Home contents insurance

If you turned your home upside down, we'll insure everything that would fall out

What do we mean by home contents insurance? Well, if you turned your home upside down, we insure everything that would fall out.

(Home contents insurance is sometimes called household insurance by other, well, boring, insurance companies… But we’re anything but boring.)

So, from TVs and tablets to Tag Heuers… From shoes and sheets to your collection of Sade CDs… From granny’s antiques, to your garden furniture and wine glasses… You own it, we’ll insure it!

The king of price offers comprehensive home contents cover, competitive premiums and award-winning royal service… We’ve got the ‘full house’!

In a nutshell

With King Price home contents insurance, you can claim for items that are stolen from, or damaged at, your home, if these things belong to you or to people who live with you. It’s that simple!

But, sometimes, you need to take things from home out on the town with you… Your laptop or tablet, for example. Or the ‘it’s designer, dahling’ bag you keep them in. Or your watch, or expensive jewellery. While the king covers these items at home, if you’d also like to insure them against loss or damage that happens anywhere else, you need separate portable possessions insurance.

Please note: Jewellery and watches that are worth more than R35,000 must be specified individually on your home contents policy schedule, and locked in a safe when you’re not wearing them. Also, we’ll need valuation certificates for jewellery that’s worth more than R15,000… Having these in order upfront will save tears and time down the line. Promise.

Sadly, we don’t cover these things under home contents:

Cellphones.
Bikes.
Contact lenses.
Prescription glasses.
Hearing aids.

But the good news is that they can be insured as portable possessions… And, if you have comprehensive car cover with the king, you get to insure bikes and hearing aids (and more) for just R1 monthly!

Understanding under-insurance

It’s important to value your household correctly when taking out home contents insurance. King Price pays out for items at their current replacement value… Because that’s what it costs to buy new things. So, for example, the leather lounge suite that cost you R12,000 on sale 4 years ago, would probably cost you a great deal more to replace, now. The ‘great deal more’ value is the 1 that we need to know upfront, because that's what we base your premium on. If we paid a claim for this furniture based on R12,000, it would leave you at least a sofa short. And we'd hate that to happen.

Not sure how much home contents cover you need? This handy inventory form will help.

Frequently asked questions about home contents insurance

What's contents insurance?
Contents insurance is known as home contents insurance in our kingdom. This type of cover pays for the cost to repair or replace any of the prized personal possessions that you keep in your home if they're stolen or damaged by some kind of risk, like a burst water pipe or lightning strike.
What's covered by home contents insurance?
Home contents insurance covers a range of possessions that you keep in your home. We say that if you take the roof off your home and turn it upside down, then what falls out = your home contents. For example, your furniture, fridge, clothes, and kitchen appliances. If it ain't nailed down, it's usually covered by this policy.
How much must I insure my home contents for?
How much you insure your home contents for depends on what it would cost to replace them. You can work this out by going from room by room, filling in an inventory (click here to download a template) and then adding replacement prices. Then, it's easy to cover your home contents for their correct value.
How does home contents insurance work?
Home contents insurance works by paying out an amount to replace your stolen or damaged valuables. Before you get the cash, the excess is taken off, as well as any under-insurance. As an example, if you insure your contents for R20,000 but their actual value is double this amount, and you claim R5,000 for a stolen TV, we'll pay out half of what you claim.
What does household insurance cover?
Household insurance (or home contents cover, as we call it) covers the valuables that you put into your home to make it your very own. But, it doesn't cover things like bicycles and hearing aids (these are portable possessions), or geysers, swimming pools and anything that's considered a fixture in your home, like the fitted carpets and windows (these are covered under buildings insurance).
What's not covered by home contents insurance?
- Bicycles
- Contact lenses and prescription glasses
- Cellphones
- Hearing aids
- Jewellery, watches, laptops and other things that are stolen or damaged while you're not at home
- Geysers
- Fixtures, like carpets, windows and lights
Can you claim termite damage under home contents insurance?
Damage that's caused by insects or pests, like termites, moths, or rats isn't covered by the king's home contents insurance. King Price covers more risks than most insurers in South Africa, but we don't like pests.

The king's benefits

Emergency assist

The king has you covered. 24 hours a day, 7 days a week, 365 days a year. When you're part of our royal family, we've got your back! Whether your issue is medical, technical or domestic, you're in the king's safe hands.

Decreasing premiums

Why keep paying the same to insure your car when it's only ever worth less? It doesn't make sense to us, so we employed some seriously clever people to find a way of decreasing car insurance premiums every month. It's only fair!

Quick and easy claims

If you have an accident and you're covered by the king, call our emergency assist line ASAP if you're able to. We'll organise emergency medical help, arrange to have your car towed, and tell you what you need to do.

The king's cab

The cold 1s were flowing, but now it's time to get going? We'll get you (and your car) home safely. The king's cabbies are on call when you have comprehensive car cover with the king. It's a small extra cost... For big peace-of-mind.