Get Insurance
Buying a new or used car is exciting, but it comes with its own set of responsibilities. One of the most significant responsibilities that is frequently ignored during test drives and negotiations is obtaining the right kind of insurance for your new car.
Why is Insurance Important?
Financial Protection: Accidents can happen to even the most cautious drivers. Without insurance, you may find yourself facing enormous unplanned expenses. Proper coverage ensures that you will have less financial burdens in the event of an unforeseen incident.
Peace of Mind: Knowing you are covered provides peace of mind. Whether it’s a minor scratch or a major collision, insurance can help ease emotional and financial stress.
In South Africa, it is not a legal requirement that all vehicles on the road be insured, however motorists who drive a financed vehicle are required by banks to have car insurance as part of the finance agreement.
Remember, when getting a new or used car, that car insurance premiums are determined by several factors, such as:
- The car’s make and model
- The driver’s age and driving history
- Where the vehicle will be parked most of the time (safety measures)
- Intended use of the vehicle (private, business and/or commercial)
Start Early: Do not wait until the last minute to get the right car insurance.
Getting insurance when buying a new or used car is an important step in protecting yourself, your vehicle, and your finances. Starting early, exploring all of your options, and making informed decisions can guarantee that your car ownership journey is both exciting and worry-free.
Get comprehensive vehicle insurance, your vehicle is an important part of your life. Protect yourself against potential vehicle emergencies that could jeopardize your livelihood.
Moso Consulting Services ensures that you have the best protection in place to meet your specific car insurance needs.
Call us now on 011 768 6406 | Email: info@moso.co.za | Whatsapp: 066 351 6820
NB: The content of this article is NOT intended to provide financial advice to the subject matter. Specialist advice should be sought about your specific circumstances.