← All comparisons
Provider comparison · Updated May 2026
King Price vs Old Mutual
How King Price and Old Mutual compare on price, claims, products and rewards across the South African market.
King Price edges Old Mutual on customer rating.
| Feature | King Price | Old Mutual |
|---|---|---|
| Customer rating | ★ 4.5 | ★ 4.3 |
| Average premium | R590/pm | — |
| Claims turnaround | 36h | 96h |
| Pricing tier | Budget | Mid-range |
| Flagship product | Decreasing Premium | Greenlight Life |
| Product range | Car, Building, Cyber Cover, Commercial | Funeral, Life, Investments, Short-term |
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
Old Mutual
Africa's oldest financial brand
Founded in 1845, Old Mutual is a pan-African financial services group with deep roots in life, funeral and savings products.
Strengths
- Trusted 175-year brand
- Wide product range
- Funeral & life leader
Trade-offs
- Slower digital tooling
- Traditional broker channel
Other popular comparisons
Discovery Insure vs OUTsuranceDiscovery Insure vs King PriceDiscovery Insure vs SantamDiscovery Insure vs MiWayDiscovery Insure vs MomentumOUTsurance vs King PriceOUTsurance vs SantamOUTsurance vs MiWayOUTsurance vs MomentumKing Price vs Santam