Editor verdict
King Price's depreciating-premium model is genuinely differentiated and saves real money on cars older than three years. Service depth and add-ons are thinner than the mid-tier insurers, but for cost-sensitive cover the value math is hard to beat.
Best for
Not for
Score breakdown
Composite of 5 weighted criteria, refreshed quarterly.
Products
Premium decreases monthly in line with your car's depreciation curve.
Bond-required cover with optional accidental damage.
Personal cyber liability — identity theft, ransomware and online fraud.
Light commercial cover for small businesses and tradesmen.
Discounts & rewards
Premium drops every month as the insured value falls — no need to renegotiate.
Up to 12% off with the King Price telematics device.
Tiered discount for 2+ vehicles on one policy.
Stepped reductions for every claim-free year, capped at year 5.
Customer reviews
Switched from Santam on a 2017 Polo Vivo. Started at R610 and I'm now paying R398 fourteen months later, no changes to my cover. The math actually works.
Everything happens in the app — quote, policy docs, claims. Geyser claim took 4 days end-to-end which isn't OUTsurance-fast but is fine for the price.
Used King Price for our older second car and Discovery for the new one — saved about R380 a month versus putting both with Discovery. The multi-car logic across providers is what makes it worth it.
Wanted comprehensive towing and accident health cover bundled in — they don't offer either at the depth Discovery does. Cover quality on the base policy is fine.
Reviews are submitted by South African policyholders and verified against policy numbers. We never edit content.
FAQ
Company snapshot
King Price disrupted the SA car insurance market by aligning premiums to vehicle depreciation, making cover cheaper as cars age.
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