Insurer Review

King Price Car Insurance Reviews (2026)

Written by Chloe Adams Managing Editor Reviewed by Nomsa Dlamini RE5 qualified · 12 years in short-term insurance Updated 25 July 2026 Our editorial standards →

Is King Price good for car insurance?

King Price is a South African direct insurer best known for premiums that decrease every month as your car depreciates. It focuses on affordable, no-nonsense cover and is popular with budget-conscious drivers. It also focuses on paying valid claims, settling around R10 million in claims every day.

At a glance

Known for: Premiums that decrease every month as your car loses value.
Best for: Budget-conscious drivers who want low, decreasing premiums.
Products: Car, Home contents, Buildings, Commercial

Overview

King Price is a direct short-term insurer known for its quirky brand and its signature feature: car insurance premiums that reduce monthly in line with your car's depreciating value. It offers a broad range of personal and commercial cover with competitive starting premiums. King Price also puts a strong emphasis on settling valid claims when it matters - it pays out around R10 million in claims every day.

King Price pros and cons

Pros

Premiums decrease monthly as your car loses value
Competitive starting premiums
Wide range of optional add-ons

Cons

Budget positioning means fewer premium frills
Service experiences can vary

How much does King Price car insurance cost?

King Price does not publish a fixed price. Like every South African insurer it rates each driver individually on the car, where you live and park, your age, driving history, the cover and excess you choose, and security features such as a tracker. The only way to know what King Price would charge you is to get a quote and compare it against other insurers for your exact profile.

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Frequently asked questions

What is King Price known for?

King Price is best known for car insurance premiums that decrease every month as your car depreciates, along with competitive, budget-friendly pricing. It also focuses on paying valid claims when it matters - King Price pays out around R10 million in claims every day.

Is King Price a good insurer?

King Price can be a strong choice for drivers focused on affordability and decreasing premiums. As with any insurer, compare a quote against others to see if it fits your needs.

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This review is general information based on each insurer's publicly stated positioning and is not financial advice or an endorsement. Always confirm current cover, benefits and pricing directly with the insurer.