New Car Insurance Options

[jUgg3rnAutZA]

I am planning on buying a new car in the next few months and I am busy trying to understand the different finance and insurance options available. Wesbank has many different options such as Coverplus and Return To Invoice to name a few, however, I'm not sure which of the options I need to consider taking They all seem worth it, but in the end it bumps up the instalment tremendously.

So, a couple of things I would like to clarify are:
1 - Would it be necessary to take any of the Warranty options if a new vehicle already comes with a warranty?
2 - Which of the other options are considered the norm to always take?

 

[ahoudet]

Just make sure you have comprehensive insurance

 

[Enigma_]

Insurance is pretty hectic depending on your age. If you're between 18-25, they klap you for the risk factor, especially if you're a male.

I left off the unnecessary add-ons financial providers sometimes try to flog. Just basic insurance is what I have, and have a 3 year warranty on my vehicle which came standard with it. I didn't spend anything extra on extensions to service plans, or additional cover.

But you might want to check out which type of insurance would suit. The low premium offers sometimes comes with a downside of having to pay a certain percentage of the other persons vehicle if you were to damage it. So if you hit a Ferrari, you're screwed.

 

[RustyPrincess]

Just because you are getting finance through wesbank, doesn't mean you have to take insurance with them. You might find cheaper insurance with another provider. Financed cars require comprehensive insurance.

 

[jUgg3rnAutZA]

Luckily I am over 25 Thanks for the replies

 

[grim]

Get in contact with a insurance broker, they will be able to best advise you on what you need and will most likely get you a better rate than any of the "direct" insurance companies.

 

[Hemi300c]

Get in contact with a insurance broker, they will be able to best advise you on what you need and will most likely get you a better rate than any of the "direct" insurance companies.

Good advice take it.

 

[LCBXX]

Broker + Discovery Insure. Comprehensive cover with car-rental option - believe me the latter is godsend when your car needs to go in for accident repairs, so pay the tiny extra. Consider an extended warranty around 6 months before the car's factory warranty lapses; it will be a separate policy that covers certain mechanical faults on the car from a provider like Motorrite, not from your car brand.