The internet has surely revolutionized many businesses around the globe. Today people browse the web to read news instead of waiting for the news hawker, book their airline tickets online instead of visiting the travel agents, send emails instead of going to the post office. And just like all other industries in the world, the insurance industry too has seen a big change with the advent of internet. Not only have insurance companies seen mushroom growth over the years, they have become much more efficient in terms of catering to their clients. Now instead of the making dozens of trips to different insurance companies in search of the perfect insurance policy, customers now browse the World Wide Web and find the online insurance quote that suits them the most.

What is an online insurance quote?

An online insurance quote is a rough estimate given to potential customers by insurance companies on the web to give them a rough idea of what they should be expecting. An online insurance quote however, not the exact monthly premium that the given insurance company will charge you in reality because the information you provide insurance websites isn’t as deep as the details that you give the insurance company at the time of purchasing the actual insurance package.

How do I generate an online insurance quote?

There are various websites that serve as a common platform for people who are seeking information about the terms and conditions of different insurance companies. Such websites aren’t backed by any particular insurance company and work independently. However, they are thoroughly informed about the different insurance packages that insurance companies in South Africa offer to their clients. These websites also have an interface where clients can enter their information which is then used to calculate the online insurance quotes. The quote generate by the website depends on various factors including the company chosen by an individual, the driving record of the insurance seeker and other factors related to the vehicle.

Can an online insurance quote be trusted?

Of course, the fact that insurance websites are independent bodies guarantees the authenticity of the information provided. Unlike the information given by many insurance companies, the online quotes provided by general insurance companies are as explicit as possible and all significant terms and conditions are also clearly mentioned.

What are some of the companies in South Africa whose quotes I can find on the internet?

There are over a hundred insurance companies in South Africa and the quotes of many of them can be found on the internet. Some of the companies that offer long term insurance are:


  • ·         Liberty Group Ltd
  • ·         Investment Solutions Ltd
  • ·         Investec Employee Benefits Ltd
  • ·         HTG Life Ltd
  • ·         Hollard Life Assurance Company Ltd
  • ·         Guardrisk Life Ltd
  • ·         Discovery Life Ltd
  • ·         Clientele Life Assurance Company Ltd
  • ·         Charter Life Insurance Company Ltd
  • ·         Channel Life Ltd
  • ·         Capital Alliance Life Ltd
  • ·         BoE Life Assurance Company
  • ·         AVBOB Mutual Assurance Company Ltd
  • ·         Assupol Life
  • ·         Allan Gray Life Ltd
  • ·         Alexander Forbes Life Ltd
  • ·         ABSA Life Ltd
  • ·         1Lifedirect Insurance Ltd

 

While some of the short term insurance companies in South Africa are:


  • ·         Safire Insurance Company Ltd
  • ·         SA Eagle Insurance Company Ltd
  • ·         Renasa Insurance Company Ltd
  • ·         Relvant Insurance Company Ltd
  • ·         Regent Insurance Company Ltd
  • ·         Rand Mutual Assurance Company Ltd
  • ·         Pinnafrica Insurance Company Ltd
  • ·         Outsurance Insurance Company Ltd
  • ·         Nova Risk Insurance Company Ltd
  • ·         New National Assurance Company Ltd
  • ·         Nedinsurance Company Ltd
  • ·         Nedcor Insurance Company Ltd
  • ·         Mutual & Federal Insurance Company Ltd
  • ·         MUA Insurance Company
  • ·         Monarch Insurance Company Ltd