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Home»Biz News»Saving Money on Car Insurance
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Saving Money on Car Insurance

EditorBy EditorJuly 10, 2014Updated:October 10, 2018No Comments2 Mins Read
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We all want security and peace-of-mind when it comes to our Car Insurance. In This Article we will briefly cover some tips on how to save on your Short-Term insurance.

Unfortunately, there are numerous unplanned, unforeseen and unavoidable risks we frequently face with regards our hard earned possessions.

Should you have a loss or damage to your car, home or business possessions, you want to be adequately compensated and covered without having a financial impact on your budget or savings.

Short-Term Insurance covers an individual’s financial risk should they have a loss or damage to their property, vehicle, assets or valuables.

The most common type of Short-Term Insurance is Homeowners Property, Household Contents, Vehicle and Public Liability Insurance. By having Short-Term Insurance, an individual moves their risk of damage or loss to an outside party, namely an insurer.

By paying a regular premium to the insurer, the insurer offers to pay an agreed sum of money should the individual have a loss or damage to their possessions.

A Premium is determined by an individual’s risk profile. A risk profile is determined by age, gender, marital status, driving record, previous claims, value of possessions, address, security, etc. The greater an individuals risk profile, the higher the premium.

Short – Short-Term Insurance is the only process whereby you can insure against losses and ensure a compensation for theft, loss or damage.

Should you require your Short-Term Insurance reviewed, contact one of our advisers today. Our various affiliate brokerages and ad-visors nationally deal with South Africa’s leading Short-Term Insurance companies.

Which simply means they are able to offer you the best and most competitive rates possible

car insurance how to save on car insurance insurance
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