1 reviews | Active since Sept 2013
king Price- false advertising
<p>I received an email from king price notifying me about the price increase which was a shock to me as they say they are the only insurance company that does not increase. when I called them they told me about the economic situation South Africa is experiencing this year which is still a lie as even last year they did the same thing. king price is practising false advertising. king price insurance decreases every month with R3 and take back all those R3 and more at the end of the year to increase the premium</p> <p> </p>
Here's the thing, like all insurers, we too need to implement policy re rates to keep up the rising costs of 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. There is no false advertising whatsoever as the vehicle insurance premium does go down every month based on the depreciation of your vehicle value we do however apply an annual increase like all insurers.
Our retentions department has been in contact with you to discuss your increase. Should you require any further assistance please do not hesitate to contact our retentions department.
Royal regards
The kings court
Here's the thing, like all insurers, we too need to implement policy re rates to keep up the rising costs of 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. There is no false advertising whatsoever as the vehicle insurance premium does go down every month based on the depreciation of your vehicle value we do however apply an annual increase like all insurers.
Our retentions department has been in contact with you to discuss your increase. Should you require any further assistance please do not hesitate to contact our retentions department.
Royal regards
The kings court