Car insurance is insurance for cars, trucks, motorcycles, and other road vehicles and although car insurance may additionally offer financial protection against theft of the vehicle. And possibly damage to the vehicle, sustained from things other than traffic collisions. Its primary use is to provide financial protection against physical damage and/or bodily injury resulting from traffic collisions and against liability that could also arise there from. 

And for most motorists driving without insurance is the norm due to not being able to afford car insurance. Well isn’t it reassuring to know that you can still protect yourself from a third-party claim by taking out third-party insurance for as little as R50 to R100 per month. While this amount will not pay for your own vehicle to be repaired, it will protect you should you bumper bash an Aston Martin!

For this type of insurance cover there’s Prime Meridian, which offers cheap car insurance through Cover Grow for only R99 per month. It insures any car and covers drivers from the age of 19 years. And it offers cover towards unexpected motoring accidents and losses. Accidents, theft and hijacking, fire or natural disasters and 3rd party liability protection of up to R500 000 is provided and there’s no vehicle inspection required.

Then there’s short-term insurer MiWay, which has an innovative product that can provide you with cover at a cost that suits you. With MiWay’s MiWheels Limited, you can insure your vehicle across all risks for an amount of your choosing, starting at R12 000 worth of cover with no excess payable. In essence, this product insures for the first portion of the damages, up to the limit of cover chosen.

MiWheels Limited is aimed at consumers who have older, unfinanced cars, who have never insured their car before or have previously been unable to afford car insurance. As some cover is better than no cover at all. It could also appeal to consumers who may not be able to afford their current fully comprehensive insurance cover.