Wondering which insurance company offers the cheapest car insurance? It’s a good question, considering that the cost of everything from fuel and food to clothing and electricity has shot up. Seriously, we remember just a few years ago when we thought that life was expensive… Little did we know that things could cost so much more.
Yes, with the spike in inflation, we can’t just go into shops and spend like we used to. A lot of South African households are dealing with a cost-of-living crisis and performing magic tricks in order to make their budgets work. Well, maybe not magic tricks, but we think it’s pretty magical when you find specials for the goods and services that you rely on.
The reality is that people are finding themselves going from shop to shop in search of discounts and deals so that they can save a few coins here and there.
It might feel like surviving is impossible, but survive we can, and survive we will! For our part, King Price is going to continue to do what we can to help South Africans get the absolute cheapest car insurance so that they don’t end up in a far worse financial position if they get into an accident without insurance to fall back on.
Here’s a look at which car insurance is the cheapest and a few ideas to help you tighten those proverbial purse strings.
What’s the cheapest car insurance
When it comes to paying the lowest premiums for cover, there are a few options. Firstly, you can go online and compare multiple car insurance quotes and go with the cheapest option.
You can also decide to get a cheaper policy altogether. In our kingdom, our royal third party only car insurance is the cheapest. This option only covers you for liability for accidental injury to other people or damage to their property.
It doesn’t cover anything more than that, which is why it’s cost affordable.
Our other cheaper policies include:
- Theft and write-off car insurance which covers the total loss of your car, like if it’s written off, stolen, or hi-jacked and not recovered.
- Third party, fire and theft car insurance, which covers theft, hi-jacking, and liability to other people and their property as a result of an accident.
Car insurance discounts
As we said, more and more people are looking for specials and you’re in luck, because King Price offers a few discounts and cost-saving tips so that you can maintain your cover.
Decreasing premiums
We do offer cheaper car insurance policies, but we should point out something about our comprehensive cover… While it’s the more expensive option that covers way more risks (including accident damage to your own car), it decreases in price every month. Cool, hey?
Get up to 20% off
You can get up to 20% off with our ‘multiple car discount,’ which is exactly what it sounds like… You can get a discount on your premiums when you comprehensively insure more cars with the king.
For 1 car, you get super cheap insurance, with 2 cars you get up to 10% off both cars, with 3 cars you’ll get a nice 15% discount on all 3 cars, and 4+ cars will give you up to 20% off all your cars.
Lower excess
We give you the opportunity to lower your royally affordable car insurance premiums by asking for a higher excess. It kind of works like a seesaw… A higher excess = a lower monthly premium. Just make sure you choose an excess amount that you can afford to pay because an excess is a non-negotiable fee that you pay when you put in a claim.
Call us before you cancel
When things get too tight, it’s tempting to cancel your cover. The problem is, accidents and other unfortunate events do just happen and then you’ll be in a far worse position if you have to deal with that out of your own pocket.
Talk to us. If things are getting too much, give us a call on 0860 50 50 50 and let’s see what we can do. Maybe it’s a small matter of choosing a cheaper policy in the short-term until things start looking better again.
Remember, our mission is to help you!
And if you don’t have any insurance at all, then click here to get a commitment-free quote today.
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