INSURANCE CONSULTANTS

Get advice from insurance consultants when you shop for a policy

Since the theft and accident figures are so high in South Africa, the question is not whether you should get car insurance, but to what extend you need cover through your insurance consultants. The Redisure insurance consultants have extensive knowledge and several years experience in identifying risks and helping clients to make decisions about the best policies for their needs.

If you have doubts about the correct level of coverage you can contact the Redisure insurance consultants for free and objective advice.

• List factors that may have an influence on your policy premiums such as:
• Type of vehicle that you want to insure.
• Model, make and manufacturing year of the vehicle.
• Color and availability of body shells for the vehicle in case of damage to the car.
• Place where the car will be parked in the evenings for instance, in a secure area or on the street.
• Residential address – do you stay in a suburb, town or central city district? If you stay in a suburb or town you will pay lower premiums.
• Nominated drivers – will only you or other people drive the vehicle and for what purpose?
• How many kilometers do you estimate you will drive every year?
• Will you carry passengers for instance, your children?
• Will you drive in high risk areas?
• Where will your car be parked during the day?
• Will you use the vehicle for private use such as driving to work?
• Will you use the vehicle for business purposes? If so, you will pay a higher premium.
• What is the market value of the vehicle?
• Will you need financing for the car? If so, you should also consider gap insurance.
• How long have you been driving and what is your age?
• Do you have a clean driving record?
• Is this the first time that you obtain insurance?
• Do you perhaps have a record for not claiming that may qualify you for a No-Claims Bonus from insurance consultants like Redisure where clients are rewarded?

Once you have listed your answers, you will be able to identify ways to lower your premiums such as moving to a safer area, purchasing a less expensive car or getting secured parking for your vehicle.

Determining your needs

• Decide what your particular needs are since this will help you to decide what level of coverage will be needed:
• Do you already have comprehensive health coverage that includes cover for injuries sustained in an accident to you and your loved ones? If you do have, then you can consider the Redisure Third Party Only or Third Party, Fire and Theft Cover instead of the Comprehensive Cover.
• Decide on the level of liability cover that you require. It is called Third Party insurance and if you obtain finance for your vehicle, you must get at least this level of coverage. It includes cover for liabilities to other parties and their properties when you are the cause of an accident. If you don’t have it, you will be liable in your person for all costs of injuries sustained and damages to the third parties and their properties. This can ruin you financially.
• If you plan to carry passengers at a fee in the vehicle, you will need to get 2nd party insurance available through Redisure. This covers you against lawsuits and expenses due to injuries of passengers, including unauthorized paying passengers. It also covers medical expenses as a result of an accident.
• If you plan to travel a lot, you will need to think of Comprehensive Cover available through Redisure since your hotel expenses as the result of an incident are covered through this policy.
• The Redisure Comprehensive Cover also covers damage to the vehicle caused by the malicious actions of another person or as the result of a break-in. Break-ins can cause damage to the vehicle locks, but with this cover your lock replacement costs are paid. If you work or live in a high risk area you should consider this policy since it also covers theft of your vehicle.

Use this information to get an idea of what cover level you need and contact your Redisure zero commission insurance consultants to help you determine how you can lower your premiums.