If you have cancelled your car insurance for a period then you may lose your no-claim bonus. You aren’t covered so your underwriter might say that they can’t confirm if you haven’t claimed. You may also find that your insurer could charge you a higher premium depending on how long you have cancelled for or they may even reject your application. This means you may need to find a new insurer.
The winter holidays are almost here and now that 1 year on from lockdown we can travel and visit some of the most beautiful places that our country has to offer. Even though hard lockdown is over, many of us are still working from home. You might have decided to downgrade your car insurance to save some money, but with holidays on the horizon, you might need to change this.
Each year, your short-term insurance is automatically renewed and many of us will allow this to occur without checking to see if we are now under or over-insured. However, each year, things may change and this means that we need to check our insurance policies each year and this could even save you money in the long run. Here are 5 tips to clean up your insurance policy, which could lead to savings in the long run.
If you are in a car accident that is your fault then you will need to pay to have the other car repaired plus your own. Comprehensive car insurance will cover both of these, but it is also the most expensive of car insurances. Therefore at the very least, you should consider third-party car insurance. Without third-party car insurance, you could have to repair or even replace the other car out of your pocket.
If you are involved in a car accident after curfew, then your car insurance should still cover you. Curfews have been with us since the start of lockdown and we need to be aware of the curfew times and if they change, however, there might be a time where you are on the road when you shouldn’t be and the worse could happen, you are in an accident, but what happens with your insurance? The good news is that even without a permit, your insurance should still cover you.
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.
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?
In the event of an accident, you need to ensure that your insurance will cover any financial shortfalls on your new car. According to Budget Insurance’s, Susan Steward, this is becoming an issue for new car owners that are paying off their vehicle. She said that we are at a time where consumers are struggling and the last thing you will want is to have your car written off and discover that you owe money to the bank even though you have insurance.
If you are in the market for a vehicle then you will need to look at both car insurance and a motor warranty. A motor warranty is given by the vehicle manufacturer and car insurance is provided by insurance companies, but you will find that some insurance providers will also sell variations of motor warranties.
If you have been looking for any type of insurance, especially car insurance then you have probably seen comprehensive cover pop up a few times in your search. If you are looking for car insurance then before you sign on the dotted line, you will probably want to know exactly what comprehensive cover is.
You have found your dream vehicle and you’re ready to buy, but before you drive your new car off the floor, you may want to compare car insurance quotes.
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.
The moment you drive off the floor in your brand-new car, it starts to lose value, so why should your car insurance stay the same or increase when the value of your car is decreasing? King Price offers a unique car insurance offering that decreases monthly in line with your depreciating vehicle.