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Average customer rating

Most insurers keep your premium flat while your car loses value. We don't. Your comprehensive premium decreases every month, so affordable car insurance actually stays affordable.

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Cheap car insurance that gets cheaper every month

💸R15.05m saved for clients last year  |   ⭐4.7 on Hellopeter

R340 million

saved for clients since we opened

Up to 20%

multi-car discount

4.7★

Hellopeter · 111,915 reviews

FSP no. 43862

licensed short-term insurer

Why is King Price car insurance cheaper over time?

Simple. Your car depreciates every month, so why should your premium stay the same? King Price is the only South African insurer whose comprehensive premium drops monthly in line with your car's retail value. Since we opened, that's put R340 million back in our clients' pockets.

Flexible excess

Choose a higher excess for a lower monthly premium. Your budget, your call.

No-excess option for 45+

Clients 45 and older get a no-excess option on qualifying cover.

Up to 20% multi-car discount

Comprehensively insure more than one car and save up to 20%.

R1 insurance

Add a bicycle, golf clubs or a hearing aid for R1/month with comprehensive cover.

How King Price compares

Shopping around for the cheapest car insurance in South Africa? Here's what to compare, not just the sticker premium.

What to check
Premium that decreases monthly
Flexible excess to lower your premium
Multi-car discount
Average claim turnaround (car)
Hellopeter trust rating

King Price
✅ Only SA insurer that does this
✅ Yes
✅ Up to 20%
✅ 4 days
✅ 4.7 / 10-10 Trust Index

The cheapest premium isn't a bargain if the claim never pays. We pay, on average, R10 million a day.

Cheap car insurance frequently asked questions

Find clear answers to the most common car insurance questions in South Africa. Learn how cover works, what affects your premium, and how to save with King Price.

Is cheap car insurance actually good cover?

With King Price, cheap doesn't mean skimpy. Comprehensive cover includes roadside, medical and accident assist, and premiums that decrease every month.

How do premiums decrease?

On comprehensive decreasing-premium cover, your premium drops each month in line with your car's retail value.

How can I lower my premium?

Choose a higher excess, insure more than one car for up to 20% off, or ask about the no-excess option for clients 45 and older.

How much can I save?

Decreasing premiums saved clients R15.05 million last year, and R340 million since we opened.

Cheap doesn't mean skimpy

Pay monthly, manage it monthly, and still get cover that pays out fast.

R15.05m

saved by decreasing premiums last year

10/10

Trust Index on Hellopeter

4 days

average car claim turnaround

96%

of claims got it right (NFO)

Ready? Get your car insurance quote now.

*When your car is comprehensively insured. Premiums are risk profile dependent and reviewed annually
Licensed insurer | Authorised FSP 43862 | T's & C's apply | All quotes are commitment-free.