KC
Khethiwe C
1 reviews | Active since Mar 2015
05 Aug 2023, 13:48
KING PRICE CHARGES YOU FOR 3RD PARTY CLAIMS
Through my years of car insurance covers, I've come to learn that the cheapest car insurance is NOT the best cover one can opt for. This company penalises you for third party claims that had nothing to do with your insurance.
So in actual fact your premium is based on ALL damages other people made on your car! Plus these incidents were never claimed from your direct insurance! The more third party incidents you have claimed for, the higher your premium!! So this means that my premium is based on covering the policy older and the rest of the world! Nonsensical much!
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King Price Insurance's replyOfficial
07 Aug 2023, 10:33Here'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 client care 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 client care team will be in contact to discuss.
King Price Insurance's reply07 Aug 2023, 10:33
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 client care 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 client care team will be in contact to discuss.