BM
Barney M

1 reviews | Active since Jun 2019

16 Apr 2020, 12:27

Absurd incrrase by King Price

They decided to increase my premium by 35%. After a cool one year with them. I mean 35%. They pride themself with decreasing their premiums.

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Replies (1)
King Price Insurance
King Price Insurance's reply16 Apr 2020, 13:05
Official
 
Here's the thing, like all insurers, we too need to implement policy rerates to keep up the rising costs of parts, labour rates, repairs, inflation etc... Which even we can't ignore!  
 
These costs aren't linked to the value of your car, which as you know, depreciates monthly.  And unlike other insurers, King Price takes this into account and DECREASES your comprehensive car insurance premium every month.  
 
But you know we do our best to save you as much money as possible.... So I have sent a copy of your message on to our Client Care division, who will be in touch shortly to discuss your policy.