Vehicle Insurance
Vehicle insurance protects you from financial loss due to accidents, theft, or damage to your car. Coverage options range from basic third-party liability to comprehensive protection that includes your vehicle, other people’s property, and additional benefits like roadside assistance.
Protect yourself from the financial impact of accidents, theft, and vehicle damage.
Comprehensive
Provides complete protection for your vehicle against accidental damage, theft, and third-party liability claims. This is the most extensive coverage option, protecting both your vehicle and your financial responsibility to others.
This coverage includes:
Accidental damage to your vehicle from collisions and incidents
Theft and hijacking protection with vehicle replacement options
Third-party liability for damage to other people’s property
New vehicle replacement (if stolen within 12 months and under 30,000km)
Lock, key, and remote control replacement costs
Vehicle recovery costs after theft or hijacking
Emergency accommodation when stranded
Emergency costs payable to public authorities
Trauma treatment following incidents
Excess waiver – eliminates your basic excess payment
Car hire – courtesy vehicle while yours is being repaired or replaced
Extended coverage periods and higher benefit limits
Who this Suits:
Comprehensive cover is ideal for newer vehicles, financed cars, or when you want complete peace of mind and maximum protection on the road.
Limited (fire and theft)
Provides basic protection for your vehicle against specific risks while maintaining essential third-party liability coverage. This mid-level option covers major risks like theft and fire damage without the full cost of comprehensive insurance.
This coverage includes:
Third-party liability for damage your vehicle causes to others
Fire damage to your vehicle
Lightning strike damage
Explosion damage to your vehicle
Theft of your vehicle
Attempted theft damage
Accidental damage from collisions
Vandalism or malicious damage
Weather damage (hail, floods)
Mechanical breakdowns
Who this Suits:
Limited cover is ideal for older vehicles where comprehensive insurance may not be cost-effective, but you still want protection against theft and fire damage while maintaining legal third-party coverage.
Third Party Only
Provides the minimum legal coverage required by law, protecting you from liability claims when your vehicle causes damage to other people’s property or injuries. This basic option covers your legal obligations to others but provides no protection for your own vehicle.
This coverage includes:
Damage your vehicle causes to other people’s property
Injury claims from other parties involved in accidents
Legal liability arising from vehicle-related incidents
Court costs and legal fees for covered claims
Any damage to your own vehicle
Theft of your vehicle
Fire or weather damage to your vehicle
Personal injury to you or your passengers
Towing or emergency assistance
Important Notice:
Third party only insurance is the minimum legal requirement for driving on public roads. While it’s the most affordable option, it leaves you financially exposed if your vehicle is damaged, stolen, or destroyed.
Who this Suits:
Third party only cover is typically chosen for very old vehicles with minimal value, where the cost of comprehensive insurance exceeds the vehicle’s worth, but you still need to meet legal driving requirements.
Watercraft/Pleasure Craft Insurance
Comprehensive protection for recreational watercraft including motorboats, ski boats, jet-skis, and wet bikes. Coverage applies to vessels with hulls not exceeding eight metres in length used for personal recreation and leisure activities.
This coverage includes:
Hull and structural damage protection
Motors and mechanical equipment
Standard machinery and fittings
Accessories normally sold with the watercraft
Equipment and safety gear
Social, domestic, and pleasure purposes only
No commercial or business use permitted
Recreational and leisure activities only
Coverage Area:
Republic of South Africa and Namibia and up to 20 kilometres from the shores of these countries.
Who this Suits:
Ideal for recreational boat owners, water sports enthusiasts, and families who use watercraft for leisure activities and want comprehensive protection for their investment.
Top-up Cover
Protects you from financial shortfall when your vehicle is stolen or written off and the insurance payout is less than what you still owe on your vehicle finance. This optional extension ensures you’re not left paying for a vehicle you no longer have.
How it works:
Insurance pays the market value of your vehicle at time of loss
If this amount is less than your outstanding finance balance
Shortfall cover pays the difference between insurance payout and loan balance
You’re protected from having to pay the remaining debt out of pocket
Eliminates financial stress after total loss
Protects your credit rating from unpaid vehicle finance
Allows you to move on without debt from a vehicle you no longer own
Who this Suits:
Essential for anyone with vehicle finance, especially on newer cars or extended loan terms where the outstanding balance typically exceeds the vehicle’s depreciated value.
24/7 Roadside Assistance
Emergency Services:
- Jump-start service for flat batteries
- Tyre changing at roadside and off-road locations
- Emergency fuel delivery (up to 10 litres supplied)
- Locksmith assistance when keys are locked inside vehicle
- Mechanical and electrical breakdown support
- Accident assistance and coordination
Towing Services:
- Vehicle towing to nearest approved repairer
- Coverage up to policy limits for mechanical failures
- Safe transport when repairs cannot be completed roadside
When You Are Covered:
Coverage applies when you’re involved in vehicle accidents, experience mechanical or electrical breakdowns, run out of fuel, have flat tyre or battery problems, get locked out of your vehicle, or face any roadside emergency situation.”
Who this Suits:
Essential for all drivers, especially those who travel frequently, commute long distances, or want peace of mind knowing help is always available when vehicle emergencies occur.
Important Policy Requirements
Primary Driver Declaration
The person who drives the vehicle most frequently must be declared as the primary driver on your policy. Accurate driver information is essential for proper risk assessment and premium calculation. Failure to declare the correct primary driver or notify the insurer of changes can result in claim rejection or policy cancellation due to misrepresentation.
Vehicle Usage Classification
Your vehicle’s primary use must be correctly declared as private, social, or business use. This classification directly affects your premium as insurers assess risk based on usage patterns. For example, vehicles used for business purposes carry higher risk and require appropriate coverage. Misrepresenting vehicle usage can lead to claim rejection when you need coverage most.
Territorial Coverage
Your vehicle insurance provides coverage across multiple Southern African countries including South Africa, Namibia, Lesotho, Botswana, Eswatini (Swaziland), Zimbabwe, Malawi, and Mozambique. This regional coverage ensures protection during cross-border travel for business or leisure purposes.
Our Approach
Many vehicle owners discover too late that their insurance won’t cover the full cost of replacing their car, especially when policies pay market value instead of retail value.
At Jacobs Financial Services, we ensure your vehicle insurance reflects the true replacement cost of your car and provides adequate liability protection. This gives you confidence that you can replace your vehicle and handle any claims without financial hardship.
Our Product Providers
“Brilliant broker company that will work tirelessly at finding you the best possible insurance for car and home. I highly recommend them to find you the best possible solution.”
Barend Buys, Google Review
Give Your Family the Gift of Financial Security
Contact us today to determine the exact coverage that secures their future and gives you complete peace of mind.