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Provider comparison · Updated May 2026

King Price vs Naked Insurance

How King Price and Naked Insurance compare on price, claims, products and rewards across the South African market.

Naked Insurance edges King Price on customer rating.

FeatureKing PriceNaked Insurance
Customer rating★ 4.5★ 4.6
Average premiumR590/pmR570/pm
Claims turnaround36h24h
Pricing tierBudgetMid-range
Flagship productDecreasing PremiumNaked Car
Product rangeCar, Building, Cyber Cover, CommercialCar, Home, Contents, Single Items

King Price

Premiums that decrease monthly

King Price disrupted the SA car insurance market by aligning premiums to vehicle depreciation, making cover cheaper as cars age.

Strengths
  • Premiums decrease as your car depreciates
  • Lower entry price
  • Modern app
Trade-offs
  • Less established claims reputation
  • Limited add-ons

Naked Insurance

AI-powered car & home cover

Naked is a digital-first South African insurer using AI and a fixed-fee model — any underwriting surplus goes to charity via Naked's Givva programme.

Strengths
  • Fully app-based onboarding
  • CoverPause feature
  • Transparent fixed-fee model
Trade-offs
  • Newer brand
  • Personal lines only