Driving along South Africa’s roads over the festive season and the daily commute to work that are on the go once again could make one realise how busy roads in South Africa can become. The more traffic on the road, the greater the risk of a collision. So, it is wise to provide some insurance protection for your car. Read on and find out more about third-party car insurance.1,2,3
What is third-party car insurance?1
This type of insurance usually covers damage done to the third party’s car but does not cover any damage incurred to your vehicle. It is the most affordable of all car insurance products and, understandably, falls below comprehensive car insurance in terms of coverage.
Why is third-party car insurance useful in South Africa?2
Two-thirds of all cars on the road in South Africa are not insured. So, out of 10 cars on the road, a whopping 6-7 vehicles are likely not to be covered. It means that if you have an accident with an uninsured car, and it was your fault, the third party’s car would be covered for damages. Even though the third party never contributed towards any type of cover, this is true. Suppose you add to the general chaotic conditions on the road, where many motorists just do as they please. In that case, it becomes imperative to have at least some insurance cover.
Get online car insurance quotes1,3
If you want to insure your car, but can only afford a low premium:
- Go online and request quotes on third-party car insurance from several reputable car insurers.
- Make sure you read the policy before making a purchase and understand to what extent you are covered.
- Perhaps include Prime South Africa in your search for third-party car insurance.
Disclaimer
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.
Prime’s third-party car insurance is there to cover your car3
You have just started your first job after completing your tertiary studies. You would like to insure your aunt’s old car, but you can’t afford high premiums. However, it is better to insure your car with some cover than nothing at all, and so begin with third-party car insurance. Fortunately, this cover is not like the usual third-party car insurance, where only damage to the third party’s car is covered. This insurance also covers your vehicle in the event of a more minor accident via a growing cover component up to 100% of the market value. The other great advantage of this cover with fixed premiums* and a reducing excess*. You are also covered by up to R500 000 concerning third-party claims, and for hail damage of up to R10 000.
Additional options3
Additional benefits include taking out cover for 24-hour roadside assistance and towing service to provide you with extra peace of mind and other options.
Why not contact Prime and find out more? Get affordable car insurance starting from R167* per month with convenient benefits. T and Cs apply.
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