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Our team of experts are standing by to answer all your questions.
For you convenience, all claims can be submitted telephonically by contacting us on 041 004 2332.
An excess is payable in the event of a claim, even if you are not at fault. Our legal department will attempt to claim the excess back from the guilty party, however this is often a lengthly process and the outcome is not guaranteed.
The cost of insuring a new car can be more expensive than a slightly older or second-hand model. The price you pay depends entirely on the kind of car you want to insure, the insurer you choose to go with, and your personal info, like how long you’ve had your driver’s license and how old you are. s are refundable, subject to the terms and conditions of the car hire service provider.
The car insurance excess is the amount you will be required to pay when you make a claim on your policy. In other words, it’s the amount you agree to contribute towards the cost of a claim, with the insurer covering the remaining amount.
For example, if your policy has a R500 excess and you make a claim for R3,000 damage to your vehicle, you’ll cover the first R500 of the repair costs and the insurer will foot the bill for the remaining R2,500.
However, the amount of excess payable varies depending on a number of factors. Not only does the excess differ according to the policy you select, but you can also adjust your excess higher or lower to vary your premium amount.
Our consultants can you help you calculate the replacement value of all your belongings. Try to keep receipts of everything of value that you buy and take photos of items (and serial numbers of electronics) for your own records.
Building insurance does not include home contents insurance in South Africa. If you are renting, it is always a good idea to get your own home contents insured against fire, theft and weather damage.
Nova Insurance Brokers is an authorised and regulated Financial Services Provider, FSP number 50056.
