Miway - Car and Home Insurance
One of the newest entrants into the direct insurance market is MiWay. Rene Otto, founder of OUTsurance, began the short-term insurance company in 2008 and has, as its chief executive officer, seen it grow into one of the most popular direct insurers in South Africa.
With shareholders like Sanlam, Santam and PSG Konsult - three blue-chip JSE listed companies - MiWay was set to not only carve out a portion of the market for itself, but revise the way insurers do business. Their simplified policy documents, with no fine print and flat-rate excess has helped many a customer with the sometimes overwhelming task of taking out insurance.
MyWay have also changed the way customers earn rewards. Unlike any other insurer, Miway pay out to their clients whether they claim or not. Their rewards programme gives back to clients who turn out to be a better-than-assumed risk. The MiRewards rewards clients for staying longer than the average client, paying their premiums regularly, taking out multiple products and having an acceptable level of claims.
Offering both home and car insurance, MiWay’s flexible coverage protects motorists and homeowners from the usual suspects: accidents, theft, loss due to fire and explosion, natural disasters such as hail and floods. Similarly, their car cover includes car hire and cover for non-standard systems and car accessories should you so choose.
The MiHome Stuff covers all your personal possessions inside your home such as televisions and furniture while the MiMovables for All Risk cover on those things that frequently go with you outside the home such as cameras and laptops. The MiPlace is MiWays building insurance equivalent. With their Mimovables product you choose between Unspecified MiMovables (valued at less than R15,000) and Specified MiMovables (valued over R15,000).
Mi Way’s practical use of the internet, makes interacting with them easy and convenient. Visit their website for more information or an obligation-free quote.
To get a quote from Miway, simply fill out our quote form and our broker partner will get back to you with a quote from Miway as well as other comparative insurance quotes ->