Do I need Commercial Motor Vehicle Insurance?
Most of us would be lost without a car – we rely on it to run our business, visit clients attending worksites or even just to do the banking. When your car is unexpectedly out of action, it can cause a big disruption to daily life. Not to mention a big dent in your bank balance from costly repair bills.
As a registered car owner, you'll automatically have Compulsory Third Party insurance (CTP). This protects you from financial liability should you cause an accident that results in injury to a third party.
However, without any additional insurance cover, you’ll be left financially vulnerable for damages if involved in an accident – even if it’s not your fault. To protect against damage to your car or someone else’s, you must opt for extra cover in the form of Third Party or Comprehensive insurance.