You have finally bought the car of your dreams, the Luxury Mercedes Benz. This stunning car that just screams with CEO factor. But now you realize how much you have spent and are wondering how you are going to insure your new Mercedes Benz?
Where can you get Car Insurance in South Africa?
One of the best places to get car insurance for your Mercedes and compare car insurance quotes is with a broker. An insurance broker has access to and is in contact with various different car insurance providers. They can help you with many of your questions and find the best product for you,
EU Brokers is a top broker with over 22 years of experience. They consistently help their clients find the right insurance cover for their needs.
Mercedes Benz Car Insurance Cover Options
There are multiple covers to suit a Mercedes driver. It is also important to take note of what type of insurance is required if you are financing the vehicle.
Third Party Cover – This cover covers the third party (i.e. other cars) in the event of an accident. Depending on your cover this can include damage to buildings and people as well. This is a very important insurance to keep as it can help you stay out of trouble if you mistakenly bump a Ferrari! Some insurers do put a limit on third party cover, and this is something you should discuss with your Financial Advisor or Insurance Broker.
Collision, Fire & Damage Cover – This is the cover for your own vehicle in the event of damage or a collision. This amount will cover the repairs of your vehicle or as stipulated in your insurance contract. It is important to note road and driver restrictions as this can play a major role in the price of your cover.
Good In Transit – This is one people don’t often know about. This is the cover for your stuff in your car such as your sell phone, laptop, or sports equipment being carried. This is an extra often found in car insurances. It is important to note what type of items are covered at some insurers do not cover electronics for example.
Theft Cover – this is as it says. If someone steals your car, they will help you recover it and/or pay you out. This is dependent on your cover.
Personal Liability – this cover is for yourself and others in the car. This will cover you and/or them in the event of injury, disability or death.
A lot of these cover options are bundled into one contract or product such as Comprehensive car insurance or Theft, Fire & Third-Party Cover. However, it is important to read through your contract and understand what is and is not included in the cover.
Get a Broker!
A broker is the best person to analyze and match your needs to the best product for you. They can also help find the right price and cover option to suit your needs. We understand how important your Mercedes is to you, and will help you to find the best cover for it!