Car and Home Cover
Protect yourself against the costs incurred from an accident or the theft of your vehicle, damage to or theft from your home.
Review and compare your cover on an annual basis to ensure you have the cover that suits your personal needs at the best possible price.
If your vehicle or home is financed, and you do not have the appropriate cover in place, it will result in a breach of contract which will put you at risk of the credit provider adding compulsory cover to your instalment, or your vehicle or home being repossessed.
- Protection against costs incurred from damage to or theft of your vehicle, damage to or theft from your home
- The best cover at the best rate
- Protection if your vehicle or home is financed
Frequently Asked Questions
This cover is even more important if the car or home is financed. Should the car be written off or stolen, or the home damaged, you are still liable to pay all outstanding debt owed on these assets to the bank. Should you not have cover for a car or home that has been financed, it could result in a breach of contract where the bank financing the car or home will add compulsory, potentially more expensive cover to your monthly instalment, or even have your car repossessed.
Should the insurance cover lapse or be cancelled, you will be in breach of contract. The bank financing the car may force debit your account with their preferred insurer to protect themselves. They may even repossess your vehicle until proof of insurance cover is provided.
To protect yourself against a claim for compensation for injury, death, property damage caused by your car, otherwise known as third party liability insurance. This cover is the most affordable but necessary cover to consider. Liability claims can easily be up to one million rand, which can place you under huge financial strain.
Over time, your circumstances and needs change. You get married, relocate to a different city, move house. Each of these may impact your premiums. It is important to update your insurer with these details. You could save on your premiums and avoid any possibility of a claim not being paid.