Affordable Car Insurance Premiums

Yes, with Budget you can get cheap car insurance. In fact, we have one of SA’s lowest insurance quotes.* We think insurance isn’t just for expensive cars – everyone deserves to have some level of vehicle cover. But whether you need Comprehensive Car Cover or a cheeky little Budget Lite policy, we’ll make sure you have cover that fits your budget.

You can only use a Budget-approved repairer to fix your car after an accident. That’s because we have found some of the best repair professionals at the most affordable prices. We are proud to provide a lifetime guarantee on all repairs our partners make to your car. We like to manage the claims process from start to finish so we know you’re getting the best service at the best price.

There are many ways to lower your premiums. Here are a few of our budget-friendly tips:

• Start off by insuring additional cars and even your home contents with Budget. Get a discount when you add multiple cars to your policy. Plus, when you bundle car and home insurance, you get a discount on your home contents premium.

• Drive as safely as possible, because the longer you go without an accident or a claim, the lower your risk is.

• Speak to one of our consultants about insuring your car for the correct value, because you don’t want to be over-or underinsured.

• Install an approved tracking device so if your car is stolen, you have a better chance of recovering it.

At Budget, there is no single ‘best’ Car Insurance. That’s why we offer six levels of cover. We’re confident that among these coverage options, you’re bound to find one that makes the most sense for you. Having said that, the best car insurance is the one that offers the right level of cover for your car based on its value, age, and mileage, while still being affordable. Visit ourCompare Car Insurance Quotes page, or chat to a Budget consultant to find the best car cover for you.

Unfortunately, no. See, we don’t only base the cost of your monthly auto insurance on how much your car is worth. Because the majority of claims are for repairs and not replacements, we take the cost of repairs and spare parts into account. And because the cost of parts and repairs is always rising, car insurance premiums rise too even as your car loses value.

Most providers offer Third-Party cover which is often the cheapest type of car insurance. However, at Budget we offer a unique policy for low-value cars called Budget Lite car insurance. How cheap your insurance quote comes out depends on numerous factors, such as your age, gender, where you work, where you live, how you park your car, your credit record, your driving behaviour, and your claims history. Try out our instant quote calculator and see how much you can save when you switch to Budget Insurance.

According to Mybroadband, monthly car insurance installments range between R1,116 and R1,834 [1]. There are many factors that affect your insurance premium. For example, if you have a new car, some insurance companies might offer you a discount if the car is less than three years old. 

Get a quick car insurance quote, or to speak to a trained consultant call us on 0861 00 13 53 and we’ll help you find the right car insurance for your budget.

No. In South Africa, car insurance is not currently compulsory. It’s estimated that around 70% of vehicles are uninsured, which means that for every 10 cars you see on the road, only three of them are covered. If you don’t have car insurance and cause an accident or someone else crashes into your car, you can be legally liable to cover the costs. Couple this with the country’s high accident rate and it’s only a matter of time before you’ll need to pay for all repairs from your own pocket.

You need car insurance in South Africa ‘cos you can’t afford not to!

The three types of popular car insurance known within the industry are:

• Comprehensive Car Insurance

• Third-Party

• Third-Party, Fire & Theft 

At Budget, we actually have seven types of cover for you to choose from, we promise there’s something to suit all lifestyles and budgets. If you want to take a closer look at our most popular car insurance types, check out this short article.

Need the whole package for your beloved car? Look at our Comprehensive Car Cover. It covers your car for accident damage, theft, loss, and the third-party damage you might have to pay if you cause an accident.