Household Motor & Commercial Insurance South Africa

MOTOR INSURANCE

Please note that this is a STAND ALONE section and not every Insurer is offering this cover. You should also be aware that MOTOR ONLY , can be expensive in all regards. The reason for this is that it is a non-supportive (STAND ALONE) section.

However the premuim can be much less expensive and affordable once you add on additional risk cover mainly your house contents or home building insurance.

The Premium for the above can be affected by various loadings being:

Area you residing
Safety standards of where the vehicle is parked overnight.
Age of Driver and how long s/he has had a driver's license.
In some cases, your excess will be loaded to bring down your premium.
How long you have had insurance and your accident record over a period of 3years.
Security measures on vehicle - ALARM , GEARLOCK , VESA Approved IMMOBILIZE, TRACKING DEVICE - This will also affect your Premium.
Is your Vehicle(s) for Private or Business use?

These are some of the Questions that may/may not affect your Premiums. It would be very helpful for you to comply and be true with all the information that may be requested from you by the Insurers/Underwriters and prevent your claim from being repudiated in the future because of NON DISCLOSURE.

COMMERCIAL RISK INSURANCE

The above section should cover every aspect of your business that is at risk. In every aspect of the request of this cover, it is very important that a Consultant visits your business premises, to assess the nature of your business and to set some requirements. May it be Safety Standards or Security Measures, that are requested from the Insurers. Should you comply with the requirements, a quotation would then be forwarded to you. See some of the sections offered:

Fire Section
Theft Section
Office Contents
Business Interruption
Money
Glass
Fidelity Cover
Goods in Transit
Public Liability
Electronic Section
Business All Risk
Machinery breakdown
Stock in trade

Special Risk Insurances:

Broadform Liability Cover
Directors & Officers Liability Cover
Contractors All Risk Cover
Suretyship/ Guarantee Bond Cover