How to buy car insurance

Before buying any car insurance, you first need to understand the different types of products available. This way, you can decide which product will suit your needs the best. Read on and find out more on how to buy car insurance in South Africa.^1-4

Compile your driver’s profile by providing accurate details of your driving history. This information is important to the insurer as it will assist them in providing you with the best possible premium. Other important information would include car details, such as age, vehicle identification number (VIN), and any security features.¹

Make sure you present the same information and requirements to each insurer when getting quotes. In this way, you can compare apples with apples. Compare the same policies with each other such as comprehensive car insurance with comprehensive car insurance.¹

What benefits do you need? For instance, you may consider having  a car hire option, to avoid being without transport after an accident. In these dangerous times, you don’t want your car to break down without getting immediate help. So, you may want the option of a 24-hour roadside assistance and towing service.

The difference  for instance, between comprehensive car insurance and third-party car insurance. To illustrate, see Prime South Africa’s different types of insurance below.

This insurance plan covers theft and hijacking, damage caused by natural fire and disaster, and accident cover and write-off. You also get third-party vehicle liability protection up to R1 million per incident. The policy insures your car for up to 100% of its retail value, including benefits such as hail damage cover, vehicle glass cover, and a 24-hour roadside assistance and towing service. Prime also offers affordable premiums that will only increase every 24 months and your excess reduces every month until zero*.  ²

This insurance plan covers total loss for theft and hijacking, damage caused by natural fire and disaster, and accidental write-off. A growing cover up to 100% of the market value of the car helps towards repair costs due to smaller accidents. Your car has cover up to its full market value for total loss. You also have third-party liability protection up to R500,000 per incident. Other benefits include 24-hour roadside assistance and towing service, and hail damage and vehicle glass cover. ³

A highlight of this policy, unlike the standard third-party policies, is that you will have growing cover on your own car that assists with repair cost and provides assistance to recover from a total loss. Your growing benefit stops once it reaches its full traded value of your car. Prime’s Third-party cover includes third party liability protection up to R500,000 per incident.

It’s essential to ask the insurer to explain anything about your policy you don’t understand. In addition, your policy may have exclusions, which are specified items that have no cover. So, find out what they are to avoid disappointment at claim time.

The article aims to show you how to buy car insurance. ^1,2,3,4

Learn more about our affordable car insurance products while we present you with our world-class client service. Available are comprehensive and customised car insurance with fixed premiums* and reducing excess*. You can purchase comprehensive or customised car insurance for cars not over 15 years old, but age is not an issue with our third-party PLUS car insurance. Ts and Cs apply.