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Provider comparison · Updated May 2026

King Price vs Standard Bank Insurance

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

King Price edges Standard Bank Insurance on customer rating.

FeatureKing PriceStandard Bank Insurance
Customer rating★ 4.5★ 4.2
Average premiumR590/pmR690/pm
Claims turnaround36h72h
Pricing tierBudgetMid-range
Flagship productDecreasing PremiumComprehensive Car
Product rangeCar, Building, Cyber Cover, CommercialCar, Home, Life, Funeral

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

Standard Bank Insurance

Banking-bundled insurance

Standard Bank Insurance Brokers offers personal and commercial cover bundled with the Standard Bank Group's banking products.

Strengths
  • UCount rewards
  • Loyalty discounts for bank customers
  • Wide branch footprint
Trade-offs
  • Best pricing requires bank account
  • Limited innovation vs direct insurers