SM
Sifiso M

1 reviews | Active since Mar 2023

15 Mar 2023, 10:02

Premium increase

I've been with them for almost 3 years, I've never claimed but the premium keeps on increasing and I really don't understand the reason behind that.... I'm considering shopping around for better offers.. Am I the only who experiences this?

0
Replies (1)
King Price Insurance
King Price Insurance's reply15 Mar 2023, 10:13
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 we have sent a copy of your message on to our Client Care division, who will be in touch shortly to discuss your policy.

Royal regards,

The king and his court