Virgin Money South Africa manages the Virgin Money car insurance products offered in South Africa. They are the financial services division of the Virgin Corporation, acting in many ways like Virgin’s private bank. There are advantages and disadvantages to using Virgin for as your insurance provider, just as there are with any other insurance company..
One of the advantages of signing on with Virgin Money car insurance is the company is multi-national. This means that they have the cash reserves and ability to offer deep discounts on their car insurance products. South Africa has one of the highest rates for car insurance globally, finding any kind of discount is always welcome. South Africa also presents some unique challenges for insurance providers. Densely populated and risk prone urban areas give way to whole swaths of country with poor roadways that can increase the risk of chassis damage to a vehicle. There are more “temporary” drivers in South Africa who have no need for full year coverage but require short term policies than in many other places. Virgin Money car insurance has products that are specifically designed to accommodate the needs of South African drivers including special offerings for South African women .
You can speak directly to a Virgin Money car insurance representative or go through your local insurance broker to find out more about what Virgin can do for you. Virgin Money South Africa insures that you are getting the best coverage in South Africa that will meet your needs. Their policies and claim payouts are secured by their own financial service so you will never have to worry about them not meeting their obligations.