How many cars in South Africa are not insured?
In fact, around 70% of cars in South Africa are not insured according to research. The Prudential Authority, which is an arm of the South African Reserve Bank, regulates the car insurance sector in South Africa. Many companies belong to the South African Insurance Association (SAIA).
What are the best car insurance companies in South Africa?
Below we’ve shared some of the top choices for vehicle insurance in South Africa. There are many companies offering insurance for your car in SA. These are the ones we have found to offer the best cover for the most competitive premiums. King Price is fast becoming a leader in all insurance types, and they’re doing pretty well with their car cover.
Who regulates the car insurance industry in South Africa?
The Prudential Authority, which is an arm of the South African Reserve Bank, regulates the car insurance sector in South Africa. Many companies belong to the South African Insurance Association (SAIA).