Motor insurance tips
Many people find the insurance aspect of securing their vehicle against theft, loss or damage overwhelming as there are so many variations of cover and costs available. “Without the financial experience of what insurance is all about, a D-I-Y approach is challenging when trying to figure out why the quotes you receive vary so radically in premium price, what’s covered and more crucially what is not covered, what the terms and conditions of the cover are, if any exclusions exist and why, and how much your excess will be – the cash sum you are liable for upfront if and when you need to claim,” explains Mandy Barrett of insurance brokerage Aon South Africa.