Absa Car Insurance Review 2023

Published by
Lethabo Ntsoane

Absa Car Insurance is a motor insurance policy that starts at R250.00 per month and covers a variety of vehicles. Policyholders can get up to 40% off their premiums if they drive safely. The Absa car insurance premium is guaranteed to remain the same for the first 12 months. Excess balance on Absa car insurance can also be fixed from as little as R3,000.00.

Absa car insurance comes with different benefits, these benefits are explained below.

Absa Car Insurance Freebies

Customers can benefit from freebies with car insurance solutions at any time. All policyholders receive a free home drive as part of the insurance solution. If a policyholder chooses home drive, they will receive a free ride home if they go out and are unable to drive themselves home. Each policy can cover up to 6 drivers. Roadside assistance is another freebie to take advantage of.

Roadside assistance is available to guarantee that policyholders are not slowed down by a roadside emergency. The free roadside assistance is available 24/7 and can be scheduled over the phone. The Road Guard freebie is a fascinating freebie that is available to all policyholders. This complimentary service protects policyholders in the event of an emergency.

When an insured person has a breakdown in a risky place, Absa Insurance Assist dispatches an armed guard to assist them.

Absa Comprehensive Car insurance

Absa Comprehensive Car Insurance is a car insurance that comes with 24 hour road emergency assistance. The cover comes with a fixed excess that starts from R3,000.00. The insurance coverage covers a wide range of accidents and should be used as your primary car insurance policy. Fire, explosions, lightning, hail, storms, floods, and snow are all covered by comprehensive car insurance.

Natural occurrences span a wide range of topics. Theft and losses suffered during an attempted theft are also covered as things beyond one’s control. The cover also includes hijacking and attempted hijacking. Comprehensive car insurance also covers accidents. If one’s vehicle is involved in a car accident, Absa Insurance will pay the towing and storage costs. Comprehensive car insurance covers intentional activities that cause loss or damage.

Activities committed by the policyholder, the regular driver of the vehicle, or members of the policyholder’s household, on the other hand, are not considered purposeful acts. Accidental damage may necessitate hospitalization; therefore, Absa comprehensive  car insurance include medical coverage for policyholders on the comprehensive insurance.

Accidental damage may necessitate hospitalization; therefore, Absa comprehensive  car insurance include medical coverage for policyholders on the comprehensive insurance. Hospitalization expenses benefit members of the policyholder’s household as well. Medical costs are controlled by the amount of premiums paid each month. Clients are protected against third-party property damage.

Comprehensive car insurance covers damage to third-party property. However, third-party loss coverage is only available if the main driver’s policyholder is legally obligated to compensate the third party.

Benefits of the Absa Car Insurance

Absa Car insurance products come with benefits. By choosing to insure your vehicle with Absa, you get to have benefits that come for free. Benefits are immediately activated as soon as the selected car insurance product becomes active. 

Absa Car Insurance benefits are discussed below. 

Optional Car Hire

As a car insurance policyholder with Absa, you get an option to hire a car. Car hire for car insurance policyholders come at competitive rates and the car that is hired is also insured to protect you from incurring additional costs due to any unforeseen occurrences that may happen to the car.

Flat Excess Structure

The flat excess structure allows car insurance policyholders to have an excess cover on their motor vehicles. This feature allows you to choose the excess amount up front when taking out comprehensive car insurance. You will structure how much money will be paid towards the fixing of your vehicle if involved in an accident or on a claimable incident that cannot be covered in full. 

A flat Excess Structure is a structure that is set out to ensure that the correct amount is claimed for an excess cover. Excess cover covers the difference between the insurance payout amount and the shortfall of fixing a motor vehicle. 

Jump Start Service

Jumpstart service comes for free. As a car insurance policyholder, you are entitled to a free jump-start service that you can utilize at any time. The service is available for you 24/7 and isn’t only valid for roadside emergencies. Home assistance is also available for jump start assistance. 

Remote vehicle inspection

Vehicle inspection can be done on one’s private property. This feature saves policyholders time and money in moving their vehicle to a designated area for vehicle inspection. Rather, Absa sends experts to the client to conduct a vehicle inspection where necessary.

Advantages of Absa Car Insurance

  • There are benefits available that come at no additional premium.
  • The comprehensive cover offers coverage for many different occurrences at reasonable premiums.
  • Insurance products have free roadside assistance.

Disadvantages of Absa Car Insurance

  • Products such as third-party only car insurance and third-party, theft and fire insurance are not part of the Absa car insurance products offering.
  • There are no premium discounts.

Conclusion

Absa offers a comprehensive auto insurance policy that meets all of the requirements of comprehensive auto insurance. Absa, on the other hand, does not prioritize product differentiation in their vehicle insurance products. Since  there are so many car insurance customers, it is critical that Absa car insurance products include single-purpose car insurance products, such as third-party-only car insurance.

The benefits of opting for the Absa vehicle insurance package, on the other hand, are numerous. Absa Comprehensive Car Insurance is appealing since policyholders can enjoy a variety of benefits without having to pay an extra premium.

Lethabo Ntsoane

Lethabo Ntsoane holds a Bachelors Degree in Accounting from the University of South Africa. He is a Financial Product commentator at Rateweb. He is an expect financial product analyst with years of experience in reviewing products and offering commentary. Lethabo majors in financial news, reviews and financial tips. He can be contacted: Email: lethabo@rateweb.co.za Twitter: @NtsoaneLethabo