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Provider comparison · Updated May 2026

Santam vs Momentum Insure

How Santam and Momentum Insure compare on price, claims, products and rewards across the South African market.

Santam edges Momentum Insure on customer rating.

FeatureSantamMomentum Insure
Customer rating★ 4.6★ 4.3
Average premiumR790/pmR670/pm
Claims turnaround72h48h
Pricing tierPremiumMid-range
Flagship productComprehensive PlusSafety Bonus
Product rangePersonal Lines, Commercial, Agriculture, SpecialistCar, Home, All-risks, Business

Santam

South Africa's largest short-term insurer

Santam is South Africa's largest short-term insurer with a 100+ year history, serving personal, commercial and agricultural markets.

Strengths
  • Largest local insurer
  • Extensive broker network
  • Strong commercial offering
Trade-offs
  • Slower digital experience
  • Higher premiums on entry tier

Momentum Insure

Safer driving, lower premiums

Momentum Insure (formerly Alexander Forbes Insurance) is the short-term arm of Momentum Metropolitan, focused on telematics-driven personal lines.

Strengths
  • Safety Bonus cash-back
  • Multiply rewards integration
  • Telematics-based pricing
Trade-offs
  • Smaller short-term footprint
  • Best value tied to Multiply