Mileage Limit
Mileage caps keep usage hobby-grade rather than daily.
Mileage Limit Mileage caps keep usage hobby-grade rather than daily.
What is mileage limit?
Max km/year on collectable cover. As a King Price client you will see mileage limit referenced on your policy schedule, in your claim documents, or in conversations with client care on 0860 50 50 50.
How mileage limit works
mileage limit is governed by the terms set out in the King Price Policy Document and the individual schedule issued for your policy. Your schedule always overrides the master wording where they differ, so the values, limits and conditions that apply to you appear there in plain English.
King Price reviews the application of mileage limit at every renewal, and any change to your risk profile, address, vehicle, security or claims history is taken into account. The Treating clients Fairly framework requires this detail to be communicated clearly before any change takes effect.
Example
Refilwe collects vintage Mercedes-Benz models in Pretoria. 5,000km/year cap on a Chilli policy. In this scenario, mileage limit determines the practical outcome for the client. The exact numbers depend on the cover option, the excess on the schedule and the limits set out in the policy document.
Why mileage limit matters
Understanding mileage limit helps King Price clients make better decisions about cover. It affects the monthly premium, the payout at claim stage, and the steps required before and after an incident. Getting it right means no surprises at claim time.
King Price aims to make insurance great again with plain-English wording, transparent premiums and a direct relationship with clients. Clear terminology like mileage limit is part of that promise.