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King Price Insurance

Corporate Essentials

About King Price Insurance

Your car’s value depreciates from day 1. So, why pay insurance premiums that only ever increase? We’re the only insurer that decreases your premium monthly as the value of your car depreciates.

When King Price brought our decreasing premium model to the market in 2012, not many thought we’d last the year. But, here we are, not just surviving but thriving. And, we’ve evolved from being king of price, to being king of insurance. It’s a crown we wear with pride.

We’ve watched our brand find its way into hearts, homes, businesses and communities throughout South Africa and Namibia. With this, our offering has expanded from the world-first decreasing car insurance that we launched with, to include cover for buildings, home contents and portable possessions, as well as businesses, engineering works, communities, and cyber risks, which we insure exclusively through brokers.

In short, you own it, we’ll cover it. Comprehensively, cleverly and cost-effectively… And, we deliver award-winning royal service.

Products we offer:

Personal insurance
We’ll cover your car and, if you insure 2+ cars with us, we’ll discount the car part of your premium by up to 20%… Which still decreases monthly. With this comes optional scratch and dent insurance, shortfall cover, and cover for your trailer and caravan.

We’ll also cover your home and everything in it, and your portable possessions. And, we’ll insure some of your favourite stuff for just R1. (It sounds crazy, but that’s us.)

Business insurance
Our specialised business insurance division has got your back, your business, your bakkie and everything else that keeps you in business. King Price cybersure covers your business’ computer systems, software and data, and offers protection from liability related to cyber attacks on these assets.

Engineering insurance
Engineering businesses need professional, specialised cover for the niche risks and potential liability that their contracts, plant and works encounter. So, we cover 8 specific sections of engineering risks.

Community insurance
Our community insurance division is a tech-driven 1-stop insurance and maintenance solution for sectional title developments. We’re your reliable risk management partner.

King Price Insurance Company Limited is an authorised financial services provider | FSP no. 43862.