King Price Launches New Warranty Cover for Car Parts

King Price offer a brand new warranty to cover car part repairs and replacements.

January 30, 2019 / / —

King Price, the only insurer in South Africa that offers car insurance premiums that decrease monthly as the cars’ values drop, has launched a warranty cover that pays for car part repairs or replacements if they fail unexpectedly. The new product is available for any car in South Africa, and not only covers the parts, but also the cost of labour. The car doesn’t have to be insured with King Price – or even insured at all – to qualify for the cover.

“If you’re driving a car that’s out of warranty, your car parts are steadily deteriorating. The big motive behind our new warranty cover is to help you avoid unexpected costs and ensure that you’re not left unable to fix your car if any parts – including gearboxes, cambelts, turbos and management systems – fail,” said King Price’s Wynand van Vuuren. “This is a well-priced product that gives peace of mind for drivers of out-of-warranty cars.”

The new offering is the latest in a growing line of innovations from King Price. Earlier this year, the company launched a motorbike insurance product that offers a range of levels of cover for every on-road biker‘s needs and budget – including the ability for bikers to insure their biking gear for an extra R1 a month, and cover for accidental damage that happens at approved track schools.

The company also offers clients the ability to insure their favourite items like Apple Watches, bicycles, golf clubs and even hearing aids for an extra R1 per month, provided they already have comprehensive car insurance with the company.

To qualify for the new car warranty cover, customers must live permanently in South Africa, and their car must have a full service history. There are four levels of cover available, depending on the car’s value and mileage.

The only kicker is that the product is not a maintenance plan, says Van Vuuren. “It remains your responsibility to make sure that the car and its parts are serviced and maintained as they should be. It’s our responsibility to get you back on the road as soon as is superhumanly possible if something goes bang when it shouldn’t.”

The product also doesn’t cover taxis or cars used for emergency services, law enforcement or towing.

MORE ABOUT KING PRICE
If you haven’t heard of us, where have you been? For 6 years we’ve been doing insurance differently… We’re the only insurer in South Africa Personal, business or specialised risks… You own it, we’ll cover it. Comprehensively, cleverly and cost-effectively. Some people call us ‘the king of insurance’ and it’s a crown we wear proudly:
Global Brands Awards 2018: Most Innovative Insurance Brand in South Africa (Winner).
Pendoring Award 2018: Film (Silver).
Credit & Risk Reporting Association 2017: Best Quality Data in the Insurance Sector (Winner).
Loeries Award 2016: Branded Content in the Print Communication Category (Silver).
The Star Readers’ Choice Awards 2016: Best Short-term Insurance Company (Second place).
The Star Readers’ Choice Awards 2015: Best Short-term Insurance Company (Second place).
Accenture SA Innovation Awards 2016: Corporate Innovation (Finalist).
Accenture SA Innovation Awards 2015: Corporate Innovation (Finalist).
SA Service Awards (2013): Best Short-term Insurer (Winner).
SA Service Awards (2013): Best Overall Newcomer (Winner).
And… According to our staff, we’re the best company to work for in SA. And they’re the voters that matter most!

For more information about King Price, please contact Siya Williams on 0120010800, or email siya.williams@kingprice.co.za. Check out their website https://www.kingprice.co.za.

Contact Info:
Name: Siya Williams
Organization: King Price
Phone: 0120010800
Website: https://www.kingprice.co.za

Source:

Release ID: 477355