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Provider comparison · Updated May 2026

King Price vs Renasa

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

King Price edges Renasa on customer rating.

FeatureKing PriceRenasa
Customer rating★ 4.5★ 4.2
Average premiumR590/pmR700/pm
Claims turnaround36h60h
Pricing tierBudgetMid-range
Flagship productDecreasing PremiumBroker Personal Lines
Product rangeCar, Building, Cyber Cover, CommercialPersonal Lines, Commercial, Telematics, Specialist

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

Renasa

The broker's insurer

Renasa positions itself as 'the broker's insurer' — short-term cover distributed exclusively through independent brokers across South Africa.

Strengths
  • Broker-aligned model
  • Strong claims service
  • Telematics-enabled products
Trade-offs
  • Available only through brokers
  • Lower direct brand awareness