Morgoth
Executive Member
Ok , so do you think that it is worth insuring a car, accidents and break downs and maintenance doesn't come to often, compared to the monthly levies we have to pay insurance companies won't it be better to not have it?
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Car Insurance worth it?
- Thread starter Morgoth
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Morgoth
Executive Member
that is that thing they have to prove that it is my fault, when I have a accident make sure you never say "oops, sorry, my bad" or anything similar, in law its innocent until proven guilty, never admit its your fault!!!! If my statement lets say after a accident is contradicting then that insurance companies will have a hard time getting cash out of me. Besides that how often do accidents occur? I feel like insurance is a waste of money.
Pyro
Expert Member
You don't seem like a very honest person
They should make insurance compulsory. Even if it's only 3rd party.
Morgoth
Executive Member
actually it is, maybe you made a emergency stop and we were in close traffic? hmm, not really my fault is it,
it is not that I am not honest, but If I admit its my fault I shoot myself in the foot, the way I see it is that it is no ones fault that is why it is called a "accident". If I get into a accident then its my responsibility to claim against my insurance company is it not? If I can prove its not my fault its a bonus, I just don't fall for insurance company tricks and threads like most people do, yes I have seen a similar situation before, the companies can do nothing to you if they cannot prove it is your fault, a contradicting statement in court doesn't really mean anything if they want to use it against you. I just feel that accidents don't come along very often, serious accidents even less so If i bump my car lets say once every 2 years or so I feel it costs much less then paying the insurance premium up till there.
And another thing, how many of you had a big accident and afterwords the insurance company asked you to make a contribution? Despite that costs being less then your total premiums paid together. these guys are crooks nothing more really. The only time I see insurance handy is when my car is stolen. The rest of it, I don't feel is worth it.
Pyro
Expert Member
If you rear-ended someone in traffic, you were following at an unsafe distance. Your fault.
Even if you pay R500/month for 3 years, and get one bumper bashing, you could still save money.
R18k, and 20k damage for a bumper bashing is quite feasible. If the other driver also had insurance, you only need to pay his excess. So, total damage on both cars = 40K. 20K+1K needs to be paid from your side. 21K, and perhaps 5% excess depending on you package. So you paid in 3 years: R19k, and had 21k worth of damages.
If the other driver did not have insurance, you'd be liable for all his damages. So you'd be responsible for 40k of damages.
Finally: It's easier to rip R500/month out of your wallet than 21k on short notice.
web
Executive Member
As the others have said, you rear-end someone it is your fault.... Have you any idea how much it costs to fix a modern day car ? Clearly not R21,000 is like a bent front bumper and a dented bonnet, slightly dented at that.
It cost approx. R20,000 for ONE air bag that has deployed.
It cost approx. R20,000 for ONE air bag that has deployed.
Bondizzo
Expert Member
+ 1, I have driven without insurance for 6 months, but I reckon I should get third party insurance, there's no way I'm paying R500 plus for insurance, I'm already paying R250 a month for tracker. I feel humans have been put into a position where they have to fear so many things, that's when you most vulnerable and believe its a great thing to pay insurance.
Ou grote
Honorary Master
What if you get hit by a taxi, or you hit one?
You reckon the taxi driver is going to smile at you and offer to fix your car?
How about if you hit a Mercedes?
A pedestrian?
Cyclist?
And if your car gets stolen?
Good luck mate.
You reckon the taxi driver is going to smile at you and offer to fix your car?
How about if you hit a Mercedes?
A pedestrian?
Cyclist?
And if your car gets stolen?
Good luck mate.
Morgoth
Executive Member
that might be the case. I bumped into someone about 3 months ago, T-boned the women, I basically drove over the stop street at the blind corner into her, looked like my fault but my statement was still contradicting to hers, the total costs of my damage about R5000, it was a light bump , fixed most of it myself, now having insurance companies over your ass all the time saying you have to pay and its your fault, basically, case 1 : they come to you saying you have to pay. I tell them to read the statement, next case : they do the same thing saying that they have read the statement, so I ask them to prove it, it takes even longer and more money for them, they will come back with a law suit most probably , keep in mind I have no insurance. So ok, her costs is about 20k as mentioned , I still refuse to pay, this time I ask them to prove it and tell the same thing to their lawyers. their lawyers agree, its back to square one for the companies, If their lawyers don't agree I ask them what procedure they followed. at the end of the day its not worth it for the companies to sue me. Now saying a rear bumper is my fault is not the case, acording to the K53 driving instructions you have to look in your rear mirror before you make a stop, if its a emergency stop then you need to tell them what the emergency stop is for, and in this case it will not be my fault due to my slow reaction but rather the person/ truck in front of you. If you did look in your mirror you would have seen me. If they didn't then I can put in a counter claim. ok it can be my fault yes but you still have to prove it. Meaning the insurance company has a big job proving my statement wrong.
so the rule of the thumb is: If you have a accident make sure you do not admit it is your fault unless you want to screw yourself.
Morgoth
Executive Member
What if you get hit by a taxi, or you hit one?
You reckon the taxi driver is going to smile at you and offer to fix your car?
How about if you hit a Mercedes?
A pedestrian?
Cyclist?
And if your car gets stolen?
Good luck mate.
good luck getting any money out of the taxi driver, true but like I said accidents don't come along very often, of course I wont complain when I get hit by one.
If the car gets stolen sure that is a given, apart from that I don't see any other need for it. If I hit a mercedes it is the Mercedes driver's job to fix his own car. I will fix my own.
If you hit a pedestrian your screwed regardless they will always sue you and yes it is your fault, insurance wont save your ass there.
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web
Executive Member
That is the biggest load of Hogs Wallop I have read in a long time......
Morgoth
Executive Member
have you never have insurance companies coming after you for a accident even though its not your fault?
let me put it this way
you crash, you claim against the insurance company, they claim against me the person whom you crashed into, they get ****oll out or very little, they come back to you and ask you for a contribution.
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web
Executive Member
mmm No but then I have only been driving for 22 years so suppose I will have to wait a while longer hey ?
Morgoth
Executive Member
web
Executive Member
Nope besides my excess nothing. Wrote my R300,000 car off last year cost me R2500.00 in excess thats all. Try recover from that without insurance would be fun.
Morgoth
Executive Member
either you got a good insurance company or your damm, lucky how much do you pay in premium per month?
We had 3 family car accidents last year, murphy's law you know 2 of them were insured of those 2 we had to make contributions despite being with the company since we bought the cars back in 2001. The other accident being mine didn't have insurance, the damage wasn't that severe about R5000,
Lets see first guys who tried to screw me over : tow-truck guys, telling me the insurance company wont pay out if I drive the car after the accidents, so what do they do ? they tow in my car we tell them specifically to take it to location A , they take it to B, costing more money, the insurance company refuses to pay because they told us to take it to location A if we have a accident, of course they work that way don't they? try convincing them to release the car.
The next guys, our own insurance company asks for a contribution, ok sure its part of the deal we pay it.
The next guys phoning is is the insurance company of the person whom be bumped in saying it is our fault, naturally I tell him to take it on with my insurance company, few days later they come back , I told him to ****off in a nice manor.
2nd car, same story
3rd car, no insurance, It wasn't messed up and still going so I drove it back to my house. Now the insurance guys come on to me again, its my fault you know the whole story thing, I told them to go read the statement.
web
Executive Member
No I have a good broker thats all, installments were R423 pm.