JS
JAAVED S
1 reviews | Active since Jun 2012
20 Apr 2021, 12:21
Premium Dispute, Breach of Contract.
I have been a Loyal customer to King Price for the past 3yrs ,which was a good experience up until october 2020 my Premium from R570 has now Jumped to R780 in a matter of 7 Months, when I spoke to a Consultant at King Price she tells me the Price adjustment is correct due to yearly escalation.I am Not a Happy chappy, if this continues I wish to can my Premium and move over to Miway which is offering the Same premium and access.
Please get Higher management to help or you will loose a Loyal Customer Jaaved ***
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King Price Insurance's replyOfficial
20 Apr 2021, 20:32Here'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.
But you know we do our best to save you as much money as possible.... So our retentions department will be in contact to discuss your concerns and the way forward.
King Price Insurance's reply20 Apr 2021, 20:32
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.
But you know we do our best to save you as much money as possible.... So our retentions department will be in contact to discuss your concerns and the way forward.