LL
Leigh-Ann Lottering
1 reviews | Active since Apr 2014
02 Jun 2015, 08:06
Penalized for lodging a claim
When the annual insurance renewal document came, to my utter surprise I realized that my monthly premium would be going up by R400. When contacting King Price, I was informed that there is nothing they can do about this ridiculous increase and the main reason it was going up was due to me lodging a claim.<br> <br> Having insurance in the first place, is paying for a service and having coverage. If we are being penalized for utilizing a service we are paying for, then what is the purpose?<br> <br> It is my understanding that they want you to continuously pay for something and Never utilize it.
Helpful (0)
Replies (1)0
Replies (1)
King Price Insurance's replyOfficial
02 Jun 2015, 12:24Hello Lynx13,
Thank you for getting in touch with us. Please understand that there are a lot of factors that go into a premium increase. These include factors such as changes to your risk profile and claims history to just name a few.
That said, we always want to make sure you are getting the best possible deal, so I have sent a copy of your message on to management of our retentions department who will be in touch shortly to discuss your policy.
Royal regards,
The king's court
Thank you for getting in touch with us. Please understand that there are a lot of factors that go into a premium increase. These include factors such as changes to your risk profile and claims history to just name a few.
That said, we always want to make sure you are getting the best possible deal, so I have sent a copy of your message on to management of our retentions department who will be in touch shortly to discuss your policy.
Royal regards,
The king's court
King Price Insurance's reply02 Jun 2015, 12:24
Official
Hello Lynx13,
Thank you for getting in touch with us. Please understand that there are a lot of factors that go into a premium increase. These include factors such as changes to your risk profile and claims history to just name a few.
That said, we always want to make sure you are getting the best possible deal, so I have sent a copy of your message on to management of our retentions department who will be in touch shortly to discuss your policy.
Royal regards,
The king's court
Thank you for getting in touch with us. Please understand that there are a lot of factors that go into a premium increase. These include factors such as changes to your risk profile and claims history to just name a few.
That said, we always want to make sure you are getting the best possible deal, so I have sent a copy of your message on to management of our retentions department who will be in touch shortly to discuss your policy.
Royal regards,
The king's court