About Dial Direct Insurance Premiums

For many South Africans, the process of acquiring comprehensive insurance coverage culminates at signing the policy and waiting for their insurance premiums to be debited off their accounts automatically each month.You might find it surprising just how many South Africans don't understand why their monthly insurance premiums are as high or low as they are, and simply accept it as a 'necessary monthly cost'.

Dial Direct insurance premiums, for instance, are actually precisely worked out according to the needs, requirements and circumstances of the individual being insured. There is no such thing as a standard insurance premium that everyone pays - all insurance premiums are different and for good reason.For instance, the kind of monthly Dial Direct insurance premium you pay depends on which particular risk category you fall under, as well as your age, previous insurance history and even sex.

Monthly insurance premiums for Dial Direct car insurance, for example, will depend on the year, make and model of car you drive, your age, previous claims history, propensity for drivers in your age group to be involved in motor accidents and so on. All of these factors are taken into account when Dial Direct formulates a suitable monthly insurance premium for you to pay. Say you are one of a set of twins and the habits of you and your twin are identical in every way.

If you have been involved in a minor car accident (where you have been at fault) where your twin has not, you will more than likely pay higher insurance premiums than your twin, because you are now perceived by Dial Direct to represent a slightly higher risk.

Other factors are also taken into account when monthly insurance premiums are derived. For example, where you park your car each night will influence the size of your monthly premiums.You will pay lower premiums if your car is locked overnight in a secured garage in a 'good' or safer suburb than if you had to park the same car on the street in a 'bad' or relatively unsafe suburb.

As a client of Dial Direct, you can ensure that your monthly car insurance premiums are kept as low as possible by making sure that your car is protected by anti-theft devices, is securely parked overnight, is well-maintained and looked after and that you consistently drive safely to lower the risk of being involved in accidents.