What is Car Insurance according to FNB?
Car insurance is a type of insurance protection for automobiles, trucks, motorcycles, or other road-going vehicles. Its function is to provide financial protection against bodily damage or bodily injury incurred by vehicle accidents.
It settles liability costs as well that arise for accidents. It also covers damages incurred by the insured for damages to the other party’s vehicle and personal property. The primary parties in vehicle accident cases are the at-fault driver and the other party, another vehicle, a public place, or a public structure.
Coverage provided by insurance companies may vary depending on the type of coverage provided.
Why get FNB Car Insurance?
Rewarding customers with up to 15% of their premiums back in eBucks each month, FNB Car Insurance offers a great incentive for drivers. Even if you don’t make any claims during the period, you can still benefit from this reward system. It’s an easy way to get something extra out of your car insurance policy!
FNB got you Covered
You can count on us to provide the protection you need for your car. Our coverage is designed with one goal in mind: giving you peace of mind when it comes to getting around.
We offer a range of plans that are tailored specifically for your needs, so no matter what kind of vehicle you have or how often you drive, we’ve got something just right for everyone!
With our comprehensive policies and competitive rates, there’s never been an easier way to make sure that your car stays safe and secure at all times. So don’t wait any longer – get protected today!
Three basic Car Insurance Plans offered by FNB
In South Africa, there are three basic car insurance policies available in the market.
Namely
- Comprehensive,
- Third-party with fire & theft and
- Third-party only cover
Comprehensive cover is the expensive plan between the three because it includes everything the other two policies include and more.
Third-party car insurance will only settle all the damages done to the third-party property. It will not cover your damages, it will have to come out of your pocket.
What is the Qualifying Criteria to get FNB Car Insurance?
- You have to be 18 years and older
- You have to be an account holder with FNB
- Or have vehicle financed through Wesbank
Conclusion
Various financial institutions in South Africa can assist you with car insurance. The banks are also offering you the chance to get cover for your vehicle with them, in this case, FNB is one financial services provider you can count on.
This is an informativearticle about what FNB can offer you. You can visit their website for more information.
Or you can read some reviews here
