MH
Michael H
1 reviews | Active since Jun 2021
16 Nov 2023, 11:31
False advertising
Not happy with King Price at all. On their ad they state that their premiums increase monthly. That particular decrease is by about 5 or 6 cents. Now their want to increase my premium by R700. This is totally unacceptable, 40 % increase because I had a minor claim. I never had such with my previous insurance.
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King Price Insurance's replyOfficial
16 Nov 2023, 11:43Hi Michael,
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 Retentions team will be in contact to discuss.
Royal regards,
The Kings Court
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 Retentions team will be in contact to discuss.
Royal regards,
The Kings Court
King Price Insurance's reply16 Nov 2023, 11:43
Official
Hi Michael,
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 Retentions team will be in contact to discuss.
Royal regards,
The Kings Court
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 Retentions team will be in contact to discuss.
Royal regards,
The Kings Court