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South Africa’s yearly car accident toll is among the highest in the world. According to a 2013 report by the International Transport Forum and The Clark Law Office attorneys, vehicle-related calamities cost the nation more than R307-billion per annum. What’s more, the same period recorded a total of 58 312 motor thefts, and 139 572 smash and grabs. With such
If we had to put a name to the general charades and goings-on in the insurance space in South Africa, we’d probably call it ‘The Emperor’s New Clothes Syndrome.’ Just like people in the classic Hans Christian Andersen tale kept up pretences rather than admitting to something that might let them appear stupid or incompetent… There are important facts in
Finding the right car insurance is essential to safeguard your beloved set of wheels. In order to meet varying needs and cater to differing budgets, King Price provides customers with a wide selection of vehicle cover options. Third party insurance is one such option. Allow us to tell you more about what this coverage offers.
The fact that car insurance is absolutely essential is not rocket science. If you drive a car, a lot of things can go wrong with it. It could get damaged in an accident. You could be hi-jacked or your car could be stolen. Someone could possibly even break into it while it’s parked somewhere and steal valuables that you left inside. So
Buildings insurance is a non-negotiable condition of every South African home loan, but most bond applicants don’t realise they have more choice than their bank lets on. From what replacement value actually means to why underinsuring could leave you personally covering a shortfall of hundreds of thousands of rands, understanding the rules before you sign could save your kingdom a
No one ever plans for a car accident, but let’s be real: They can sneak up on you faster than an unexpected pothole on a Joburg highway. Whether it’s a little bumper bash or something more serious, accidents are stressful. Your brain goes into panic mode, and suddenly, remembering what to do next is as tricky as avoiding a taxi
Choosing the right kind of motor insurance for you could appear to be an intimidating process, if you don’t know how to distinguish between the various types. Fortunately it’s actually quite easy, as there are generally just three kinds of motor insurance. Let us take a look at what they are… Comprehensive cover As the word ‘comprehensive’ suggests, ‘comprehensive’ cover
A phrase that is lately often used in the short term insurance space is ‘no claim bonus.’ But what exactly does this mean? To help you understand it, let’s explain…. Let’s say you have a comprehensive car insurance policy with a short term insurance company… But in your first year you so happen to be one of the lucky ones
Vehicle insurance in South Africa is less optional than most drivers realise. With nearly two thirds of vehicles on our roads completely uninsured, a single accident, hijacking, or hailstorm can leave you facing repair bills of R30,000 or more, with no recourse. What many policyholders do not know is that the right cover does not have to cost more every
At King Price Insurance, we know that South Africans enjoy socialising and that there is what has become known as, a ‘one for the road’ mentality. But there will be no joy, at all, if you are involved in an accident while under the influence as your car insurance will not pay out. The king and his court would like to share
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