Driving without car insurance is very risky. Not only can you lose your car through an accident or theft but you could even be held personally liable to damage to another person’s car. You can avoid a lot of hassle and loss of money by just getting cover at a few hundred Rand per month.
Car insurance doesn’t just protect your car. It also protects you – financially. When you lose your car from theft, hijacking or a major accident, it is car insurance that will ensure that you are back on the road with new wheels.
It will also cover the damage to the other party’s vehicle if the accident was your fault. Without car insurance you can be held liable in your personal capacity for the other party’s panel beating bill. It can run into the thousands or even tens of thousands.
If you are driving a car that is still under a finance agreement then you need to be aware that comprehensive car insurance is a requirement. The lender, be it your bank or a financing house, is technically the owner and it is your responsibility to ensure that the loan can be paid off.
South Insure works with third party brokers to get you the best quotes from many insurers.