When dealing with car theft, drivers should be aware of unexpected insurance costs according to insurance brokerage and risk advisors, Aon South Africa. Having insurance is vital so you can recover financially from vehicle theft, but there could be costs involved that you hadn’t planned for.

Your monthly premium will be directly influenced by whether you have set a higher or lower excess.But how can you use the excess to save money in the long run and find that balance?

Most of us have probably been in some kind of car accident and we know as soon as it happens, our whole day is ruined, but you think, not to worry, you have car insurance and you can get your car fixed. However, it soon dawns on you, you are not sure what the next steps are after you have been in a car accident and need to access your car insurance. Here is what happens after you have been in a car accident and what happens with your insurance.

Every year there is a frightening number of vehicle accidents, thefts and hijackings, which puts the South African motorist at a financial risk. This is why it’s important to have car insurance and even though it is not required by law, having car insurance can save you a bundle if anything were to happen to you and your vehicle.