JA
John A
1 reviews | Active since Jun 2017
28 Apr 2023, 10:01
Shocking premium hike
Hi there, i received an email from Kingprice Insurance notifying me of a premium increase which happens every year, i was so shocked to find out that my premium will be going up by almost 30% wow what a helluva increase, that's so unacceptable. So dissatisfied 😒. This is gonna basically force me to look for another insurance company, is this really what Kingprice Insurance wants?
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Replies (3)0
Replies (3)
King Price Insurance's replyOfficial
28 Apr 2023, 11:04Here'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 team will be in contact to discuss.
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 team will be in contact to discuss.
King Price Insurance's reply28 Apr 2023, 11:04
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 team will be in contact to discuss.
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 team will be in contact to discuss.
JA
John A's updateReviewer Update
04 May 2023, 13:08I'ts a joke, 1st you tell me the reason for the huge increase is building materials, then yesterday a consultant tells me that the reason for the huge increase is due to a current vehicle insurance, also please tell me how much has my insurance decreased in the past year, disgusting i tell you, but you guys keep bragging about your so cold decrease every month.
JA
John A's update04 May 2023, 13:08
Reviewer Update
I'ts a joke, 1st you tell me the reason for the huge increase is building materials, then yesterday a consultant tells me that the reason for the huge increase is due to a current vehicle insurance, also please tell me how much has my insurance decreased in the past year, disgusting i tell you, but you guys keep bragging about your so cold decrease every month.
King Price Insurance's replyOfficial
04 May 2023, 14:38Our Retentions team will be in contact to discuss.
King Price Insurance's reply04 May 2023, 14:38
Official
Our Retentions team will be in contact to discuss.