Carinfo.co.za

All About Cars
  • Rss
  • Home
    • Carinfo in the media
  • Insurance Companies
    • List of Insurance Companies in South Africa
    • Best Car Insurance Company for 2015
    • Are you using the best insurance company in South-Africa? (2014 Update)
    • Are You Using the Best Insurance Company in South Africa?
    • Overview of Insurance Companies
    • AA Insurance
    • Absa Car Insurance
    • African Independent Insurance
    • AIG Insurance
    • Alexander Forbes
    • AON Insurance
    • Auto and General
    • Budget Insurance
    • CIB Insurance
    • Dial Direct
    • Discovery Car Insurance
    • Etana Insurance
    • FNB Insurance Brokers
    • First for Women
    • Hollard Insurance
    • Indwe Risk Services
    • Integrisure
    • Kestrel
    • King Price Insurance
    • MiWay
    • Momentum Insurance
    • Mua
    • Mutual and Federal
    • Nedbank Car Insurance
    • New National Assurance
    • Oakhurst Insurance
    • Old Mutual
    • Ooba
    • OUTsurance
    • PPS Insurance
    • Prime Meridian
    • Prosper
    • Regent Insurance
    • Sanlam
    • Saxum Insurance
    • Standard Bank Car Insurance
    • Unity Insurance
    • Virgin Money Insurance
    • Virseker
    • Wesbank Car Insurance
    • Woolworths Car Insurance
    • Youi
    • Zurich Insurance
  • Car Insurance
    • Top Up Insurance: What You Need to Know
    • Why you need to worry about your Facebook account and car insurance
    • Car Insurance
    • Car Insurance Calculator
    • Car Insurance Calculator – Background
    • Insurance Aggregators
      • Hippo Insurance
    • Online Car Insurance Quotes
    • Cheap Car Insurance
    • Scratch and Dent
    • Car Insurance Terms and Definitions
    • Online Car Insurance Quotes – Questions & Answers
    • Frequently asked Car Insurance Questions and Answers
    • Comprehensive Car Insurance
    • Taxi insurance
    • Car Insurance Tips
      • How to File a Complaint with the Car Insurance Ombudsman
      • Affordable Car Insurance
      • How to Claim from the Road Accident Fund
      • 5 steps to getting car insurance
      • 5 Tips for getting good value car insurance
      • 9 ways to reduce your car insurance costs
      • Think You’re a Safe Driver? Why Not Translate that into Money Using Telematics?
    • Top 10 Reasons Car Insurance Companies Deny Insurance Claims
    • What Effects the Cost of Car Insurance Quotes
    • Car Insurance for Seniors
  • Insurance News
    • Hollard Insurance acquires Etana Insurance
    • Hippo Insurance Fined R1 Million
  • Everything Cars
    • All You Need to Know About E-Tolls
    • Remote Jamming
    • Review of Uber
    • Road Safety for Motorcyclists
    • Road Safety: The Most Common Driving Mistakes
    • Rocky Car Sale Numbers in South Africa
  • Car Hire
    • Which is the Best Car Rental Company in South Africa?
    • When is Leasing a Car Better than Buying?
    • 10 Things Not to Do When Renting a Car
    • Avis Car Hire
    • Budget Car Rental
    • Europcar South Africa
    • Hertz Car Hire
    • Tempest Car Hire
    • Thrifty Car Rental
Search the site...
Home» Car Insurance » Cheap Car Insurance
Read our Terms of Use
  • Get Super Cheap Insurance
    that DECREASES Monthly!
    from King Price Insurance
  • Looking for commercial insurance for motorbikes/vans? Click here
    *By submitting this form you agree to Carinfo.co.za Terms of Use

Why you should use our services?

Insurence ‘shopping’ is usually a headache, but it took me 30 seconds to fill in a form, and within no time I received a couple of quotes, one of which was actually better than my existing insurer – so I saved time and money. Baie Dankie
Rene, Degroute (45, JHB)
Sent my details, got ​a good quote and finalized the policy. Was easy and quick. I ​don’t always find decent service these days – ​so ​Thanks
Andzile Delamini (23, Soweto)
Response was quick, sales agents were professional. Got a competitive price and settled for the second cheapest (I liked the good rating the company got)
Ryan Schoeman (19, Cape-Town)

Popular Articles

  • Oakhurst Insurance
  • Driver's Licence Cr: K. Banks http://tinyurl.com/p4devpc How to Apply for a Temporary Driver’s Licence
  • Car Rental Cr: H. Dahlström http://tinyurl.com/p4devpc Which is the Best Car Rental Company in South Africa?
Want to write a Guest Post?
Carinfo in the media

Your Vote!

What made you get car insurance?

View Results

Loading ... Loading ...

Categories

Cheap Car Insurance

June 7, 2013 - Car Insurance
0
Cheap car insurance. credit: aravo.com

Cheap Car Insurance – Background

Although it is a legal requirement, the expense of purchasing car insurance is an easy deterrent for many South Africans. Many people feel forced to choose between buying car insurance in South Africa or allotting that money for other necessary living expenses. In some cases, the money spent on the car (which may very well be a second or third hand car) was all one had available for the purchase and maintenance of a car.

However, in addition to the legal implications, there are significant risks in not obtaining motor insurance. If you are involved in an accident that is your fault, you will have to cover all repair costs for your vehicle, as well as any costs related to the other party involved – both medical and repair costs for their vehicle. The amount involved can be exorbitant and will far surpass the cost of any car insurance in South Africa – especially if you managed to get cheap car insurance. Additionally, you expose yourself  to being sued in such a situation. Should you be the ‘victim’ in a car accident situation and you do not have vehicle insurance, you will be the one spending time claiming damages and trying to get money to cover the repair of your vehicle – something that is not always easy to do. On the other hand, if you had car insurance, they would pay you the damages and then they would be the ones trying to claim it back from the other party we caused the accident.

With the level of crime in South Africa increasing, you are also putting yourself at higher risk should you experience carjacking, theft or other car related crime without having car insurance and might even find yourself with no car and no way to fund the purchase of a new one.

The above being true, it is obvious that car insurance is a must. The only question that remains, is how to reduce the cost. Of course, there are ways to minimize the cost of car insurance in South Africa – read on for tips on how to obtain cheap car insurance, as well as what factors will likely affect car insurance premiums and rates.

  • Get Super Cheap Insurance
    that DECREASES Monthly!
    from King Price Insurance
  • Looking for commercial insurance for motorbikes/vans? Click here
    *By submitting this form you agree to Carinfo.co.za Terms of Use

How to get Cheap Car Insurance

Compare Car Insurance Quotes – Before agreeing to any car insurance policy, make sure you shop around and compare car insurance quotes by getting online insurance quotes from several insurance companies. In doing so, make sure you provide them all with the same information. Don’t be hesitant to ask for discounts or to share a lower quote you received from another company – this is advised. If you already have car insurance and the renewal date is coming up, threaten to switch companies if they will not match the lower price.

Know the Different Policy types – One way to maximize your chances of obtaining cheap car insurance is to understand the difference between the policies and the types of coverage offered. Some require paying more money each month, but less should there be an accident. Other policies require less money initially, or monthly, but you may end up paying higher deductibles or rates in the event of an accident. Decide what best suits your financial situation.

Anti-Theft and Security Measures – Car insurance companies often reduce premiums based on the amount of security measures that you have on your car. For example, cars kept in a locked garage or those that have an alarm system will result in a lower cost for the vehicle insurance. If you don’t have these options, you can always buy a steering wheel lock and make sure to tell the insurance companies when asking for quotes.

The Type of Car You Drive – Certain models and types of cars have higher insurance premiums because they are more likely to get stolen or hijacked, such as SUVs or flashy sports cars. Additionally, some cars are more expensive to repair. Keep this in mind when you choose the car you buy.

Keep Your Mileage Low When Possible – If you don’t drive your car much or only use it for short distances, make sure to inform the insurance companies. The less you drive, the less risk of something happening to your vehicle. Hence, you can often get a lower premium.

Clean Accident History – Your accident history also has an effect on your ability to obtain cheap car insurance. If you have a clean accident history, the insurance companies view you as being less of a risk and will offer lower premiums as a result. If you have had accidents in your history, you can open a policy in another family member’s name who has not and just add your name to that policy.

Combine Policies – If you have household insurance as well, try to include your car insurance in the same policy. Often this results in lower rates.

Marital Status – Be sure to let the insurance companies know your marital status. Research has shown that family people drive more calmly than single people. As such, if you are married, it can positively affect lowering your insurance premiums.

Summary

Cheap Car Insurance. Credit: velomondial.blogspot.com

Need Protection?

All in all, buying car insurance in South Africa can be a costly endeavor. However, with the tips listed above, there are clear ways to minimize the cost and secure cheap car insurance. At the end of the day, a split second mistake on your part or someone else’s mistake can have serious consequences for you if you don’t have some type of motor insurance coverage. Is it really worth taking the risk?

Looking to reduce your car insurance costs, just fill in your details in the form on the top left side and an agent will get back to you with a cheap car insurance quote

Other Interesting Posts

ABSA iDirect Vehicle Insurance

ABSA iDirect Vehicle Insurance

ABSA iDirect vehicle insurance is the car insurance department of ABSA, The Amalgamated Banks of ...read more

Best Car Insurance Company for 2015

Best Car Insurance Company for 2015

For the last two years Carinfo.co.za has been conducting a comparison analysis of all the ...read more

What Kind of Car Insurance is Right for You?

What Kind of Car Insurance is Right for You?

What Kind of Car Insurance is Right for You? Yes, you need car insurance! As a ...read more

budget car insurance, cheap car insurance, cheap car insurance companies, cheap car insurance comparison, cheap car insurance direct, cheap car insurance for first time drivers, cheap car insurance for new drivers, cheap car insurance for students, cheap car insurance for under 25, cheap car insurance groups, cheap car insurance in cape town, cheap car insurance in south africa, cheap car insurance low deposit, cheap car insurance no claims bonus, cheap car insurance no deposit, cheap car insurance online, cheap car insurance online in south africa, cheap car insurance quotes, cheap car insurance quotes online, cheap car insurance quotes online free, cheap car insurance rates, cheap car insurance reviews, cheap car insurance south africa, cheap car insurance under 21, cheap car insurance under 25, cheap car insurance with low deposit, cheap car insurance with no deposit, cheap car insurance women, how to get cheap car insurance, how to lower car insurance, how to reduce my car insurance premium, low car insurance, reduced car insurance

Tell us your thoughts Cancel reply

Your email address will not be published. Required fields are marked *

20 − fifteen =

Why you should use our services?

Sent my details, got ​a good quote and finalized the policy. Was easy and quick. I ​don’t always find decent service these days – ​so ​Thanks
Andzile Delamini (23, Soweto)
Insurence ‘shopping’ is usually a headache, but it took me 30 seconds to fill in a form, and within no time I received a couple of quotes, one of which was actually better than my existing insurer – so I saved time and money. Baie Dankie
Rene, Degroute (45, JHB)
Response was quick, sales agents were professional. Got a competitive price and settled for the second cheapest (I liked the good rating the company got)
Ryan Schoeman (19, Cape-Town)

Popular Articles

  • Oakhurst Insurance
  • Driver's Licence Cr: K. Banks http://tinyurl.com/p4devpc How to Apply for a Temporary Driver’s Licence
  • Car Rental Cr: H. Dahlström http://tinyurl.com/p4devpc Which is the Best Car Rental Company in South Africa?
Want to write a Guest Post?
Carinfo in the media

Your Vote!

What made you get car insurance?

View Results

Loading ... Loading ...

Categories

Categories

  • Car Hire
  • Car Insurance
  • Car Insurance Tips
  • Car Maintenance
  • Car News
  • Car Tips
  • insurance companies
  • Insurance News
  • Learners License
  • Motorcycles
  • Online Car Insurance Quotes
  • Taxi Insurance

Get in Touch

Contact Us
Carinfo in the Media

Usefull links

Car Insurance Links
List of Insurance Companies
Car Reviews
Add a Car Review
Household Insurance

Signup to our newsletter

  • *By submitting this form you agree to Carinfo.co.za Terms of Use
All rights reserved 2013 - carinfo.co.za
  • Contact Us
  • About Us
  • Terms of Use
  • Sitemap
Carinfo.co.za ("the website") is not a financial services provider and does not represent any of the insurance companies presented. All content on the website is for informational purposes only and does in no way constitute legal or financial advice. We advise that before making any financial decision you consult with a professional of your choice. Although Carinfo allows some insurance companies to advertise on the website, you are not required to respond to such advertising. If you do so, it is at your own will and Carinfo will not be held liable in any shape or form for damages, direct or indirect, resulting from any decision you make based on the information on the website.