NG
Neilo G

1 reviews | Active since Mar 2024

01 Dec 2020, 20:59

King price The Worst??

By far the worst thus far, depending on the outcome of the Momentum insurance findings?

This was just a total rip-off to the most clinical degree. After many months of paying insurance of over R1000 per month,when we eventually had an unfortunate hijacking incident,our extremely friendly insurance company evolved overnight into a "Mr Jekyll and Mr Hyde"story?What a drastic turnaround?/ Was just unbelievable. After contacting them,they said we are not covered?Unbelievable? The camera and car was taken by hi-jackers .They didn't have time to make off with the car as car was still in driveway and occupants were held at gunpoint. They only managed to escape with expensive camera and car-,house-keys and remote controls as the security company was quickly on the scene. Of course police usually comes late ,as can be expected as a norm these days in SA. Can you imagine, after paying thousands of Rands monthly,King Price simply said,if camera was out of front door ,even though still on premises,they won't pay and they didn't??? They said the access for replacing car and house keys and remotes would carry an excess of R4000? We replaced everything ourselves under R4000? So,in actual fact after paying years of installments/premiums, they did not even pay out ONE cent,and that's why I immediately cancelled.Now you tell me? What is the use of having insurance to cover for unforeseen circumstances,yet you still end up paying for all damages yourself? So ,clearly insurance was only there to collect the premiums but as soon as a claim arises,they operate on a "scorched earth policy"to find loopholes so as not to pay? so, to the innocent people out there,be careful!! many ************ companies lurk out there. Please ,please look at all reviews on Hello Peter so you can make an informed decision? I am actually gonna make it a 10 (ten ) year plan to look out for ************ companies and inform the public in general. We are tired of getting ********** by ************ companies!! So,all those companies? BEWARE!! We have HelloPeter on our side!!

Reg ards

Yours faithfully Neil Pyoos

0
Replies (1)
King Price Insurance
King Price Insurance's reply02 Dec 2020, 12:39
Official
Hi Neil

Should you wish to dispute the outcome of your claim you are welcome to do so by emailing a detailed dispute to *** 

With regards to excess unfortunately the outcome would be the same with most insurers as the excess is the amount payable by the insured in the event of a valid claim.