The main reason we take out car insurance is so that we are covered in case of an accident. But do you know exactly what you are covered for?
Tag - insurance excess
Insurers are becoming more enthusiastic about suing uninsured drivers to recover costs. If you are uninsured and crash into another vehicle causing damage amounting to thousands of rands, you are liable for those repairs. Even if the other driver was insured, his insurance company will go after the guilty party and if you are not insured, they...
There are so many different excesses that taking out an insurance policy can be a minefield.