What could be the best car insurance for your needs in South Africa in 2021?

Car insurance is something that we, as South African motorists, cannot do without. Driving not only depends on how well you drive but also on other drivers’ performance. Unfortunately, only about 30% of all South African motorists are covered.1

Disclaimer

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.

Car insurance in 2021

Car insurance premiums2 tend to be a grudge payment each month, especially when most of us are experiencing tough financial conditions. That is why it is essential to be covered by an insurer who offers affordable premiums while ensuring that your vehicle is always covered when you are faced with life’s unexpected challenges.

There are several car insurance companies in South Africa. It's always best to research as many car insurers' quotes as needed to get your ideal car insurance cover.

Comprehensive car insurance product 3

With any insurer, comprehensive car insurance might be the most costly as it covers your car extensively. Perhaps consider getting comprehensive car insurance with PMD? With PMD, the excess reduces to zero, and premiums are fixed.* T’s and C’s apply. Included in this car insurance product are the following features:

Customised car insurance product 3

Are you looking for another type of car insurance to fulfil your car insurance needs? This PMD product covers your car should it be written off, as well as giving you the benefit of an excess that reduces to zero and fixed premiums*. Your vehicle is covered for its full market value when lost through an accident, natural fire, disaster, theft, or hijacking. Third-party liability protection is up to R500 000. Depending on the amount chosen, this product provides a minimum level of accident damage cover paid upfront. Smaller accidents are covered on a growing benefit basis up to the car’s market value. There is 24-hour roadside assistance and towing service available and cover for hail damage (up to R20 000) and glass damage. T’s and C’s apply.

Third-party car insurance product 3

Maybe you are looking to get a third-party type of car insurance? You could get cover up to R500 000 for damage to a third party’s car with PMD's Third Party Plus car insurance product. The most advantageous feature about this car insurance product could be its growing cover component for your vehicle concerning smaller accidents up to 100% of the trade value. Premiums are fixed*, and hail damage is covered up to R10 000. T’s and C’s apply

Sources:

1. Third-Party Car Insurances: 70% of Cars in South Africa are Not Insured
2. The best cars for lower car insurance
3. Car insurance
4. Disclaimer