LP
Liezel P
1 reviews | Active since Apr 2009
15 Feb 2016, 13:53
Insurance that decreases monthly? Yeah SURE
So the whole sales gimmick of King Price Insurance is that their premiums decreases monthly as your value of your car decreases right? Makes sense? Well after a year with them where my premiums only decreased a Rand or two here and there my monthly premium is suddenly R48.55 more per month! What? Did my car increase in value all of a sudden? Um...I think not. Now my premiums is more than at 2 other motor vehicle insurers. Even more than what I started off with before my \premiums decreased monthly\". Don't believe everything that is advertised"
Helpful (0)
Replies (1)0
Replies (1)
King Price Insurance's replyOfficial
16 Feb 2016, 10:39Hello liela,
Here's the thing, like all insurers, we too need to implement policy rerates to keep up the rising costs or parts and repairs... 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.
You have been in contact with Debbie in our retentions department whom has discussed your concerns with you and the way forward. Should you require any further assistance please do not hesitate to contact.
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 or parts and repairs... 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.
You have been in contact with Debbie in our retentions department whom has discussed your concerns with you and the way forward. Should you require any further assistance please do not hesitate to contact.
Royal regards
The kings court
King Price Insurance's reply16 Feb 2016, 10:39
Official
Hello liela,
Here's the thing, like all insurers, we too need to implement policy rerates to keep up the rising costs or parts and repairs... 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.
You have been in contact with Debbie in our retentions department whom has discussed your concerns with you and the way forward. Should you require any further assistance please do not hesitate to contact.
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 or parts and repairs... 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.
You have been in contact with Debbie in our retentions department whom has discussed your concerns with you and the way forward. Should you require any further assistance please do not hesitate to contact.
Royal regards
The kings court