Insurance and Financed Vehicles

Defensive Driving Techniques to Avoid Accidents and Insurance Claims

If you want to reduce your risk of traffic accidents and the insurance claims that accompany them — which could cause your premium to go up — you need to drive defensively. Here are some driving tips to help you avoid crashes and stay safe on the road. Always Assume...

Avoid deadly distractions behind the wheel

Not texting is a start, but there's more to safe driving. Here’s the bad news: Distracted driving causes thousands of accidents every year, many of them fatal. The good news? If you're driving, it's 100% preventable. You've seen them around your city or town. You may...

10 Tips to Protect Your Car’s Suspension System

Your vehicle's suspension system ensures a smooth and safe ride, protecting critical components from wear and tear. Understanding and maintaining the components of the system is essential, not just for comfort but also for the stability of the car on rough roads....

The what, why and how of a Vehicle Identification Number

If you’ve ever bought motor insurance, you’re likely to have come across the terms Vehicle Identification Number or VIN and chassis number. You must wonder why insurance companies insist on having this information. That’s because VIN is like a genetic identifier for...

What Is ORVM In Car And How Does It Work?

When you adjust the side mirrors before driving, you deal with the Outside Rear View Mirrors (ORVMs). These mirrors are essential for safe driving, helping you see what’s happening beside and behind your car. This post will discuss what ORVMs are, how they function,...

How to Track a Vehicle with GPS: A Simple Step-by-Step Guide

GPS-based vehicle tracking is today, one of the most helpful tools since it can be employed by any individual or company who wishes to keep track of their cars, trucks or any other vehicle. Thanks to today’s cheap GPS tracking devices, a vehicle owner can easily place...

How To Rebuild Your No Claims Bonus After An Accident

If you’ve had an accident, it can feel like all the good work you’ve put into building your No Claims Bonus (NCB) has gone down the drain. But here’s some good news, you can rebuild it. Your NCB in car insurance works like a reward for safe driving, and that lovely...

Safety Tips For Driving In Floods

Often when we get stuck while driving through floods we panic and force through the water. Instead you need to stay calm and follow these instructions. Situation One: Water Level Is Above Tyre Level  When water level is above the tyre level it's no use forcing...

Car Defogger and How to Use Them?

Have you ever experienced your car windows and windshield suddenly fogging up? It can be scary since poor visibility may cause a dangerous road accident. Driving in the cold or rainy seasons can often lead to foggy windows. This is a common problem, and can quickly...

How to choose the right commercial insurance policy

Unpredictability is the only predictable thing about business right now. Over the past few unprecedented data breaches, and global pandemics have all taken front stage in the insurance industry. And no business is immune.  With the range of commercial insurance...

During this “lockdown period”, we have noticed across the board many clients have requested cancelling of their vehicle insurance, and approximately 80% of those clients have financed vehicles.

Remember comprehensive car insurance has been developed to HELP you as a vehicle owner. Simpy put, no insurance means you will have to fix your vehicle cash out of your own pocket AND if you damage another person’s vehicle, both the damages of their vehicle and your own will be your expense!

My vehicle is financed, i do not need a comprehensive insurance, You cannot be more wrong, if your vehicle does not have the relevant cover stipulated by your finance house , they will be likely to pick out an insurance cover for you and add that amount to your loan WITHOUT your consent, commonly known as forcible placed coverage.

Fine, i will just arrange a fire , theft and third party cover, Wrong again, ALL financed vehicles MUST have a full comprehensive cover or here as well you can be called out on breach of contract. You can not temporarily cancel an insurance policy – it simply doesn’t work that way. Since the vehicle is financed, most finance companies will require you to have full comprehensive cover.

For any assistance you may require, send us an email abbrokers@abbrokers.co.za, give us a call 0861 696 999 or send us a whatsapp 072 930 2743, we have consultants ready to help.