Car Insurance
Get a car insurance quote online and save up to 20% with Budget Insurance
4.4 /5
Cash Back
Simply add the optional Cash Back Bonus to your Budget Insurance policy and if you remain claim free for two years, we’ll reward you by giving you money back. Our Cash Back Bonus is unique in the sense that you only have to wait two uninterrupted years to start receiving your rewards and you’ll keep on being rewarded until you put in a claim. Best of all only certain claims will reset your Cash Back Bonus clock.
Affordable Car Insurance
Insure more, Save more
When you insure a car with Budget, you get a discount if you add multiple cars to your policy. Plus, when you bundle Home and Car Insurance, you get a discount on your Home Contents premium.
Insurance Options
We have loads of insurance options to choose from - six to be exact. There is Comprehensive, BetterCar Value, Third-Party, Fire and Theft, and Third-Party Only Insurance. There are also three Budget Lite plans for modest budgets, vehicles under R250,000 and cars that are paid off.
Assist Benefits
Our range of Assist Benefits are provided with some of our car cover policies. Receive prompt and reliable assistance, no matter your location or situation. Whether you require help on the road, at home, during a medical emergency or if you’re facing legal troubles, our support is just a phone call away.
A range Of Cover Options
Why you need Car Insurance
We understand how tough it can be to stick to a tight budget, especially when it comes to expenses like car insurance. In today’s economy, prices seem to be on the rise while our bank account balances keep declining. At Budget, our mission is to ensure that insurance remains accessible to everyone. With us, your insurance will fit your budget. That’s why we offer a wide range of car insurance options, giving you the flexibility to select a plan that suits your pocket.
We offer a variety of coverage levels to suit every pocket. We understand that every person's circumstances are unique, and that's why we offer customised policies to fit your individual needs. Whether you're a new driver, a seasoned driver, or somewhere in between, we have a policy that's right for you. Our focus is on providing you with the best possible coverage at a price you can afford. So why wait? Choose Budget for car insurance that works for you, and enjoy peace of mind knowing that you're protected without breaking the bank.
Need the whole package for your beloved car? Look at our Comprehensive Car Insurance. It covers your car for accident damage, theft, loss, and the third-party damage you might have to pay if you cause an accident.
Or cover just the basics with Third-Party, Fire, and Theft Insurance or Third-Party Only. Third-Party, Fire, and Theft covers you for everything Comprehensive does except accidental damage to your own vehicle. Third-Party Only Insurance insures you in case you cause accidental damage to someone else’s property.
Upgrade your cover to BetterCar Value, which is like Comprehensive Cover, but – better. It has all the same extensive cover, but if your car is written off or stolen and not recovered, you get a newer version of the car you drive.
And of course, there’s Budget Lite which comes in three affordable packages. Driving a car that’s worth less than R100 000 that isn’t financed? Or maybe driving a financed or non-financed car that’s worth less than R250 000?. All three include up to R1 million in third-party cover. Depending on which level of cover you need, you can add cover for hail, theft, and your sound system. Also, get the costs of towing and storage covered plus a cash payout after an accident Budget Lite 3.
Add Scratch & Dent, Tyre & Rim Guard, Auto Top-Up, and a Motor Warranty to your car insurance policy to look after your vehicle inside and out.
Our Comprehensive, BetterCar Value, and Third-Party, Fire and Theft policies automatically come with our Assist Benefits, which you can use any time, any day. ‘Cos everyone should have the chance to get an affordable vehicle insurance quote.
Comprehensive Cover
Comprehensive Car Insurance offers the widest coverage for your car. It safeguards your vehicle against many risks, including damage from accidents, natural disasters like storms or floods, as well as theft, hijacking and loss. It also includes third-party coverage.
Third-Party, Fire & Theft Car Cover
Third-Party, Fire and Theft Car Insurance covers damage caused to third parties, like other vehicles or property, in an accident where you're at fault. Additionally, it protects against loss or damage to your vehicle due to fire or theft. Unlike comprehensive insurance, it doesn't cover other types of damage to your own vehicle, such as car accidents. This option offers a balance between cost and coverage as it protects against significant risks like theft and fire.
BetterCar Value Car Insurance
Get the same perks as our Comprehensive Cover. However, if your car is written-off in an accident, we’ll pay you out for the same model car but one year newer with lower mileage.
Scratch & Dent
Keep your car looking like you just drove it off the showroom floor with Scratch & Dent. Cover your vehicle for those small and pesky scratches, dents, and chips.
Budget Lite
If your car is valued at under R250,000, Budget Lite cover could be right for you.
Budget Lite offers three affordable options for vehicles in the lower price bracket. Budget Lite 1 provides cover for stolen or hijacked vehicles. You will be covered for up to R1 million in third-party cover. Budget Lite 2 insures your car if it’s written off after an accident, covers up to R1 million for third-party damage, and theft and hail damage cover. The Accident Assist benefit, which includes towing and storing your car after an accident, is included. Budget Lite 3 covers your car if it’s written off after an accident, up to R1 million third-party cover, theft and hail damage insurance, and limited accident cover. Accident Assist is included.
Third-Party Only Car Insurance
A good choice if your car is paid off and its nickname is ‘skedonk’. Third-Party Only Car Insurance covers the cost of any damages you cause to a third-party’s property.
Hit a pothole again? Accidently mount the curb? Fix or replace your damaged tyres and rims right up with our Tyre & Rim Guard.
Auto Top-Up
If your car is written off or stolen, will your payout cover the outstanding balance on your finance? It will when you add Auto Top-Up to your car insurance.
Motor Warranty
Don’t get caught by unexpected repair costs. Our Motor Warranty offers protection beyond the manufacturer's warranty period. It covers repairing or replacing vehicle components that fail due to mechanical or electrical failure. Keep your car running smoothly and avoid breakdown and repair costs. We offer two vehicle warranty options: Auto Plan and Auto Drive Warranty. If your vehicle is under three years old and has done less than 120,000km, Auto Plan could be the right option for you, while Auto Drive is recommended for vehicles under seven years old and under 250,000km.
Frequently Asked Questions
Absolutely amazing service! Thank you to Eugene who helped the morning of the accident. Our claim was handled in record time, and you phoned exactly when you said you would. Thank you Budget. All your people are gems.
Annelize Faca
BetterCar Value
Upgrade your cover to BetterCar Value, which is like Comprehensive Cover, but – better. It has all the same extensive cover, but if your car is written off, you get a newer version of the car you drive.
*Please note:
- The BetterCar option applies to all vehicle models less than or equal to 8 years old.
- The BetterCar option does not apply to vehicles written-off as a result of theft, attempted theft, hi-jacking or attempted hi-jacking.
Car Insurance Terms
Excess or deductible
This is the amount you pay for an insurance claim before your insurance coverage kicks in. For instance, if you were involved in a car accident, the excess is payable upfront to the service provider, like a panel beater, regardless of who is responsible for the accident. Your excess will vary depending on policy terms and coverage levels.
Write-off
If your car is written off after a car accident, it means the cost of repairing the damaged vehicle exceeds its current market value. In such cases, the insurer declares the vehicle a total loss and reimburses the policyholder for its pre-accident value minus any deductible and salvage value.
Third-party claim
Refers to a claim made by someone other than the policyholder against the policyholder’s insurance coverage. It typically involves compensation for damages or injuries caused by the policyholder's actions, such as a car accident where the policyholder is deemed to be at fault.
Premium
This is the amount of money the policyholder will pay to an insurance company in exchange for insurance coverage. It is paid on a monthly or annual basis and is based on various risk factors, coverage levels, and the type of insurance policy.
