About FNB Car Insurance
Car insurance is a necessity for anyone who owns or operates a vehicle in South Africa. It ensures that you and your passengers are covered financially should an accident occur, and can also provide peace of mind when travelling on the roads. There are many different types of car insurance available in South Africa, so it’s important to understand what’s on offer before making any decisions.
Compulsory Third Party Liability (CTPL) Insurance is the most basic type of cover available and must be purchased by all drivers in South Africa as per legislation. This cover protects anyone involved in an accident with you from financial loss due to injury or death. It does not pay out if your car is damaged, stolen or destroyed – this would need to be claimed under comprehensive coverage.
Comprehensive car insurance provides the highest level of protection against physical damage caused to your vehicle as well as other third-party vehicles involved in an accident with you, which includes theft and fire damage too. Some insurers may even include extras such as windscreen repair/replacement; emergency medical expenses; sound system replacement; funeral costs etc., depending on the policy chosen by customers
For those looking for more tailored coverage there are policies that allow customers to select additional benefits like roadside assistance services; legal representation following accidents; personal belongings cover etc .However these extra options will come at a cost – usually higher premiums than just CTPL alone
In addition it is worth considering excess payments up front should an incident occur – meaning lower monthly premiums but larger lump sum payments if something goes wrong
When shopping around for quotes it pays off to compare similar policies across providers – understanding how much each insurer covers their customer for could mean huge savings down the line should something go wrong It’s also important to make sure that all information provided during application process is accurate otherwise claims may be declined later down the line
Finally readers should always check what kind of exclusions they have when taking out any sort of Car Insurance policy Certain events like riots, acts terrorism or war might not fall under certain provider’s coverage so its worth double checking before committing
The bottom line being: research thoroughly online ; shop around ; compare quotes and then sign up
