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Freak accidents involving animals topped the list of odd excuses for motor insurance claims with food-related mishaps in second place.
According to market research by Santam, short-term insurance policyholders are under-insured by about 45% on average and are putting themselves at serious financial risk.
But, due to drier conditions and the resultant increases in ground water usage, this is an issue which is becoming more prevalent, against which many homeowners are having to insure.
Car hijackings in South Africa are dropping in the wake of tough new action by police and a clampdown on re-licensing of stolen vehicles much to the relief of the public and insurers.
If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?