It is extremely important that you have car insurance so that you can protect yourself in case you have an accident. It not only protects you, but it also safeguards others that may be riding in your car. In addition, car insurance covers family members that may also drive the car.
Car insurance does not just protect you. If an accident occurs, the insurance covers you, your vehicle, and any other people that may have been involved. There are different policies that you can purchase depending on what amount of coverage you want.
Car insurance possession rates in South Africa have always been extremely low, with less than thirty percent of car owners having an insurance policy. In other countries car insurance is compulsory.
