How Inflation Affects the Car Insurance Industry in South Africa
Car insurance in South Africa is an industry that faces constant threats from inflation. Due to the rising costs of living, many people feel forced to the decision of cancelling other important expenses. Unfortunately, one of those expenses…
What is Excess in Car Insurance?
When it comes to choosing your insurance premium from the quotes you’ve received, don’t forget to compare the excess! Excess in car insurance is a cost that you have to pay the insurer. If you are involved in an accident, your insurance…
Making a Claim When Your Possessions Have Been Stolen or Damaged
Home contents insurance helps provide homeowners with peace of mind for their valuables. Any homeowner or renter has dealt with the fear of leaving the house and leaving their possessions inside. What if someone breaks in? Who do you call if…
How Car Insurance Premiums are Calculated
If you’ve been shopping around for insurance options lately, you may be wondering how car insurance premiums are calculated. Some companies look at different factors and include different things. In general, there are a few standards that…
What is a Road Accident Fund? (RAF)
As a vehicle owner or general driver on the roads, knowing about the RAF (Road Accident Fund) is imperative. Following road safety rules and regulations is in your best interest for the safety of you and your family, and for others on the road.…
What is third-party insurance?
When it comes to vehicle insurance, third-party insurance is usually less popular. Some people believe that comprehensive car insurance is the only type of insurance that’s necessary or worth a monthly premium. While this may make sense for…
Surprising Factors That Affect Your Insurance Premium
As a vehicle owner, you might be surprised at a few factors that can affect your insurance premium. We all know about the basic factors such as car model, daily driving distance, risk, etc. But did you know that there are a few other factors…
What Is Comprehensive Car Insurance?
We get a lot of queries about the different kinds of insurance and what they mean. Every vehicle owner should know the differences to help them determine which is best for their individual needs. Have you been wondering what comprehensive car…
What is a Balloon Payment on a Car?
If you’ve been looking around at buying a new car, or your first car, you’ve probably heard the term ‘balloon payment’ during your research. If you’re not familiar with it, then perhaps you’re wondering what it means? That’s why…
How Do Renovations Affect Building/Home Insurance?
Renovations are an exciting way to make your home feel new again. Whether you’re planning a complete renovation, an extension, or a simple addition to your house, it will increase your lot value. An increase in lot value will affect the monthly…