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King Price Insurance tells us why you need car insurance – and how to choose it – PRNewswire

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It covers your damages in an accident

There are around 12 million registered vehicles on South Africa’s roads. Of those, only 3 out of every 10 are insured. So, if you’re involved in an accident, you’ve got a 70% chance of the other party not being able to cover any of the damage to your car. So, you insure yourself. Simple.

It replaces your car if it’s stolen

Around 83,000 vehicles were stolen in South Africa in 2018 and 2019.

If your car was stolen today, would you be able to replace it? If not, you should insure it. Also, if you’re financing your car, the lender will require you to have insurance.

It pays for life’s little ‘oopsies’

Imagine someone bumps your car in a parking lot, you get caught in a hailstorm, or a stone that shatters your windscreen. If you’re not insured, these could be costly incidents. Insurance smooths over the worst of the pain.

So how do you make it as quick and painless (and cost-effective) as possible? For a start, choose the coverage you want.

  • Comprehensive car insurance – As the name suggests, it covers everything. Accidental damage, write-off, theft and hi-jacking, and any damage that you may cause to other cars, property or…



Read More: https://www.prnewswire.com/news-releases/king-price-insurance-tells-us-why-you-need-car-insurance–and-how-to-choose-it-300995595.html

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Source: https://www.prnewswire.com/news-releases/king-price-insurance-tells-us-why-you-need-car-insurance–and-how-to-choose-it-300995595.html

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