FM
Fryman M

1 reviews | Active since Jun 2018

16 Jun 2018, 14:41

Terrible Service from King Price Insurance

King Price Ref No: CKP ********** /1

I reported my accident claim with King Price and made follow up with them on the 14 April 2018. I was referred to their local panel beater to get the vehicle assessed. The vehicle was assessed and later I was told that they are declaring my vehicle to be a write off while the damage was small and repairable. I was given option to get it written off and then receive a bigger payout amount or option to retaining the car and fix it at a payout rate of R18652. On the 5 May 2018 I signed the Agreement an Disclaimer in Respect of cash in leau of settlement. I was expecting fund to be released within few days of emailing the signed agreement to King price and that did not happen. On the 5 June 2018 I received another Agreement and Disclaimer form from King Price for me to sign. I asked if was it necessary to sign it again as I've already signed it in May 2018 and was told my Sebastian Makitla (Claims consultant) that I needed to sign it as there were some errors with the figures on the previous one that I signed. I then completed and sent back the new Agreement and Disclaimer. On the 11 June 2018, I got email from Sebastian Makitla at King Price telling me that the vehicle registration certificate was still reflecting Nedbank. He requested that I send him a letter of settlement from Nedbank. I sent it to them. While expecting funds to be paid to my bank account, I got calls from other King Price consultants trying to convince me to take my car again to panel beaters for quotations so that they can fix my car after I was told that it is a write off and having chosen the option of keeping it and getting payout rate of R18652. I rejected all their proposals and told them that I want the money that I signed for paid into my bank account.

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Replies (1)
King Price Insurance
King Price Insurance's reply19 Jun 2018, 17:12
Official

Hi Fryman

Our sincerest apologies for the negative experience, Sebastian has been in contact to discuss the payment. Should you require any further info please do not hesitate to contact.

Royal regards

The kings court