South Africans Take Gamble On Car Insurance |
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Car insurance is vital. In fact, in most countries you are not allowed to drive without vehicle coverage. But in South Africa motorists are willing to gamble by driving without car insurance, even though there are over one million accidents a year on the roads here. The statistics when it comes to driving conditions in South Africa are sobering. Not only are there one million accidents involving millions more vehicles, but South Africans are 10 times more likely to die on the road than Australians or citizens of the UK. The worst statistic of all: Only 35% of South Africans have sufficient car insurance, according to the latest studies. This is inexcusable especially when you consider the advent of affordable car insurance policies offered by new direct insurance providers such as Dial Direct. In the event of a car accident motorists that are held responsible for casuing that accident can face financial disaster if they do not have an insurance policy. You could end up being liable for all vehicle repairs, not to mention compensation for any injuries sustained to other motorists. Car accidents cost the South African economy over R12 billion each year, and insurance companies pay out over R7 billion in claims related to motor car policies. Related Insurance Articles: * Lapsed Insurance Policies Costs South Africa Billions * Life Insurance Policies In South Africa And Who Should Have Them * Santam Insurance Ranked Top Insurance Broker In South Africa * Budget Insurance Offers A Smart Alternative To Motorists * Car Insurance Premiums In South Africa Rising * South African Insurance Policy Owners Are Underinsured! * Cheap Premiums From South African Insurance Companies 
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| 3/14/2010 7:05:56 AM | |||||||||||||||||||||
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