Are you looking to take out car insurance? Well, you’ve come to the right place, as here at Compendium, we offer a wide range of car insurance tailored to suit your needs.
We know how daunting the thought of insurance can be, so we’ll keep it simple and straightforward as we outline everything you need to know about motor vehicle insurance.
Does Compendium only offer car insurance?
The good news is we not only insure your car, but your motorcycle, trailer, quad bike, 4×4 and even your caravan! We will cover these against damage or theft and in addition to this, there are optional extensions to suit a more adventurous lifestyle.
Are there any extra services offered by Compendium to its clients?
There are many additional benefits, one of which is Compendium Assist. This is an exclusive service available to our customers. We provide a 24/7, 365 days a year emergency assist, for which we’ve partnered with the Automobile Association of South Africa.
How does Compendium calculate the sum?
Well, we insure your vehicle at its current retail value. This ensures that our clients are put in a place of strength, should anything happen to their vehicles. We obtain the value of your asset from the Auto Dealers Guide, so we’re sure it’s the best possible price.
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How should I define my vehicle when insuring it?
Well, you need you to specify your car or leisure item under the right definition. These are the three different categories:
- Private use, then secondly, business use and thirdly, business use with light delivery vehicles and motorcycles
- Business use for motor vehicles only
- Business use for light delivery vehicles and motorcycles only
What type of cover can I get?
There are three types of cover options. You can choose from the following:
- Third Party Fire and Theft
- Comprehensive Cover
- Third Party Only – this is the most limiting cover option
What kind of cover will these protect me from?
You will be covered for the loss or damage of your vehicle that is stated on the schedule. We, at Compendium, will then assess the situation and choose to repair, replace or pay out the sum of the loss or damage for your vehicle, minus the first amount payable.
Do you insure all car brands?
We insure a wide range of well-known. Some of which include:
Do you have any more questions? If so, fire away, we’re here to help. Visit www.cig.co.za for more info.