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Vehicle owner protection policies are largely misunderstood

According to Arrive Alive, lack of consumer education is the biggest challenge facing the insurance industry. With a majority of the complaints to the Ombud for short-term insurance coming from consumers who are found not to understand the products they are using, it’s important to get to know the basics. Whether your business makes use of one vehicle or 100, you need to know The Difference Between Car Insurance and a Motor Warranty, what you can and cannot claim for, and how your insurance is classified. This will help you avoid unnecessary frustrations and delays, or even rejections of a claim. Written in collaboration with Hippo.co.za, here is the difference between these two policies.

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