South Africans are infamous for flouting traffic laws and not obeying the rules of the road.
During Easter 2013, more than 79 000 traffic fines were issued. Over and above this, 1039 licenses were suspended, 1024 vehicles were impounded and 864 motorists were arrested for drunk driving.Read more »
Did you know that badly maintained tyres and rims are one of the leading causes of car accidents? In fact, according to aa1car.com, this accounts for about 10- 12% of all car accidents among other causes like drunken driving, speeding and poor weather conditions.Read more »
Although various indicators are pointing to short-term insurance premium increases in 2014, consumers don’t have to just sit back and absorb them. There are things – within their control – that can be done to offset imposed premium increases. Martin Janse van Rensburg from Budget Insurance says that consumers could even enjoy reductions on their premiums by making some changes.Read more »
With analysts predicting a sharp rise in the petrol price, Budget Insurance says sharing the load is key to staying on the road without breaking the budget. “Just a few weeks into the New Year and already experts have predicted hefty petrol price hikes. Petrol is showing a potential climb of between 28 cents and 32 cents per litre, with 15 cents per litre for diesel and 9 cents per litre for illuminating paraffin.Read more »
South Africans travelling to holiday destinations over the upcoming festive season are urged to get at least seven hours sleep before an early morning road trip. Driver tiredness is a major cause of car accidents.This is according to Budget Insurance’s Martin Janse van Rensburg.Read more »
Budget Insurance was recently voted the winner of the Short-Term Insurance category in the 2013/2014 ICON Brands Survey, which was conducted by the Target Group Index (TGI).Read more »
Budget Insurance Brokers has warned that the old scam whereby certain tow truck drivers dupe unsuspecting accident victims into allowing them to tow their vehicles has reared its ugly head again.
According to Thomas Creamer, Telesure MD, “Some tow truck drivers are tricking shocked accident victims into believing that they are authorised to tow their vehicles away from an accident scene when they actually aren’t contracted to the victim’s short-term insurance provider.Read more »
Every year, the insurance industry spends millions of rands on water damage caused by malfunctioning hot water geysers. In winter, when geysers suffer more wear and tear, claims for geyser-related damage increase.
Budget Insurance Brokers is urging homeowners to give their geysers a little TLC this winter so that they can endure the bitter temperatures.Read more »
On the back of the latest staggering fuel price hike of up to 71 cents per litre, and with little hope of decreases in the foreseeable future, Budget Insurance Brokers says motorists must think out of the box.
“The latest petrol price increase is a major blow to all South Africans. Not only does it impact on car-owners who already have to pay extortionate amounts to fuel their vehicles, but it will certainly also weigh heavily on the economy as a whole as prices of consumer goods and food will also increase.Read more »
As a staggering number of South Africans thrash in suffocating debt, Budget Insurance Brokers is highlighting the pressing need for parents to start teaching their kids early about money and how to manage it.
“Start teaching your children about managing money from a young age. They are ready to start learning basic concepts from when they start counting, and if you haven’t started teaching them by the time they’re nagging you for unnecessary items that you actually can’t afford to buy, you better start quick,” says Telesure MD, Thomas Creamer.Read more »
The past year has been tough on consumers’ pockets, and with the consumer price index racing towards the 6% range, it’s going to get tougher for people as they are forced to make do with getting less for their rands.
“While the rising petrol price and rate of inflation have experts pointing to a dreary festive season, the outlook for the start of 2012 has little promise of being much better. In fact, it’s likely to be pretty bleak from a financial perspective for a lot of South Africans.Read more »