At King Price, we know that price is king, so we're here to save you more money each and every month. In the time it takes you to read this, your car’s value has dropped. It's worth less and less... So why do other insurance companies charge you the same premium every month? Not us... We DECREASE your car premium every month as your car loses value. We just think it makes sense.
Most insurance companies inflate your premium from the get-go… Just to give you back some of your own money as a ‘no claim bonus' later (and that's only if you're lucky). The king of insurance says ‘NO!' to this bogus bonus and all the other insurance sales pitches. We'd rather let all our clients enjoy the benefit of super cheap premiums that decrease monthly.
This is a first for the Namibian insurance industry, so we're sure you've got questions... Fire away!
‘Okay... Will my premium go up at the end of the year?'
Yes, your premium will increase every year. You see, there are some factors that not even the king can control. Like the rising costs of repairs and replacements, neither of which are linked to the value of your car.
But, we promise to fight to keep your increase as low as possible, and it'll only happen once a year. Straight up. No funny business.
Even with this annual increase, you can see from the graph below that the longer you have a policy with us, the more your premium maintains a steady downward trend.