Last year, over a period of three-months, over 9 500 cars and motorbikes were reported stolen across South Africa. That’s around 104 cars stolen a day. Over the same three-month period, 6 009 cars were hijacked; one every 21 minutes.This month, on 28 June, its Insurance Awareness Day, the ideal time to remind South Africans about the importance of having insurance cover in place.Shop around for an insurer that can offer you the best levels of cover at the most competitive price.
You could reduce your car insurance premium if you’ve fitted your car with additional safety features such as a tracking device or an alarm, for example.Keep your insurance for real catastrophes which result in unexpected large losses and avoid claiming for small events that you could cover from your own pocket.
Best practice is to find a balance where you’re paying a reasonable premium and your excess is not too high that you won’t be able to cover that amount should you need to make a claimMake sure you keep your details updated
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