January 17, 2022
We are all heading back to the office again after the festive season. The amount of traffic on South African roads will increase enormously, heightening the risk of an accident. Even more the reason why comprehensive car insurance would be helpful to have in South Africa.1,2,3
This type of car insurance is ‘comprehensive,’ or insures a motorist for damage to their car and damage to the third party’s car. According to ‘reliancegeneral.co.in,’1 such a policy protects you against accident, fire, theft, and natural disaster. Comprehensive car insurance is the best cover you can purchase for your car. It’s one level above third-party car insurance which only covers damage to the third party’s car.
Only a third of all cars on South African roads are insured.3 This means that out of 10 vehicles at a traffic light, only 3 would be insured. Combine this scenario with South African roads being chaotic with many motorists showing a disregard for the law. As a result, your risk of having a collision is high. All the more reason to ensure you have good comprehensive car insurance.
If you have no car insurance or are looking for a better insurer, go online and compare quotes. Be careful only to choose insurers of good repute. Because low premiums are not necessarily an indication of a good policy, you will have to read the policy to make sure.
According to ‘reliancegeneral.co.in,’ 1, even if an accident is your fault, you can still submit a claim if you have comprehensive car insurance. The policy may also cover any legal costs that may be required because of an accident. The most significant advantage is having peace of mind and excellent financial protection.
Please note, this article can only be a source of information. Please consult a registered financial service provider for more information before buying any car insurance product.
You’ve made up your mind to buy a new dream car. But before doing so, you’ve discovered that the law requires you to purchase comprehensive car insurance if your car is to be financed by a bank. Have you come across PMD’s affordable comprehensive car insurance in searching for quotes? Unique benefits this car insurance offers includes a reduce to zero excess* and fixed premiums*. Another great benefit is that the full retail value of your car is protected when submitting claims involving hijacking, natural disasters, accidents, write-offs, theft, and fire.
Furthermore, you are covered by up to R1 million regarding third-party claims. Finally, you will feel safe when travelling because you have immediate access to 24-hour roadside assistance and towing service. Added to that is your cover for hail and glass damage. So contact PMD for more information. T’s and C’s apply.
May 12, 2022