Car Insurance Calculator

Are you thinking about revisiting your vehicle insurance? While protecting our belongings is crucial, there are ways to lower your car insurance costs. Understanding insurance can be complex, so let's dive into the details.

At iWYZE, we provide comprehensive insurance for a wide range of vehicles, ensuring South Africans can protect their most valuable assets on the road. From popular models like the Toyota Hilux, Ford Ranger, Toyota Corolla Cross, to the VW Polo Vivo—all ranked among South Africa's top 10 best-selling cars—we've got you covered. On average, comprehensive car insurance with iWYZE starts from around R800, with the exact premium based on your vehicle’s make, model, and your individual customer profile.

Here are premiums some of our customers are paying for their respective vehicles:

*The premiums shared are based on specific consumer risk profiles (age, gender, marital status)

This, however, depends on your customer profile.

What is a customer profile?

A customer profile is a detailed description of a policyholder. It included factual info that assists insurers to determine a customer’s risk and therefore quote an insurance cover premium that is suitable for a customer’s unique needs.

What influences car insurance quoted premiums?

Insurance companies consider various factors to determine how risky it is to insure you:

1. Length of time you've had your driver's license and its type
2. Insurance history
3. Age
4. Credit score
5. Services costs (Panel beaters, parts suppliers, storage facilities, etc).
6. Inflation
7. Area risk ratio (Where your car is parked)
   
   Did you know? SAPS incident reports help insurers identify high and low-risk areas based on incident frequency.
   
   
8. Petrol price
9. Driving behaviour
10. Vehicle (make, model, age)
11. Vehicle usage (business or private?)

The best car insurance calculator is getting a car insurance quote online, as that is the most accurate premium which is based on your personal details and profile. Get a quote from iWYZE and make the wise choice to protect your vehicle.

Look at this customer profile example to showcase what a customers profile could look like ….

Introducing Bob Wise*, he is 35 years old. He has a code B drivers license, since 2006. He’s been insured since 2006. He lives in Sandton and works in Fourways. With 18 years of driving experience he’s had 3 incidents that he has claimed for: 2006 he drove into his gate motor one evening, 2013 a learner driver didn’t stop at a stop street and drove into him, 2014 his wife was bumped in a shopping parking lot. The incidents speak to Bob’s driving behaviour especially since he hasn’t made a claim since 2014. He has a good driving record. Bob drives an Audi A1, 2011 model, which he uses for private use; to get to work and back. Bob’s premium reflect his profile.

*Pseudonyms and stock photo used in compliance with the OM Insure Privacy Policy.

Can you save on car insurance?

Here are some tips to help you get the best insurance premium:

Compare quotes (remember that it must be like for like)

Getting quotes from different insurers gives you the opportunity to see which car insurer gives you the best cover at the lowest rate for your situation. Remember to compare quotes and not premiums provided by online car insurance calculators!

Ask about discounts

Most insurers offer a list of possible discounts you may qualify for to help lower your premium. Asking about discounts may at times be your saving grace from paying higher car insurance premiums.

Consolidate your policies

If you bundle your policies, you’ll most likely get a discount at most insurers.

Car Insurance calculators with no personal information required is not a true reflection of a premium you should expect to pay. For the best results, use our online quote tool to get car insurance quotes and a precise figure and ensure you’re well-protected.