DOES YOUR POSTAL CODE AFFECT YOUR HOUSEHOLD INSURANCE?
Tuesday, August 19, 2014
More than 5 900 crimes are reported by the over 1 118 police stations in South Africa every day. According to 2013’s crime statistics, Gauteng is the leader when it comes to crime in South Africa, with Cape Town and Kwazulu-Natal close on its tail. Mitchells Plain in the Western Cape reports more crime than any other precinct in the country. Crime stats SA
“In general, crime occurs in all neighbourhoods in South Africa. But the frequency and level of crime in a specific area does have an impact on your insurance premium,” says Derek Wilson, Head of Hippo.co.za.
According to Lizette Lancaster, manager of the Crime and Justice Information Hub, crimes like home invasions, robberies, burglaries and carjackings are a major concern. Resident suburbs like Sandton, Parkview, Durban North, Table View and Woodstock are ‘safer’ suburbs compared to Honeydew, Akasia, Cape Town Central, Worcester and Phoenix. Crime and Justice Information Hub
Hippo.co.za is the free comparison website that can compare different household and car insurance, making sure that you still win, regardless of your postal code. At least 8 out of 10 South Africans could save over R348 per month* on their household and car insurance through the Hippo.co.za online comparison website. This means that if you start comparing, buying and saving now, you could save up to R4176 by next year.