Everyone knows the dangers of not having basic car insurance and the pitfalls of possibly breaking down in a remote area and feeling the despair of “Why did I not consider breakdown insurance?” As usual we all think that type of incident happens to other people, but when reality hits and you are sitting in the middle of nowhere, what are you going to do and who are you going to call – and what is it going to cost you? In South Africa, we are living in trying times with rather high crime rates, roads full of potholes that you don’t see until your car gets stuck in one of them, and together with other costly living expenses, your salary needs to be wisely split up in many ways. You need to make sure that you have the right insurance for cars.
Many companies do offer mechanical breakdown insurance or what is probably called an extended warranty whereby the premium for this is worked out against the age of your car and the number of kilometers on the clock. Expensive repairs to your car can also be taken care of by your insurance company once your car is out of the warranty it had when you purchased it. Things like faulty power steering, the breakdown of the air conditioning, the prop shaft or electrical failure can really take a sizable chunk out of your monthly salary. There is no way you can continue to drive the car with any of these problems, maybe the air conditioning is not so serious, but with the heat increasing in our country, it could be a necessity to some people. Plain car insurance does not cover electrical or mechanical failure, so you have to be aware of exactly what is covered in your policy so that you do not end up with a huge expensive bill to pay.
Insurance for cars is a non-negotiable expense – it is essential to be covered. Some companies offer policies that take care of your medical expenses should you be in an accident or are disabled – or heaven forbid – killed. And don’t kid yourself, medical expenses can mount up very quickly depending on the severity of the injuries. More often than not, there are certain medical specialists and procedures that will fall outside of your medical aid cover. Serious injuries can prevent you from ever going back to work and then what are you going to do? You need a policy that gives you and your family a payout simply for living without your income. In the event that you are unfortunately killed – there is also a payout policy that will take care of your family for you. So put your mind at rest and inquire about these car insurance policies sooner rather than later