Prime Meridian Direct know that just how important insurance is. Car insurance is a must for anyone who drives a car. It is not only a legal requirement if you drive a new car, but it can save you from serious financial trouble if you are ever involved in an accident. Vehicle insurance is coverage for automobiles, trucks, bikes, and other road-going vehicles. Its main function is to offer financial protection from physical damage or injury resulting from accidents in a car, as well as from liability which can also arise from other incidents in the car. There are several types of car insurance available for consumers according to their needs and preferences.
There are three car insurance options available in South Africa and all insurance will offer the option between the three. It is third-party only cover, third-party and fire/theft cover and comprehensive car insurance. The first is the cheapest option of the three and comprehensive cover is the expensive. The cost of purchasing insurance can vary greatly depending on the coverage offered and the company one is working with, so it is important to consider all of these factors before making any financial decisions.
Some people choose to purchase more than one type of motor insurance policy to ensure they have protection in place for different scenarios. This will increase both the cost and time involved in tracking down claims but can be a great way to save money in the long run. Other options to protect against bodily injury or property damage including personal injury protection, collision and comprehensive coverage. Some policies offer only insurance coverage, but this will not do anything to cover damage to your car in the event of an accident, so you’ll still need to purchase insurance to cover that. There are many ways to save money on car insurance, so be sure to discuss these options with your agent before purchasing your next automobile insurance policy.
If you are looking for a car insurance policy or want to get quotes to compare to replace your current insurer, apply here with us today. We can assist you with free car insurance quotes.