Third-party liability for bodily injury is partially covered by the Road Accident Fund (RAF), which is funded through the fuel levy. However, third-party property damage and own vehicle cover are not compulsory by law — but lenders typically require comprehensive insurance on any financed vehicle.

The three core types are: Third-Party Only (covers damage to others), Third-Party Fire & Theft (adds fire and theft cover), and Comprehensive (full cover for your vehicle plus third-party). Add-ons such as tyre & rim, windscreen, credit shortfall, and roadside assistance are available as extras.

Yes. Personal car insurance typically excludes vehicles used for business purposes, including deliveries, courier services, or fare-paying passengers. Commercial vehicle insurance is required for trucks, taxis, delivery vehicles, and fleet vehicles used in business operations.

Credit shortfall insurance covers the difference between your outstanding vehicle finance balance and the insurance payout if your vehicle is written off or stolen. Without it, you could owe the bank money even after receiving a full insurance payout.

Vehicle insurance providers must be registered as Financial Service Providers (FSPs) with the Financial Sector Conduct Authority (FSCA) under the Financial Advisory and Intermediary Services (FAIS) Act. Always verify your insurer's FSP licence before purchasing cover.