duck and Dive

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Crashed Ferrari owner to be paid R1.8m by insurance company, judge ordersThe firm rejected the claim based on a view the owner had been driving in excess of 135km/h Wow someone's claim was rejected because they took out the sim card out of their cellphone Vodacom and used another network's sim card Insurance: They really like taking those monthly premiums out your bank account but when it's time for you to claim they suddenly start accusing you and making you the problem.
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