subject: The Need For Car Insurance [print this page] If you live in a country like South Africa then you really should have a car of your own. The public transportation system is not up to scratch and is really hard to rely on. Which means that there are literally hundreds of vehicles on the road on a daily basis. The problem is that many of these cars aren't insured. The main reason for this I because a majority of the South African population is poor and isn't able to afford to have insurance coverage of any sort. Which means that if you are able to afford auto insurance you will want to make certain that you get some organized as quickly as possible.
The main reason to obtain car insurance would be to protect yourself. Accidents happen. They are bound to happen and when they do the results can be devastating. You might end up having to pay to repair your car. Your car might be written off and you will still be responsible for any money that you owe on the vehicle as well as whatever automobile you purchase to replace the damaged automobile. This isn't a situation that you want to end up in. It can be financially devastating.
If you have car insurance, which you can easily get online, then a lot of this might be paid for by the insurance provider. Of course, you do have to ensure that you get the right kind of insurance coverage for your vehicle. If you have a costly vehicle then more comprehensive car insurance is the key. If you have an older car that does not have a very big resale value however may be costly to repair, then more basic car insurance is probably a much better idea because the car is much more likely to be written off. If the damage to an automobile will definitely cost much more to repair than the resale value of the vehicle then it's often written off. This is why older vehicles are more likely to be written off then newer ones.
Having auto insurance is a really good idea. It is definitely better to find the cash every month to pay for your vehicle insurance premiums than to have to try to find the money to cover the actual extensive repairs your automobile may require if it's involved in an accident. Even this is easier than trying to find the cash to replace a vehicle that has been so badly damaged that it is not cost effective to fix it.
As you can see, if you have an automobile and have even a small amount of money available each month, auto insurance is a great investment. It is designed to protect you financially and to enable you to cover any expenses that you may incur if you are involved in an automobile accident. It is true that you will likely still have to pay extra fees but they will be far less than the cost of the repairs or even the cost of replacing your automobile.
For more information on car insurance price quote, go to http://www.payasyoudrive.co.za.
by: Pedro Banbury
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