Have been doing insurance shopping lately and King Price Insurance gave me the most affordable quote. Its quoting me almost half what other insurers are charging with the same excess. I wd like to know people's experience with them, who their underwriters are etc
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Anyone with King Price ?
- Thread starter jacksonc
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ant_man
Expert Member
The MD and CEO is well respected in the Industry.
He comes from Hollard so he knows his business.
He comes from Hollard so he knows his business.
I considered them when getting new car insurance but in the end decided to go with a broker and a trusted company that doesn't sell my details to a ****load of other financial product peddlers.
I pay less per month now (R 695) for a new toyota 86 than i did for my 4 year old Megane GT and the 86 is valued at 100K more.
it does probably help that i'm 38, and the only thing i've ever claimed for was a cracked window shield (cross fingers)
I pay less per month now (R 695) for a new toyota 86 than i did for my 4 year old Megane GT and the 86 is valued at 100K more.
it does probably help that i'm 38, and the only thing i've ever claimed for was a cracked window shield (cross fingers)
ant_man
Expert Member
don't make assumptions? about a new insurance company? whose website look like a 2nd hand car dealership?
i think it's a bit unreasonable to ask not to make assumptions.
maybe they are extremely ethical, perhaps you know them personally, but at this point in time they'd have to try harder to gain my confidence.
ant_man
Expert Member
It is you prerogative to be sceptical about them, but trust me when I say they are ethical.
ant_man
Expert Member
can i be skeptical about you?
what do you know about them?
Even my wife is sceptical of me, so knock yourself out.
Gideon Galloway, has done bloody well for himself.
Besides King Price he has set up many successful businesses, majority of them are in the Design Field.
He is passionate about technology and branding.
Unlike the other insurance companies out there he actually cares about his clients.
OMB
Mountain Man
oldBastard
Expert Member
I called them yesterday for a quote.
Their minimum excess (R1500) is higher than my current excess.
Their glass excess is R750 - mine is R250.
Their premiums were cheaper by R190 or so rand - however, they require a tracking unit to be fitted - which comes with a three year contract. Uerm, NO THANKS.
So, I am sticking with my current insurer, for now.
Their minimum excess (R1500) is higher than my current excess.
Their glass excess is R750 - mine is R250.
Their premiums were cheaper by R190 or so rand - however, they require a tracking unit to be fitted - which comes with a three year contract. Uerm, NO THANKS.
So, I am sticking with my current insurer, for now.
mcryan
Expert Member
I've also been looking at them. They come in at a couple hundred rand less than anyone else I have gotten quotes for.
A bit hesitant at the moment though, would like to hear more people's feedback.
A bit hesitant at the moment though, would like to hear more people's feedback.
MrMocs
Senior Member
Just checked out the insurance quote online just now within a few minutes some bloke called me asking if I was interested in insurance.
Nobody is this passionate about a relatively unknown entity without being an employee or brainwashed in some way. So may I ask, what’s your connection to them?
Based on what fact/s do we just accept your word that they are extremely ethical?
Generalise much?
Sorry, but I find this extremely one-eyed. Based on what fact/s can you make a statement like that? How have other companies demonstrated that they do not care about their clients?That would be true.
Another concern is that they are not members of the South African Insurance Association. Is there a reason for this? If they are, I would have thought that this would have been displayed on their website. Also, nothing on the Insurance Associations site either.
Care to share who is your insurer? With or without broker?
Sure, sorry I forgot to mention their name.
I'm with MiWay. I have been with them for 4 years now. I have never had an issue when it comes to claims. Each year I call other insurance compaines to get new quotes - Miway always comes to the party and matches / beats the quotes and lowers my premiums.
Also, they pay money back to you, regardless if you claim or not. Lastly, they dont ask you to sign a 3 year contract for a tracker!