INSURING YOUR MOTOR VEHICLE AND MOTORCYCLE EXTRAS AND ACCESSORIES

INSURING YOUR MOTOR VEHICLE AND MOTORCYCLE EXTRAS AND ACCESSORIES

Insurance policies provide cover for your “standard” motor vehicle and/or motorcycle. This means that you must advise your broker of any extra items you have added onto the vehicle so they can be covered too. 

Simply put, anything that is fitted to a “standard” vehicle model, whether permanent or removable, is referred to as extras or accessories. Some of these extras are fitted at the manufacturers’ factories; many are fitted by approved installers after the vehicle leaves the factory.

Examples of Extras/Accessories:

  • Tow-Bars & Bull-Bars
  • Sunroofs
  • Navigation Systems
  • Mag Wheels
  • Music Systems
  • Leather Seats
  • Winches & other off-road features
  • Window Tints & Treatments
  • Canopies

If there is no Purchase Invoice available to show the cost of these accessories, you can always visit a reputable dealer to conduct a valuation of the extras. Once done, the dealer will furnish you with the valuation certificate which you must then submit to your broker to note on your policy.

It is also important to:

  1. Inform the broker of any additional accessories or enhancements made to the vehicle after the vehicle was initially insured.
  2. Review the value of all extras annually with the policy’s renewal. These depreciate by an average of 15% a year.

For a quote please contact Ayoba Insurance Brokers on +27 11 395 1631 or email nick@ayobainsurance.co.za / natalie@ayobainsurance.co.za

Alternatively, you can follow the link https://ayobainsurance.co.za/detailed-quote/

The information and content contained herein do not constitute a recommendation or solicitation to purchase or sell any financial product or service or arrive at a financial decision, nor do the contents of this publication constitute any form of advice or guidance.

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