Insufficient coverage, increased premiums and potential financial losses are just a few of the problems you could run into if you don’t get the right insurance cover.
Insufficient coverage, increased premiums and potential financial losses are just a few of the problems you could run into if you don’t get the right insurance cover. Fortunately, we’ve rounded up some common mistakes people make when getting car insurance quotes so you don’t make them too!
Moving house is stressful but don’t forget to tell your insurance provider! Updates to your personal information, such as your address, vehicle details or driving history can significantly influence your premium. It’s important to make sure your insurance provider has the most up to date information to prevent pitfalls like overpaying for coverage and inaccurate quotes.
Insurance providers often extend discounts and bundling options to customers meeting specific criteria, such as good driving history, multiple vehicles, or other insurance policies with the same provider. You don’t want to miss out so chat to your insurance provider to find out about any potential savings that can lower your premium rates while making insurance simple.
For example, if you insure two cars with Miway, you’ll get at least 25% off on the cheapest premium. Better yet, you’ll get up to 25% off home contents cover if you insure your cars and home contents with Miway.
Life happens. We grow and change and so should our insurance, so don’t neglect to regularly review your coverage. Things like purchasing a new car, having a child grow up and finally start driving it or experiencing a change in your financial situation are all factors that will affect your insurance requirements. To ensure you’ve always got adequate insurance coverage, review your policy at least once a year to identify your coverage needs and fill in any gaps.
Everyone wants adequate coverage and affordable premium rates – but don’t undervalue excellent customer service. You can find all three and the latter is just as important, especially in the event of an accident or claim. To find a supportive, responsive insurance provider that makes life easier, read online reviews, get recommendations from people you trust and engage with insurance representatives directly. For the record, we’re proud to say that, Miway Insurance is rated one of the top insurers in South Africa on Hellopeter.com .
Many car insurance policies go the extra mile and offer optional or included add-ons and endorsements. For example, if you have a car insurance policy with Miway, you’ll get to benefit from 24hr-roadside emergency assistance and WeDrive, our take-me-home driver service. In short, we go out of our way, so you can live your way!
Miway is a licensed non-life insurer and Financial Services Provider (FSP 33970).
