How much is King Price car insurance per month?

Comprehensive cover typically runs R550–R900 a month for an entry-level hatchback and R900–R1,500 for a mid-range sedan in Gauteng. Your quote depends on the car, your area, your age and your claims history.

Does the King Price premium really decrease every month?

Yes, on comprehensive cover the premium reduces monthly as the insured value of the car depreciates. The trade-off is that your payout on a write-off also declines with it.

Should I worry about a shortfall with a decreasing sum insured?

If you are financing the car, yes. A decreasing sum insured can fall below your outstanding balance, which is exactly the gap that credit shortfall cover is designed to close.

Is King Price cheaper than OUTsurance?

Often at the start, but OUTsurance's OUTbonus can close the gap over several claim-free years. The only reliable answer is to get both quotes on identical cover and excess.

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King Price car insurance: does the decreasing premium actually save you money?

King Price built its brand on one idea: your premium decreases every month as your car depreciates. It is a genuinely sensible mechanic — most insurers keep charging you as though the car holds its value — but the starting premium and the excess structure matter just as much. Here is what the decreasing premium is worth in practice and where King Price is beaten.

At a glance

Comprehensive premiums decrease monthly in line with the car's declining value.
Sum insured is retail or market value depending on the plan you choose.
Add-on cover available for tyres, car hire and excess reduction.
Fully direct — quoting and claims run through the call centre and app.

King Price car insurance prices

Indicative South African market ranges. Your own quote depends on age, location and the exact cover you choose.

Cover	Typical premium	Notes
Entry hatchback, low-risk area	R550 – R900 / month	Comprehensive, standard excess.
Mid-range sedan, Gauteng	R900 – R1,500 / month	Higher theft-risk loading.
SUV / bakkie	R1,200 – R2,200 / month	Depends heavily on model and area.
Third party only	R150 – R400 / month	No cover for your own vehicle.

Waiting periods and when cover starts

Cover generally starts on the agreed inception date once the first premium clears.
Some add-on benefits carry their own waiting periods — check the schedule.
Claims within the first months may be scrutinised more closely for non-disclosure.

How to claim from King Price

Report the claim through the King Price app or claims line as soon as possible.
You need the accident details, a police case number where applicable, and photographs.
An assessor is appointed and repairs are routed to an approved panel-beater.
Excess is payable to the repairer; confirm the amount before authorising work.

King Price pros and cons

What works well

Premium genuinely reduces every month — real savings over a multi-year policy.
Competitive entry pricing for younger, lower-risk drivers.
Strong digital claims and policy self-service.
Flexible optional extras rather than forced bundles.

What to watch

Decreasing premium also means a decreasing sum insured — a shortfall risk if you owe more than the car is worth.
Excesses can be higher than rivals; compare the total cost of a claim, not just the monthly premium.
No adviser channel if you prefer face-to-face.

Alternatives to King Price

OUTsurance: OUTbonus rewards claim-free years with a cash payback.
MiWay: Highly configurable digital cover with competitive excess options.
Discovery Insure: Best if you drive well and will use Vitality Drive rewards.

Compare King Price against the rest of the market

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King Price car insurance: frequently asked questions

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OUTsurance car insurancePrices, waiting periods and alternatives

CompareQuotes.co.za is an independent comparison service and is not affiliated with King Price. Premium ranges are indicative South African market estimates for general guidance only and are not a quote or financial advice. Always confirm the benefits, exclusions and waiting periods in the provider's policy schedule.