“Ag no man, you don’t need car insurance.”
You may have heard friends say something along these lines. Well, according to reliable sources, between 65 and 70 percent of registered cars on our roads do not have car insurance.
This staggering statistic essentially means that if you’re involved in an accident, chances are that the owner of the other vehicle will not have insurance.
If you’re thinking of applying for an online insurance quote, have a quick look at some of the worst advice you may have received about insurance:
It’s okay to omit, you won’t get caught
What the insurance company doesn’t know won’t hurt them – but it might hurt you! Never lie to your insurer.
If you are not truthful when requesting your insurance quote, it will definitely complicate things when you have to submit a claim. Be honest about everything, including who drives your vehicle and where it’s parked at night. This will avoid claims being denied.
Settle for the cheapest option
The truth is, we are always looking to save money, and by choosing the cheapest insurance option you may spend less monthly. But sometimes, the cheapest option could cost you in the long-run. Make sure you review your insurance policy before making a final decision.
You could consider things like: do you need comprehensive cover? Is your car paid off? Do you want to insure everything you carry around with you on a daily basis – like those brand new prescription sunglasses? The answer to these questions will determine exactly which kind of cover you should get.
Car insurance is just unnecessary!
It’s always better to be safe than sorry. Comprehensive car insurance prevents you from having to fork out huge sums of money in the unfortunate event of an accident. And, while you’re considering car insurance, you should probably also be considering life insurance to protect and take care of your loved ones.
All insurance companies are the same
This is not true. Different insurance companies have different rates, benefits, discounts and terms and conditions. When you’re still “insurance hunting” the best thing to do is to visit the social media pages and website of the companies you may be considering. This way you’ll be able to see if they offer policies that are tailored to your needs and see reviews of current and past customers.
Do yourself (and your family) a favour and consult with an advisor or representative of the company before making a decision. This way you’re sure to receive accurate information and sound advice based on your insurance needs.
Digital Editor at woman&home magazine, F1 Fan, Chocoholic.