MM
Motho M

1 reviews | Active since Mar 2009

04 Jan 2023, 08:14

Unreasonable annual increase

I have been with King Price since 2018. Everything I own is insured with them but recently I feel like they are not appreciative of my business. I mean how can you increase my premiums by over R900 in an economy like this. You are actually making me poor and your enjoying it. Perhaps is about time to walk away

0
Replies (1)
King Price Insurance
King Price Insurance's reply04 Jan 2023, 08:38
Official
Here's the thing, like all insurers, we too need to implement policy rerates to keep up the rising costs or parts and repairs... 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, I have sent a copy of your message on to our Retentions division, who will be in touch shortly to discuss your policy.