in terms of direct Insurance, King Price is good. definately better than outsurance and MyWay.
but I will say what has been said before. go to an insurance broker. that means going to someone who sells things like Santam.
low premium means high excess.
higher premium means lower and more fixed excess
think about it from a business point of view.
if your premium is low, you want to sign many people and make them pay as much of the payout as possible, and ideally have them never ever claim.
if the premium is higher, that means less customers, but the insurer needs to make sure the clients are happy.
a direct insurer wants a customer for 12 to 24 months with no claims. then new car, new quote, if they stay with you its great, but its a new policy.
a broker business is more focused on building that relationship. keep the client long term, get many things insured. keep them happy even when they need to claim.
now I cannot say exactly who, but this comes from someone who works in the direct insurance industry.
and despite having the potential for 50% staff discount on my premium, I still have everything insured though my broker. my bike, wife's car, household, high risk travel items (phones laptops ect)
soon the GF's car will go though the broker as well her insurance policy ends when she pays off the car in August. then the paid off.
with my bike, when it was insured though a direct my premium was R280 per month, and with my last accident in feb 2024 my excess was 30%
now though the broker my premium is R500 and my excess is a flat R1500. that is it, one flat fee. bike stolen, writen off, or damage to 40% of the value. me and third party, only me or only third party doesnt matter.
so get a good broker. and move everything to them, its a long term saving rather than a short term saving.
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