King Price Insurance is fairly new to South Africa, established only five years ago. They are unique in that they offer decreasing premiums, unsurpassed insurance deals, and royal service. King Price Insurance is the first in South Africa to offer this groundbreaking insurance cover.
While most insurance companies do not take into account the fact that your car depreciates, King Price Insurance does just that. That is why the insurance premiums are reduced on a monthly basis to reflect the depreciation in value of your car.
King Price Insurance also disagree with the “no claim bonus,” stating that insurance companies inflate the premiums initially to decrease them if you qualify for not filing claims within a certain time frame. Unlike others, they claim to offer the low premiums from the beginning.
King Price Insurance offers three different car insurance packages. They are:
Comprehensive cover: Also known as the ‘full package,' comprehensive car insurance covers you for accident damage, theft or hi-jacking, as well as for the small accidents that you accidentally caused to other parties and their property as a result of an accident.
Third-party, fire and theft cover: This covers you for theft and hi-jacking as well as for liability for injury to other people and damage to their property as a result of an accident. This type of cover does not provide for accidental damage to your own car.
Third party only cover: With third party insurance, you are covered for liability for injury to other people or damage to their property as a result of an accident.
King Price Insurance also offers optional insurance cover such as car sound equipment and car hire.
King Price Insurance contact details: