RL
Reuphus L
1 reviews | Active since Mar 2020
02 Feb 2022, 10:37
Battling a pandemic and premium increment.
2016 I joined KPI as a newly qualified motorist. Since the joining period I have not put forth a claim to KPI. To my surprise and disheartening situation KPI increased my monthly premium with over a R150 this year. I have been loyal and have never skipped a monthly premium. I am emotionally exhausted and disappointed to say the very least.
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King Price Insurance's replyOfficial
03 Feb 2022, 16:10Here'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.
King Price Insurance's reply03 Feb 2022, 16:10
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.