Affordable motor vehicle insurance cover policies are possible to acquire, but it often takes several quotes before you find the rate you’re happy with. In South Africa it is essential to insure your car. The high rate of vehicle accidents, and vehicle theft, mean that if you don’t have cover you will spend more money repairing your vehicle or replacing it than necessary. Companies don’t really offer ‘cheap’ cover, though many of them claim to. When you compare them, they are all more or less the same. The reason you choose the company you do should be because you feel comfortable with the rate and are sure you’ve found the right insurance for your needs.
Depending on the make of car you have you might find more or less affordable motor vehicle insurance cover policies, with extremely varying levels of cover. This is because in SA some cars are more likely to be stolen than others because their parts are easily transferable. In addition, particular colours of cars are more or less likely to be involved in an accident so this also influences the quotes you are likely to get. If your car was cheap, you might find that you can only get insurance up to a lower amount even though your premiums remain high. These are essential things you should compare between companies.
In most cases the rate won’t differ very much because insurers will place your car against a set of defined criteria and rate you accordingly. If you’re looking for miraculously cheap coverage it will normally only happen when companies offer specials. The industry standard is to get three quotes, but websites like the Hippo.co.za allow you to get eight quotes all in one go. That way you are more likely to find affordable motor vehicle insurance cover policies.