Ah, car insurance premiums… The mysterious numbers that can make or break your budget faster than a Joburg taxi can break road rules during peak-hour traffic. Most folks know that speeding fines and flashy cars can up your insurance costs, but did you know that your everyday lifestyle choices could also have your premiums doing the cha-cha?
Let’s take a look at how your lifestyle affects your insurance and why King Price is the king of keeping it fair.
Where you live and park your car matters
If you live in a quiet suburb where the loudest sound at night is your neighbour’s snoring dog, congrats. Your premium is probably lower than someone living where the only thing more active than the nightlife is the crime rate. And if your car sleeps in a locked garage every night, that adds to the whole ‘keep your premiums low’ vibe. But if you’re leaving it parked on the street or if you live in a less than safe area, then your premium is probably going to reflect that ‘living dangerously’ vibe.
Our royal calculations are based on a range of real factors, including your location and parking habits. Luckily, it’s not based on your neighbour’s questionable taste in lawn ornaments.
How often and how far you drive
If your daily commute feels like an episode of ‘Survivor: The N1 Edition,’ your premiums might be higher because, well, more time on the road means more risk. But if your car is mainly used for the occasional ‘just popping to the shops’ run, your premiums could be kinder to your wallet.
Here at King Price, we don’t do a 1-size-fits-all approach. We prefer to keep things flexible. So, if you drive a lot, we’ve got you covered. If you take your car out less than the number of times you swipe your gym membership card, well, then we’ve still got you covered. And yes, our comprehensive insurance covers everything from your weekday work runs to those ‘we’ll be there in 10 minutes’ weekend trips that somehow take an hour.
Your job and lifestyle choices
Your job doesn’t just affect your caffeine intake, but did you know that it could affect your car insurance premium? Yes, it sounds made up, but actually, imagine that your work involves a fair amount of time on the road. If that’s the case, then your premium will reflect the fact that you’re out and about, and exposed to the higher possibility of getting into an accident or being hi-jacked. Of course, you’d be pretty upset if you were being charged for that kind of risk when your daily ‘commute’ is from your bed to your desk (lucky you).
Let’s not forget other lifestyle choices. Do you have multiple cars? We can give you a royal discount for each additional car that you insure comprehensively. Do you live far from colleagues, family, and friends? Then consider adding cover for car hire cover so if your car is stolen or is being repaired after an accident, you won’t be stuck.
Your car usage and modifications
If your car is your trusty steed for business deliveries, you might pay more than someone who only uses their car to fetch takeaways and avoid social events. And if you’ve ‘pimped your ride’ with everything from mag wheels to a sound system that shakes your neighbour’s windows, expect your premiums to rise like your favourite playlist’s bass drop.
King Price offers tailored cover based on how you use your car, whether it’s for business, leisure, or showing off your latest modifications. Just make sure they’re road-legal… We’re all about fun, not fines.
Your age and driving experience
Let’s face it: Young drivers are to car insurance what toddlers are to permanent markers… High risk. If you’re still young enough to know all the TikTok trends, your premiums might be a bit higher to account for your lack of experience (which you’ll be gaining every year, so don’t worry). That said, if you’ve been driving longer than most new cars have existed, you’ll probably enjoy lower rates.
At King Price, we reward experience and safe driving with premiums that make sense. And yes, they still decrease monthly because we believe your premium should drop faster than your phone when you’re lying in bed.
Why King Price fits your lifestyle like your favourite pair of jeans
Life changes faster than the weather in Cape Town, and your car insurance should keep up. King Price considers your lifestyle, habits, and needs to offer cover that fits you perfectly. From our famous decreasing premiums to add-ons like car hire cover and portable possessions insurance, we make sure that you’re covered, no matter what life throws your way.
If you want us to be there for you, WhatsApp us on 0860 50 50 50 or click here for a commitment-free quote.