Which Car Insurance is Best?

There are many car insurance companies to choose from in this day in age. Whether you see them driving with happy customers on TV or see them giving you cash back for driving well. Everywhere we look there is another car insurance company offering us something bigger, better or cheaper. But which of these companies is the best?

While there is no best car insurance for everyone, we can certainly look at metrics to helps us determine which ones are good and which ones are not. We must stress the importance of finding the right insurer and cover for you. Speak to a broker who can help you compare different offers to find what is right for you! Need a broker? Click here!

Who are the best?

According to a study on BusinessTech, the industry standard customer satisfaction index in 2020 was 79.9 out of 100. This study was conducted in 2020 and was done through SAcsi. SAcsi polled 2600 customers who had short term insurance to find out their satisfaction.

The results were very interesting and insightful. The top 3 results came as follows:

  1. OUTsurance – 82.3 out of 100
  2. Virseker – 81.7 out of 100
  3. Old Mutual Insure –  81.3 out of 100

These companies have shown through this study to provide the best service to its customers.

Are there any that you should avoid?

While we always want to look for the bad companies or the companies to avoid, in this case there aren’t any. Due to the fact that the study was small at only 2600, it is not definitive. The other fact to take into account is that the bottom 3 companies scored above 75 out of 100. While these companies still have some work to do to catch up to the likes of OUTsurance, they are not bad companies and could offer you the right cover and the right price.

The best way to determine if a company is for your or not is to look at the cover. Does the cover suit your needs? Is the premium within your budget? Is the company a registered Financial Services Provider in South Africa?

If you can answer yes to all of these questions, then it may be a good fit for you!

Where can I get insurance cover?

One of the best places to get insurance cover is from a broker. An insurance broker is a licensed and experienced professional who has studied to be able to provide you with adequate and responsible advice. These brokers earn off of commission and therefore, the process will not cost you any extra money. In fact, some studies have shown that working with a broker can indeed save you money!

Talk to a broker today!

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