King Price Insurance
Premiums that decrease every month as your car ages
King Price pioneered decreasing premiums in South Africa. As your car depreciates in value each month, so does your premium.
This fair value principle means you never pay more than your car is worth. Plus, you can insure your mags, sound system, and other extras for just R1 per month when bundled with your policy.
At a Glance
Monthly
Premium Decrease
R1
Extras Cover
Flexible
Excess Options
Fair
Value Pricing
Key Benefits
Decreasing Premiums
Your premium decreases every month as your car loses value. No need to negotiate - it happens automatically.
R1 Extras Insurance
Insure your mags, sound system, and other car accessories for just R1 per month when bundled with your policy.
Choose Your Excess
Select the excess amount that suits your budget. Higher excess = lower premium, or vice versa.
Transparent Pricing
Simple, honest pricing based on your car's current value. What you see is what you pay.
How Decreasing Premiums Work
Your car loses value every month - why should your premium stay the same?
R800
Month 1
↓
Decreases Monthly
R750
Month 12
*Example only. Actual decrease depends on vehicle type and age.
Cover Options
| Cover Type | What It Covers | Best For |
|---|---|---|
| Comprehensive | Theft, hijacking, accidents, third-party, fire | Most drivers |
| Third Party Fire & Theft | Theft, hijacking, fire, third-party liability | Older vehicles |
| Third Party Only | Damage you cause to others' property | Budget option |
Additional Products
Scratch & Dent Cover
Cover minor cosmetic damage without affecting your main policy.
Extended Warranty
Mechanical and electrical warranty for your vehicle.
Roadside Assist
24/7 breakdown assistance anywhere in South Africa.
R1 Extras Cover
Mags, sound system, and accessories for just R1/month.
Pros & Cons
Advantages
- Unique decreasing premium model
- R1 insurance for extras is excellent value
- Flexible excess options
- Simple, transparent pricing
- Good range of additional products
Disadvantages
- No wellness or rewards program
- Monthly decrease may be small
- Starting premium not always cheapest
- Smaller brand than established insurers
How to Get King Price Insurance
Get a Quote Online
Choose Your Cover
Add R1 Extras
Start Saving
Disclaimer: Information shown is for guidance only. Premiums depend on individual risk profiles. Contact King Price directly for accurate quotes. King Price Insurance Company Ltd is a licensed insurer and authorised FSP.