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Simon V

1 reviews | Active since Mar 2015

17 Mar 2015, 14:19

Misleading Low Premium Marketing

Please don't be deceived by the advert that Kingprice Insurance for premium decreases every month. Their service sucks and they increased my premium by more than 50% without any advance communication and explanation. No claim or changes to my policy and they were giving different version of the increase.<br> <br> They arrogant and so as their so called supervisors, rather stick to insurances with track record and leave this new chancers. They will give you less premium but one month without you knowing they will increase the premium by not less than 50%

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Replies (1)
King Price Insurance
King Price Insurance's reply17 Mar 2015, 17:54
Official
Hello Dacten,

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.

But you know we do our best to save you as much money as possible. You have been contacted by management in our retentions department whom have explained your options as well as the fact that you have had 2 claims in the last year, hence not much room for premium movement. Our sincerest apologies.

Royal regards,

The king and his court