MA
Melvin A
1 reviews | Active since Dec 2018
02 Jun 2021, 08:42
False Advertising
King Price is advertising that they will reduce your monthly payments,which they did but not even with much. Now that I have been like a year with them they want to increase my monthly payments with more than a hundred rand.Is this not false advertising?
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King Price Insurance's replyOfficial
02 Jun 2021, 20:07Here'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 reply02 Jun 2021, 20:07
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.