I would like to know. If i insure my radio for R3000 is this the amount you will pay out if its stolen?
Any item specified on your insurance policy needs be covered for the replacement value. If the item is stolen the insurer will obtain replacement quotes in accordance with the items specifications (make and model). The insurer will then pay the replacement or insured value (whichever is lesser), less any applicable excess.
Please note that the insurer reserves the right to replace or pay cash in lieu.
Car Insurance Additional Information
MiWay offers flexible car insurance to cover losses primarily due to an accident or theft.
In addition to accident or theft, comprehensive car insurance in South Africa covers losses due to fire and explosion, natural disasters like hail and floods and damage to the vehicle’s glass.
Additional options such as car hire and cover for non-standard sound systems and car accessories can also be added to your car insurance policy.
Start saving today! Request a call-back and we will call you to complete an obligation-free insurance quote from one of our agents. Alternatively use the Online Quote option where you can earn rewards and save on joining fees by completing insurance quotes online and buying insurance online.
