Purchasing one’s own first vehicle is one of the most rewarding things that you can ever achieve. Not only is it considered as a sign of independence, but it is also the fruits of your hard work paying off.
With this comes endless journeys and several opportunities like travelling long distances and going on family vacations, not to mention the advantage that it will give you when it comes to securing certain jobs in the market.
However, your journey to your destination will always be an uncertain one. According to the Automobile Association of South Africa, 12,436 people died on South African roads last year, with an average of 66 cars being stolen daily in this country, reports Business Tech. This is why it’s important to have your car insured to suit your lifestyle in line with your work schedule.
Here are some things you need to consider before choosing the perfect car insurance:
Compare car insurance quotes
The best way of ensuring that you make the right decision is by doing your research and comparing several different quotes to find the ideal insurer that will cater to your needs as well as your budget.
“Take your time to make the right decision and evaluate the options given to you. Insurers can provide you with a no-obligation quote where you receive a breakdown of costs based on the type of cover you select. Give yourself ample time to read through the Ts and Cs [terms and conditions] and ask someone to explain any terms to you that you don’t understand,” recommends insurance company MiWay.
Choose the right cover
The above-mentioned company also adds that it would be wise for first-time buyers to consider choosing comprehensive car insurance.
“This protects your car against any damage caused by accidents, natural disasters such as floods or hail, and theft. If you have a car older than 20 years, you may be more comfortable with choosing third-party insurance coverage. Speak to your insurer, identify your risks, and ensure you choose the best cover for your pocket and needs.”
Choose the right car
As a precautionary measure, it is important to choose a vehicle that is not considered “high risk,” this can increase your premium because of how common these cars are hijacked in the country or province.
Also see: How to change a car tyre