If you’re shopping around for car insurance, you may have come across many mind-boggling terms and complicated offerings. But, don’t let the lingo stop you! Car insurance is important, and it’s a good idea to weigh up all your options before you decide.
Let’s take the matter of comprehensive insurance vs third party insurance. What exactly is the difference? And which one is right for you?
Who exactly is this third party?
While the word “party” can sound inviting, third party car insurance isn’t all fun and games. Basically, the “third party” refers to anyone who has lodged a claim against you because of loss or damages incurred to their vehicle, usually the driver of a car you were involved with in an accident. If the accident was your fault, this insurance will cover the third party’s costs.
But, third party car insurance doesn’t cover your own damages or repairs – that has to come out of your own pocket. While this may sound unappealing, it does have some benefits. For one, third party car insurance is usually much lower in costs than a comprehensive plan. If your car is old and lower in value, or if you don’t drive very far or very often, this type of insurance could be a good fit for you.
How comprehensive car insurance is different
Comprehensive insurance does what it says on the tin: it offers full coverage against events like accidents, fires, theft, repairs, third-party claims, and other mishaps. Some options even include add-ons like cash-back and medical cover. So, all in all, comprehensive car insurance is pretty… comprehensive.
Due to the large variety of events covered, comprehensive insurance can be expensive. That’s why dotsure.co.za family members will be pleased to know that when you insure with us, you get to pick and choose exactly what you’re covered for with our amazing Name Your Price™ comprehensive insurance product. That means you’ll never overpay for features you don’t want or be left without add-ons you might need.**
From car insurance at a price you pick with Name Your Price™ to superfast claims pay-outs, choose dotsure.co.za and get everything you wished car insurance could be – all online, anytime.*
*T&Cs and certain exclusions may apply and can be obtained by emailing u2us@dotsure.co.za. Risk profile and policy dependent. Price and cover limits are subject to change and dependent on plan selection.
