SM
Stefano M
1 reviews | Active since Mar 2009
20 May 2021, 07:42
Premiums don't decrease they increase.
This policy of theirs that your premiums decrease is simply not true. I am paying R 4500.00 per month for my policy. I have had my policy for about 2 years. Never claimed. In the first three months they gave me R 18.00 decrease after which the policy has just increased. Month one congratulations your policy decreased by R 6.00. Month 2 and three the same. Now sorry but we have to increase your policy letters.
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King Price Insurance's replyOfficial
24 May 2021, 10:53Here'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.
Our Retentions will be in contact to discuss.
Our Retentions will be in contact to discuss.
Best regards,
King Price Insurance's reply24 May 2021, 10:53
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.
Our Retentions will be in contact to discuss.
Our Retentions will be in contact to discuss.
Best regards,