King Price Car Insurance: Terms and Conditions

What is King Price Car Insurance?

King Price Car Insurance is one of the leading car insurance providers in South Africa. They offer a range of insurance products to meet the needs of their customers. They provide comprehensive cover for all kinds of cars, from passenger vehicles to commercial vehicles. They also provide short-term, temporary, and third party insurance.

What Are the Terms and Conditions of King Price Car Insurance?

King Price Car Insurance has a range of terms and conditions that apply to their car insurance products. These include the cover limits, excesses, and other exclusions. The cover limits set out the maximum amount that King Price will pay out in case of an accident or damage. The excess is the amount that the policy holder has to pay before King Price pays out. Other exclusions may include certain types of damage, such as wear and tear, or damage caused by natural disasters.

What is the Claims Process?

King Price Car Insurance has a straightforward claims process. If you need to make a claim, you will need to provide evidence of the damage or loss. This can include photographs or other documentation. Once the claim has been submitted, King Price will investigate the matter and decide whether or not to pay out.

What Is the Cancellation Policy?

King Price Car Insurance allows customers to cancel their car insurance policy at any time. However, they will only be refunded a pro-rata portion of the premium that was paid. This means that the customer will only receive a refund for the period of time that they were not covered by the policy.

What Is the Renewal Policy?

King Price Car Insurance allows customers to renew their car insurance policy annually. When the policy is due for renewal, King Price will send a reminder to the policy holder. The policy holder will then have the option to renew the policy or cancel it. If the policy is cancelled, the policy holder will only receive a pro-rata refund for the period of time that they were not covered.

What Is the Excess Waiver?

King Price Car Insurance offers an excess waiver option for their customers. This waives the policy holder’s excess in case of an accident or damage. However, the excess waiver will only be valid for a fixed period of time, usually a year. At the end of this period, the policy holder will be responsible for their excess again.