Eric Insurance Explains the Top Considerations When Looking

Eric Insurance Explains the Top Considerations When Looking

MELBOURNE, Australia, May 20, 2022 (GLOBE NEWSWIRE) — According to leading car and motorbike insurance specialist eric Insurance, the top consideration when looking at car insurance options is how much it will cost to replace the car. Replacing a new or valuable car can be quite expensive, which is why vehicle owners should be looking … Read more

5 simple ways to make your car insurance more cost-effective

Even in two years of restricted mobility, if something that has continued to be an essential part of one’s life despite limited usage, it has to be one’s car. Whether or not you are driving, you always look out for even the slightest damage to your car. Just the way your car is an integral … Read more

How many times can you claim with Zero Depreciation Car Insurance?

Motor insurance has become a need of the hour today, with new models of automobiles launching, even in the EV space. Experts say it becomes crucial for a person to buy motor insurance along with the possession and pride of a new vehicle since a comprehensive policy protects car owners from repairs due to accidental … Read more

Long-Term, Short-Term Insurance Ombuds recovers over R400m in lodged disputes

Insured South Africans, whose claims are rejected by insurance companies, can file complaints with the two Ombudsmen depending on the nature of their dispute. FILE: The Ombudsman for Short-Term Insurance finalized a total of 10,879 formal complaints, with 43% of these related to motor vehicle disputes. Picture: thamkc/123rf.com JOHANNESBURG – The Ombudsman for Long-Term Insurance … Read more

Motor TP price hike to come in May is not sufficient to make up for inflation: Sanjeev Mantri of ICICI Lombard 

Touchless and contactless have become the new buzzwords in the light of the Covid-19 pandemic. Sanjeev Mantri, Executive Director, ICICI Lombard General Insurance tells Business Today how the insurer plans to create more digital means of servicing policyholders along with future plans and challenges faced by the industry. BT: What will be the growth drivers … Read more

Mistakes to avoid while buying fresh motor insurance and renewing an existing cover

Buying a new vehicle can easily be listed as one of the few most important purchases of a lifetime. Buyers ask around for opinions, plan their budget months in advance, and keep a tab on the latest features and models before they can finally make up their minds. So, quite understandably, nobody wants to see … Read more

Car Insurance Premium: 10 ways to reduce car insurance premium

When you buy a car, the convenience comes for a price. Besides maintenance, you also pay for the vehicle’s insurance, which has two components: ‘third party’ and ‘own damage’ or what is also known as ‘comprehensive’ insurance. While the former covers any damage or injury incurred by a third party in case of an accident, … Read more

The cost of car insurance is going up too—here’s why

This article is reprinted by permission from NerdWallet. The pandemic sparked a shift in the world of car insurance. Despite providing customers an estimated $16.4 billion in refunds, auto insurance profits increased as fewer Americans drove and the number of auto claims dropped. But the pandemic continues to shift the industry, and now an increase … Read more

Vehicle insurance premiums may increase from April – here’s how much it might cost you from 2022-23

Insurance premiums could increase from April this year, after a draft proposal by the government proposed hikes in third-party cover. If the proposal is passed, vehicle owners may have to shell out up to 21% more for third-party insurance. Insurance premium rates are usually revised annually, but the government had frozen rate hikes for two … Read more