March 19, 2021
South African motorists may do their utmost to avoid driving in bad weather or parking their cars in places that are exposed to bad weather. Unfortunately, motorists can't always avoid severe weather conditions and should consider how the damage to their vehicles could affect their financial wellbeing and use of their cars. Bad weather conditions can directly damage cars through hail storms and floods. They can also indirectly bring about a vehicle accident by causing low visibility and poor road conditions.
Hopefully, if you are in an unfortunate situation where you see your car being swept away in a raging river, you will have some peace of mind knowing that you are covered. Read on and discover how the weather could affect your car insurance.1
This article should only be considered for information purposes only as car insurance is not straightforward. Please obtain professional advice from a certified financial advisor if you want to purchase car insurance.
There is no getting away from it – motorists do require cover for their cars. Sadly, because third-party car insurance is not compulsory in South Africa, only about 30% of all vehicles on the road are insured.
The issue at stake here is financial – who can afford to lose their car in a flood situation?
It’s one thing not being insured but another if you are insured but not covered for bad weather conditions. You need to check your car insurance policy schedule and make sure it covers weather conditions such as flooding or hail damage. Some insurers won't cover you if 111 it even more dangerous.
How the weather affects you depends on the type of car insurance you may have and what is covered.
Comprehensive car insurance is the most expensive of all types of car insurance, and as the name suggests, it covers just about everything concerning your car. PMD’s comprehensive car insurance covers you for “disaster” as well as “hail damage.” With the latter, PMD will cover the repair costs according to a professional assessment. If the car is a write-off or has been in an accident, you are covered for your car’s full retail value. T’s and C’s apply.
This car insurance from PMD provides cover for your car’s full market value if totally lost through a natural disaster. Hail damage is covered to a maximum of R20 000. T’s and C’s apply.
This class of car insurance from PMD is designed to cover you for damage caused to a third pearty. You are also covered for hail damage up to but not exceeding R10 000 in repair costs. T’s and C’s apply.
As the insured, find out how your insurer defines the term ‘flooding’. For instance, the South African Ombudsman for short-term insurance has stated that car insurance does not cover engine damage caused by driving through deep floodwater. Flooding is generally regarded as caused by rainstorms, giant waves crashing onto cars, and cars swept off flooded bridges.
Contact PMD regarding the different car insurance categories and find out more about getting an affordable car insurance quote and purchasing car insurance.