Car insurance policyholders are waiting with baited breath to see how insurance companies are going to deal with the rising costs of accident repairs. Although no indication of increases in car insurance premiums has been given by any of the major insurance companies, the increase of 37 % on two-thirds of all imported replacement parts…
Category Archives: Articles
Insurance Agents and Insurance Brokers
As part of your long term insurance plan, you will want to be sure to develop a good relationship with a professional insurance agent or broker. Both offer consumers a gateway to insurance companies and both charge fees for doing so. The following describes the differences between these two professions. Insurance Agents The more common…
Do I Need All Risk Cover?
Do I need All Risk cover? Yes, you do unless you buy cheap sunglasses at the market, don’t own a laptop and own a pay-as-you-go el cheapo cell phone you don’t mind replacing secondhand out of your own pocket. Like it or hate it, insurance offers you peace of mind against that “Oh no” sinking…
Avoid Bad Insurance Brokers
An insurance broker is an insurance professional that works on behalf of the insurance buyer, rather than for an insurance company. They are independently employed and work on a commission. When searching for a qualified broker there are several basic steps you should take to ensure your are doing business with a reputable company. Interview…
A Guide to Buying Insurance On The Internet
Competition in the insurance business is at an all time high. With the advent of the Internet, insurance carriers have developed a multitude of ways to advertise to reach their customers. Buying insurance online essentially adds a third choice to the traditional two choices that have always been available, direct agents and independent agents. The…
What to Do if Your Car Catches on Fire
A fire in one’s car or is a frightening experience and can be extremely dangerous if not handled correctly. A significant percentage of smoking vehicles leads to serious consequences and most car fires could be avoided with proper car maintenance as 75% of car fires are caused by bad maintenance as opposed to car accidents….
Don’t Get Caught With Too Little Rubber On The Road
The lack of serious attention to road safety by motorists and other key stakeholders, especially during the holiday season, poses a serious threat to the South African economy, rendering efforts to battle increasing deaths on our roads futile. The level of roadworthiness of vehicles on our roads is a major contributing factor and the condition…
Choosing an Insurance Company
If you are considering an insurance purchase for your home for the first time or if you are considering making a switch from your current insurance carrier to a new one, there are several ways to research the quality of various insurance companies. New Homeowners If this is your first endeavor into owning a home,…
Comprehensive Car Insurance – What You Need to Know
Many people purchase vehicle insurance with the misconception that their insurance policy will pay out claims irrespective of the circumstances surrounding the claims. These people are then disillusioned when the need arises to claim and their claims are repudiated. Insurance companies can only repudiate a claim in accordance with the policy agreement as the policy…
The Benefits Of Direct Insurance
Immediate access, functionality and communication demanded by consumers in today’s fast moving world, has given the direct insurers an ever increasing share of the short-term insurance market. Although South Africans are slightly behind their overseas counterparts, shopping on-line is rapidly growing in popularity in South Africa. People plan their entire vacation, shop for groceries and…