MF
Mandla F
1 reviews | Active since Sept 2013
16 Jan 2024, 14:31
Extremely high premiums: Despite having multiple properties covered by a King Price
Despite having multiple vehicles covered by King Price and having being with them (King Price) for years their premiums remains extremely high when compared to other companies to a point where one is considering moving due to affordability constrains. Can someone from King Price please contact me. Looking forward to your prompt help, Thanks
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King Price Insurance's replyOfficial
16 Jan 2024, 14:55Here'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. Our team will be in contact to discuss.
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. Our team will be in contact to discuss.
King Price Insurance's reply16 Jan 2024, 14:55
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. Our team will be in contact to discuss.
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. Our team will be in contact to discuss.