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Prince M

1 reviews | Active since Jan 2012

25 Jan 2024, 06:44

Crazy Insuarance Premiums increase

Madness, King Price is increasing by car insuarance by more than 50% which is crazy, they are increased my premiums by a whole R848.00, from R1490 to R2338 which is Madness, I will be cancelling my policy with you guys thank you

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Replies (1)
King Price Insurance
King Price Insurance's reply25 Jan 2024, 08:34
Official
Hi Prince,

Here's the thing, like all insurers, we too need to implement policy rerates to keep up the rising costs or parts and repairs... 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.

Royal regards,
The king and his court