An insider’s guide to saving big on your car insurance

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MyBroadband recently spoke to car insurance experts at Budget Insurance to find out how South Africans can stay insured, and benefit from lower monthly premiums.

Last year, throughout 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.

Insuring your vehicle for private use if you no longer use it for business, or if your vehicle is now parked in a more secure environment overnight, like inside a locked garage, it will save you money so let your insurer know. The consequences of going without insurance can be catastrophic and not many people have the cash in-hand to replace their car if it’s stolen or written-off in an accident.

 

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