Results 1 to 10 of 13

Thread: NO INSURANCE COVER FOR GOLF'S

Hybrid View

Previous Post Previous Post   Next Post Next Post
  1. #1
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    22,789
    Thanks
    3,331
    Thanked 2,694 Times in 2,271 Posts
    Blog Entries
    12
    Is there any particular reason why Citi Golfs are being targeted?

    Are they particularly vulnerable to theft, or is it simply an issue of popularity?

    I'm still blown away by this. VW can't be amused. It'll be the death of that line if they don't solve it, surely. You won't be able to get finance on the vehicle

  2. #2
    just me duncan drennan's Avatar
    Join Date
    Jun 2006
    Location
    Cape Town
    Posts
    2,642
    Thanks
    119
    Thanked 94 Times in 77 Posts
    Quote Originally Posted by Dave A View Post
    Is there any particular reason why Citi Golfs are being targeted?
    Did a quick search. Seems to only be Citi Golfs manufactured from 2004-2006. Here is the article,

    Johannesburg - Hollard Insurance Company has stopped insuring some Volkswagen (VW) Citi Golf (Golf 1) models because of their high rate of theft.

    The company, which insures 6 million vehicles, confirmed on Friday that it would no longer take new policies for Citi Golfs manufactured between 2004 and 2006. It said about 2 000 policyholders were affected.

    Zuriel Naicker, Hollard's spokesperson, said the company was phasing out these models because the premiums would be unfair for other customers if the company insured their increasing theft risk. "We continue to cover other VW Golf models," said Naicker.

    Full article on Business Report
    [SIGPIC]Engineer Simplicity[/SIGPIC]
    Turn ideas into products | The Art of Engineering blog

Similar Threads

  1. Insurance: Evil necessity or rip off?
    By Sieg in forum General Business Forum
    Replies: 11
    Last Post: 09-Jul-15, 02:08 PM
  2. Professional indemnity insurance
    By duncan drennan in forum General Business Forum
    Replies: 7
    Last Post: 11-Jun-12, 10:24 AM
  3. Insurance. How much do we need?
    By Dave A in forum General Business Forum
    Replies: 2
    Last Post: 19-Oct-06, 08:02 AM

Tags for this Thread

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •