If you’re dipping your toes into the world of side hustles, maybe delivering groceries or doing the occasional freelance gig, your car has officially gone from hobby to hard-working asset.
But here’s the million-rand question: Is your insurance still on your side? Spoiler alert: Your everyday car policy might not cover you if your car suddenly becomes part of your business.
Let’s get to the bottom of this all-consuming question before you drive your business off into a world of risk and profits.
Know the limits of your cover
Let’s clear the air… Traditional car insurance assumes that you’ll be using your car for personal reasons, like going to work, the shops or to your holiday destination. However, once your car is integral to how you earn an income, you could be at risk because most standard policies don’t cover commercial trips (like deliveries and ride-sharing), passenger liability for paying customers, and damage to items you carry for work purposes.
In our kingdom, King Price covers cars for personal use and business use for specific occupations. But our royal car insurance policies don’t cover e-hailing, taxi work, or any commercial passenger transport.
So, if you were thinking of becoming the next big ride-share superstar, you’ll need a commercial car insurance policy from an insurance provider that specialises in this offering and includes passenger liability cover with their policies.
Now, let’s talk to the side-hustlers who are operating within the personal-use policy limits.
The key here is to make sure that your insurer (AKA us) knows what your car is doing. You know, sometimes all it takes is adding an optional business-use add-on to keep you covered.
Optional extras can be your best friend
King Price offers add-ons that’re perfect for side-hustle drivers, like cover for:
- Business-related trips in your personal car.
- Goods-in-transit for small deliveries.
These extras make sure your car is protected when it’s working as hard as you are… Without costing a king’s ransom.
Check before you hit the road
It’s tempting to just dive into a gig and hope for the best, but trust us. Clarifying your insurance before you start is cheaper than paying out-of-pocket for an accident or damage.
Without the right cover, an accident or mishap could leave you footing the bill for repairs, medical costs, or legal fees.
Always chat with your broker or King Price consultant to ensure your side hustle doesn’t become a side headache.
At the end of the day, your car should help your wallet, not drain it. With the right add-ons, King Price keeps your personal car protected while you make those extra rands safely.
Want to make sure your policy has your back while your car is in hustle mode? WhatsApp us on 0860 50 50 50 or click here for a quote… It’s quick, easy, and commitment-free.
FAQs
1. Does my regular car insurance cover delivery work?
Usually not. You’ll need a business-use add-on or specialised gig economy cover.
2. What is passenger liability?
This is where you’re covered for paying passengers if they’re injured in an incident involving the car you’re driving for work.
3. Can I add business use mid-policy?
Yes. Contact King Price to update your policy, but make sure to disclose the nature of your business to ensure this car use is covered.
4. Will my premiums increase?
Potentially. Adding business-use cover reflects the change in your risk, which influences the premium amount.
5. Is roadside assistance still included?
Yes. Roadside assistance is included with comprehensive car insurance, regardless of whether personal or business use has been selected, so you have peace of mind.