How To Reduce Your Car Insurance Costs: Guaranteed

Are you getting the best deal on your car insurance? The chances are that you are overpaying on your current deal. Let us help explain how to reduce your car insurance costs and why this should occur in the first place…

How To Reduce Your Car Insurance Costs

Have you owned your car for more than a year? If so, it has lost a substantial amount of value. So surely you shouldn’t be paying the same on your insurance? Likemoney suggests that you should negotiate with your insurance company and ask them to look into your policy to reduce your monthly payments. This is because as your car declines in value and isn’t worth the same amount as when you bought it, think about it, why would you pay the same insurance cost every month for a car that is now worth less?

Example: If you bought your car for R180,000 in 2015, by now your car is probably worth R140,000. Why should you be paying initial value amount if your car has decreased in value substantially?

Reduce Your Car Insurance Costs

There is a way out of this trap! King Price Car Insurance is one of the only car insurance companies in South Africa that decreases your monthly premiums every month!

As the value of your car goes down, so does the monthly premium. An obvious great deal, but it doesn’t make a lot of business sense does it? Well, The CEO of King Price, Gideon Galloway explained it like this, “If you treat your clients fair, you will keep them longer than your competitors and be able to decrease your premiums every month.”

Some insurers will sometimes help you bring down your monthly premiums as the years go by, but this will happen at the insurance company’s discretion and not because you asked.

That means they can refuse to lower your monthly premium when the industry isn’t performing particularly well. Maybe inflation is high, or your car depreciates at a much slower rate than usual, there are so many reasons for them to make these decisions.

Reduce Your Car Insurance CostsSo the business model for King Price car insurance is simple because the customers are always paying the lowest price for their car insurance, they won’t have any reason to take out cover with another insurance provider. So when you think about it, the only surprising thing about King Price is how they’re committed to treating their customers fairly.

The only question you should ask yourself right now, is your car insurance provider decreasing your monthly premiums fairly? Is it decreasing at all? Or are you on the hunt for a brand new car insurance provider every year like most people do just to pay less. Chances are, you’re probably paying too much with your provider right now. So skip all the troubles, get a free quote from an insurance provider that has your interests at heart and will treat you fairly.

 

Reduce your car insurance costs with King Price today!

Click here for a free quote.

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How To Reduce Your Car Insurance Costs: Guaranteed
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How To Reduce Your Car Insurance Costs: Guaranteed
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Are you getting the best deal on your car insurance? Chances are that you are over paying on your current deal. Let us help explain how to reduce your car insurance costs and why this should occur in the first place...
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Likemoney.co.za
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