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Ernest S

1 reviews | Active since Oct 2021

03 Sept 2022, 18:03

Increasing premium value

King price sent me an email stating they increasing my premium from R2220 to R2900 without even calling my that time the value of the car is depreciating my car is almost 3 years now

0
Replies (1)
King Price Insurance
King Price Insurance's reply05 Sept 2022, 10:50
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.

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