Given the state of many of the major roads – this must surely be the only country with permanent ‘beware of pothole’ signs – and the high level of car thefts and hijackings, car insurers in South Africa are inclined to be nervous bunch.

The inevitable consequence is the high cost of car insurance premiums. There are, however, a few ways to calm the jitters of the insurance industry and ensure you get adequate cover at a fairly reasonable cost.

Shop around:

First of all remember that, despite the risk factor, this is a competitive industry. Comparison shopping, either by phoning insurance companies yourself, using an insurance broker or accessing a website such as InsuranceHound.co.za which provides free comparative quotes, will help you find the lowest premiums and the best possible cover.

Maintain good records:

Good credit and driving records imply that you are a good credit risk. Unfortunately this is retroactive, but if you have an excellent credit history and have driven for many years without accumulating a record of accidents, fines or DUI convictions you will usually be compensated in the form of lower insurance premiums. In addition, make sure you are suitably rewarded for any advanced driving courses you may have completed.

Lower mileage equals lower premiums:

Obviously, the more you drive, the greater the risk. Therefore some insurance companies will offer a cheaper policy to clients who can show that they drive less than a designated number of kilometres a month. Conversely, using your car for business purposes attracts a higher premium as this presumes a higher mileage. Don’t try to get around this by neglecting to insure the car for business use as this has the nasty habit of leading to a rejection of your insurance claim should you be found out!

Buy a low risk vehicle:

If you can’t resist the flashy, high-performance convertible you’ve set your heart on, know that you are going to pay for it in higher insurance costs as thieves and hijackers find these vehicles equally irresistible. A nice second-hand ‘mom’s taxi’ is much easier on your pocket and your insurance company’s blood pressure.

This is especially true if you are under 25 when all insurance companies presume that a high-performance car will turn you into a speed-freak. For the same reason, avoid modifications such as turbo chargers and free flow exhaust systems.

The street where you live:

Parking your car on the street outside your house increases the possibility of theft or collision damage. Where your street is situated is also an issue, as some areas are designated high risk and attract higher premiums as a result. Parking in a garage protects both your car and your pocket.

Use security devices:

Car alarms, immobilisers, tracking devices and gear locks all add up to a lower risk profile and lower monthly premiums. Most car insurers now insist on some sort of security device before insuring your vehicle. However, before turning your car into Fort Knox, assess the cost of installing all these security systems in relation to the savings on your insurance premiums.

Expensive as motor vehicle insurance is in South Africa, it is possible for the astute and careful driver to negotiate lower premiums by following these simple tips.