Comprehensive Standard Bank car insurance covers you completely for theft, fire or third party accidents. Comprehensive cover means that nothing is left out. So, regardless of whether the accident is your fault or not, you will have some vehicle cover available to you.
Premiums are obviously more expensive for these additional benefits. Because the amount that will be paid out to you is likely to be higher than if you opt for just 3rd party liability or fire and theft cover. Accidental damage to cars happens all the time. There is nothing worse than having to bear the brunt of the costs on your own.
There are also alternatives to comprehensive Standard Bank car insurance. For example 3rd party liability and fire and theft cover. When you opt to only have third party car insurance, it means that in the event of an accident. When you were the cause, your insurance will pay out some money to the owner of the other vehicle.
However, if your car has sustained accidental damage you will have to cover this yourself. Cover for theft or fire damage is self-explanatory. But again the vehicle cover you receive is less than if you opt for comprehensive benefits.
Premiums are dependent on the condition of your vehicle. Also your previous accident history and your age. If you speak to your insurance broker they will be able to explain all of this to you.
Standard Bank has the highest bank charges of any bank in South Africa, and it’s likely that their insurance premiums will also be high. It’s always good to shop around before you select the package that you want. It is worth looking at the benefits you receive as well as the cost of the cover.
Standard Bank Insurance and Motorcycle Cover
Getting vehicle cover with Standard Bank insurance has never been easier. Standard Bank has revamped its look and image. And is currently reaching out towards young achievers to allow them to become successful.
This means that they are offering incredible packages for young people for both motorbike and vehicle cover. At rates that are more affordable than in the past. The cost of the insurance obviously varies depending on whether it is third party or fully comprehensive vehicle cover. If you have a car and want to take care of it then apply online for a quote to get your support structure started.
Insurance Cover is Important in South Africa
If you have a car or motorbike then getting vehicle cover with Standard Bank insurance is something you should certainly think about. Over 14000 people die every year on South Africa’s roads. Which means that the likelihood that you’ll have an accident is statistically significant enough to think about vehicle cover. It doesn’t have to be a huge monthly cost because there are various packages that you can choose from.
The cost will vary depending on the vehicle cover you need. This means that you can use your budget as a guide to the insurance that you can afford. And don’t have to get into debt at all.
Third party insurance means that if you have an accident, you will be able to cover the costs of the repairs to the other party’s car. You will not get into financial difficulty. But will be secured and in control.
Fully comprehensive insurance covers you in any eventuality. Including fire damage, theft or accident and the range of cover you can get will depend on your vehicle and your budget. It’s that simple. So if you want to take care of yourself and your car. Apply online to start getting vehicle cover with Standard Bank insurance.