sL
sanjeev L
1 reviews | Active since Nov 2012
06 Feb 2020, 20:35
Dishonesty with premium discount
King Price claim to reduce your premiums monthly by a few Rands but decide to increase it by over R200 at the end of the year. No use whatsoever. I will be canceling my ensurance. Total dishonesty
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Replies (1)King Price Insurance's replyOfficial
07 Feb 2020, 11:04Here'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 reply07 Feb 2020, 11:04
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.
