Business motor insurance

Royal insurance that keeps you moving forward

In a nutshell

Whether your business motors are used by many employees or just 1, and used for long-distance trips or just quick trips to clients... You need to keep them moving forward. That’s why the king offers royal business motor insurance. King Price has you covered for the loss of, or damage to, your motors due to accidents, fire, hail, or unlawful ‘borrowing’. You can choose to insure specific motors or your entire fleet, and we have great extra benefits, too.

Please note: By ‘motor’ we mean a private-type motor (seating less than 9 people including the driver); a commercial or special-type motor (as noted on your policy schedule); a motorbike; a bus (including a vehicle used for business purposes and seating more than 9 people including the driver); and a trailer (excluding non-permanent parts and accessories).

  • The loss of, or damage to, any motor noted on your policy schedule, its accessories and spare parts.
  • Liability to others.
  • Medical expenses (up to N$2,000 per injured occupant to a maximum of N$25,000).
  • Cross liabilities.
  • Fire extinguishing charges.
  • Principals.
  • Tyre damage (agricultural tractors, harvesters and agricultural implements).
  • Waiver of subrogation rights.
  • Contingent liability.
  • Credit shortfall.
  • Loss of keys.
  • Parking facilities and movement of third party motors.
  • Passenger liability.
  • Riots and strikes.
  • Unauthorised passenger liability.
  • Wreckage removal.