Hey, we get it. There are some stages in life when comprehensive car insurance just feels like it’s financially challenging … It’s not like you don’t want to get it, and you’d prefer to have it, but it seems out of your price range. So, when you stumble across the king’s royal third party car insurance, you think, ‘What a relief!’.
And indeed, third party car insurance can be a smart way to stay covered. That’s why we have the motto, some cover is better than no cover. Even so, you should be aware that third party car insurance has serious limits. It’s not an unfair policy; it’s intentionally designed to give you basic financial protection if your car is involved in an accident and when it’s not within your means to get the Full Monty for a wider level of cover. In our opinion, third party car insurance (especially that 1 we put together) does a bang-up job for what it’s designed to do. (We’re not biased.) (Well, maybe we are, but it’s for good reason.)
Let’s unpack what you’re really getting… And then you can decide if it’s enough for your situation.
Starting with, what’s covered
Consider third party car insurance as being there for the third party. The other person involved in the accident, because this policy only covers the damage you cause to another person’s car or property. This means that if you rear-end someone or reverse into a gate, we’ll pay for the damages to their property. But not the damages to your car.
Specifically, here’s what’s covered:
- Damage to another person’s car.
- Damage to public or private property, like fences, buildings, lamp posts.
- Legal costs if the third party takes action against you.
And specifically, here’s what you’re not covered for:
- Damage to your own car.
- Theft or hijacking of your car.
- Accidental damage to your own car (even if it’s not your fault).
- Fire or natural disasters.
When does this policy make sense?
Generally speaking, third party car insurance plays a quite an important role in South Africa. You know, in our country there are so many drivers who lack the financial means to get comprehensive cover, making third party a welcome option.
We’d say that third party is best choice if you’re really strapped for cash and literally can’t afford more than this basic level of cover. It’s also a good option if your car isn’t worth much and wouldn’t be financially viable to repair, or if you live in a low-risk area and drive infrequently.
Okay, but when is it not enough?
- You drive daily in traffic-heavy areas.
- Your car is relatively new or still financed.
- You can’t afford to replace your car if something happens to it.
The king has your back at every level
We’re proud of our array of car insurance options, giving more South Africans the chance to get cover for their cars. It’s definitely a useful option, offering basic protection for a time. Sooner or later, though, basic won’t be enough and when that time comes, chat to us about super affordable car insurance that does more for you and your car.
Our parting advice is before you sign up, think carefully about your car’s value, your driving habits, and your budget. Because peace of mind? That’s worth it.
Click here for a commitment-free insurance quote or you can WhatsApp us on 0860 50 50 50
