Car Insurance
The car insurers in South Africa are always designing insurance coverages to meet the needs of the different types of drivers, from the urban ones to the off-road ones.
While most South Africans should carry Comprehensive Cover car insurance, 65 percent of South African drivers have no car insurance at all. This is stunning given the high rates of motor vehicle accidents and fatalities in South Africa. If you have no insurance, then you will need to replace or repair your car at your own expense if an accident occurs, and you may have to repair or replace someone else's car in case of an accident. What happens if your car is hijacked, stolen, or vandalized? You need car insurance to cover the risks of car ownership.
Third Party Only covers you if you are responsible for damage to someone else's property in an auto accident. Other options include Third Party Fire and Theft Cover, which pays to replace or repair your vehicle as a result of fire, theft or attempted theft.
South Africa is home to a large motorcycle community, so it follows that insurers offer products designed especially for these drivers. Motorcycle cover provides the peace of mind that your motorcycle will be covered if it is stolen or damaged or if you damage someone else's property in a motorcycle accident.
South Africans love to spend time outdoors, and insurance companies have developed policies that specifically deal with the hazards of traveling around the countryside. Off-Road Comprehensive cover deals with the risks of off-road driving.
If you're considering car insurance for the fist time, you may be surprised by how expensive premiums can be . Several factors drive these rates, and you have a certain amount of control on how they affect your premium.
Younger drivers are considered a higher risk, and therefore pay higher premiums. If you have no driving history, or if your history includes accidents or dangerous driving habits, your premiums will be higher. But, as you age and build a better driving history, your premiums will reflect the lower risk.The first factor, one you can't really do anything about, is your age and driving record. Fortunately, the passage of time has a great effect on this factor.
Another thing to consider is the price of your vehicle. high priced auto cost more to insure as well as high performance vehicles.
There are numerous ways to save money on your insurance policy without having to cut corners. For instance, many insurance providers offer discounted rates to drivers who's vehicle safety features surpass the minimum requirements. Another great way to keep your premium low is to consider where your vehicle is parked over night. A vehicle that is parked in a garage is less of a liability than one parked on the street. Keep this in mind when seeking a rate quote.
Be sure to research different kinds of insurance and how they relate to your situation. Just because something is cheap doesn't mean it is right for you. Be sure to select the policy that meets your needs and is at a price you can afford. - 23211
While most South Africans should carry Comprehensive Cover car insurance, 65 percent of South African drivers have no car insurance at all. This is stunning given the high rates of motor vehicle accidents and fatalities in South Africa. If you have no insurance, then you will need to replace or repair your car at your own expense if an accident occurs, and you may have to repair or replace someone else's car in case of an accident. What happens if your car is hijacked, stolen, or vandalized? You need car insurance to cover the risks of car ownership.
Third Party Only covers you if you are responsible for damage to someone else's property in an auto accident. Other options include Third Party Fire and Theft Cover, which pays to replace or repair your vehicle as a result of fire, theft or attempted theft.
South Africa is home to a large motorcycle community, so it follows that insurers offer products designed especially for these drivers. Motorcycle cover provides the peace of mind that your motorcycle will be covered if it is stolen or damaged or if you damage someone else's property in a motorcycle accident.
South Africans love to spend time outdoors, and insurance companies have developed policies that specifically deal with the hazards of traveling around the countryside. Off-Road Comprehensive cover deals with the risks of off-road driving.
If you're considering car insurance for the fist time, you may be surprised by how expensive premiums can be . Several factors drive these rates, and you have a certain amount of control on how they affect your premium.
Younger drivers are considered a higher risk, and therefore pay higher premiums. If you have no driving history, or if your history includes accidents or dangerous driving habits, your premiums will be higher. But, as you age and build a better driving history, your premiums will reflect the lower risk.The first factor, one you can't really do anything about, is your age and driving record. Fortunately, the passage of time has a great effect on this factor.
Another thing to consider is the price of your vehicle. high priced auto cost more to insure as well as high performance vehicles.
There are numerous ways to save money on your insurance policy without having to cut corners. For instance, many insurance providers offer discounted rates to drivers who's vehicle safety features surpass the minimum requirements. Another great way to keep your premium low is to consider where your vehicle is parked over night. A vehicle that is parked in a garage is less of a liability than one parked on the street. Keep this in mind when seeking a rate quote.
Be sure to research different kinds of insurance and how they relate to your situation. Just because something is cheap doesn't mean it is right for you. Be sure to select the policy that meets your needs and is at a price you can afford. - 23211
About the Author:
Tom Martens is the content syndication coordinator for Carinsurancesa.co.za. South Arica's leading car insurance portal.
posted by X - Men @ 4:09 AM
0 Comments
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home