The Top 10 Best Car Insurance Companies in South Africa

Finding the best car insurance in South Africa is not easy. However, at Quick Read Magazine, we’ve written the Top 10 Best Car Insurance Companies in South Africa to help you decide. At Quick Read, we understand that owning a car exposes you to a lot of financial risks. A car insurance in South Africa is a MUST-HAVE because it helps you lessen the chances of facing financial problems as car insurance covers damage to your car and other circumstances in which you would be liable to pay medical expenses and other bills.

Choosing the right car insurance provider in South Africa is very important and shouldn’t be based only on how much you will be paying. Check if the car insurance company provider covers all your needs by asking for car insurance quotes.

ALSO READ: What Are Types of life insurance in South Africa?

The Top 10 Car Insurance Companies in South Africa

Here is list of the best car insurance companies in South Africa for 2023 based on car insurance review websites in South Africa:

  1. Budget Insurance Car Insurance
  2. King Price Car Insurance
  3. Auto & General Car Insurance
  4. PMD Car Insurance
  5. OUTsurance Car Insurance
  6. MiWay Car Insurance
  7. iWYZE Car Insurance
  8. 1st for Women Car Insurance
  9. Discovery Insure Car Insurance
  10. Momentum Car Insurance

1. Budget Insurance Car Insurance

Budget Insurance is one of the most popular car insurance companies in South Africa. The car insurance provider provides several affordable car insurance options including comprehensive, third-party, fire, and theft, and third-party only insurance. Budget Insurance has offered the South African public the opportunity to enjoy great insurance products at low low premiums. For car insurance quotes, visit their official website at budgetinsurance.co.za.

2. King Price Car Insurance

King Price Car Insurance is the only car insurance in the world that decreases monthly. It is one of the best car insurance companies in South Africa with thousands of members. It is the only insurer to offer premiums that decrease monthly as your car loses value. For car insurance quotes, visit their official website at kingprice.co.za.

3. Auto & General Car Insurance

Auto & General Car Insurance offers comprehensive cover, which helps you prepare for unexpected eventualities, paying out for accident damage, towing and storage, theft and hijacking, hail damage, and third-party liability. The car insurance company also has the option to take out car hire with this plan.

If you have caravans, trailers, motorcycles and watercraft, Auto & General Car Insurance also have the cover for that. For car insurance quotes, visit their official website at autogen.co.za.

4. PMD Car Insurance

Prime Meridian Direct (PMD) Car Insurance is one of the best and cheapest car insurances in South Africa. PMD’s car insurance range offers you affordable benefits that can be customized to your needs. They offer comprehensive car insurance for your car with excess that reduces to zero and fixed premiums. There’s also a customized cover, as well as the Third-party PLUS plan, which includes a growing cover benefit that also protects your car in the event of an accident. For car insurance quotes, visit their official website at prime.co.za.

5. OUTsurance Car Insurance

OUTsurance is the biggest insurance provider in South Africa. You can get a comprehensive cover for your your car and enjoy their full range of great benefits, such as a fixed excess, 12-month guaranteed premiums and their famous cash OUTbonus. Plus, enjoy the backup of 24/7 roadside assistance. For car insurance quotes, visit their official website at outsurance.co.za.

6. MiWay Car Insurance

MiWay Insurance is the first South African-based direct insurance company to offer the purchase and administration of short-term insurance policies online. MiWay Car Insurance is one of the best car insurance companies in South Africa. MiWay car insurance offers comprehensive car insurance plans, affordable premiums, great customer service, and easy-to-understand excess amounts. For car insurance quotes, visit their official website at miway.co.za.

7. iWYZE Car Insurance

iWYZE Car Insurance provides clients with a wide range of car insurance options including including comprehensive, third-party, fire, and theft, and third-party only cover, along with several handy benefits. Your Old Mutual iWYZE Car Insurance cover goes beyond just your vehicle to also include yourself and your precious cargo, providing additional protection against unforeseen road emergencies. For car insurance quotes, visit their official website at iwyze.co.za.

8. 1st for Women Car Insurance

1st for Women Car Insurance is specifically designed for women in South Africa. 1st for Women Car Insurance offers comprehensive cover, third-party, fire, and theft cover, third-party only cover, and BetterCar. For car insurance quotes, visit their official website at firstforwomen.co.za

9. Discovery Insure Car Insurance

Discovery Insure Car Insurance cover gives you the option to join Vitality Drive, their driver behaviour programme that rewards your good driving while keeping you safe, with state-of-the-art safety features. You get comprehensive insurance cover for your car, at highly competitive rates and enhanced benefits with their customized plans. For car insurance quotes, visit their official website at discovery.co.za.

10. Momentum Car Insurance

Momentum car insurance provides financial protection against loss of, or damage to, the vehicle fleet that you use to run your business. With Momentum car insurance, you can get up to 30% cashback and discounts at their retail partners when you join their Momentum Multiply rewards programme. Momentum has three options to choose from: Comprehensive cover, limited cover, and third-party cover. For car insurance quotes, visit their official website at momentum.co.za

This is a list of top 10 best car insurance companies in South Africa. There are still many best car insurance providers out there to choose from in South Africa.

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