{"id":1156,"date":"2017-03-28T10:42:37","date_gmt":"2017-03-28T08:42:37","guid":{"rendered":"https:\/\/www.namfisa.com.na\/educates\/?p=1156"},"modified":"2025-07-19T13:39:09","modified_gmt":"2025-07-19T11:39:09","slug":"motor-vehicle-insurance","status":"publish","type":"post","link":"https:\/\/www.namfisa.com.na\/educates\/motor-vehicle-insurance\/","title":{"rendered":"Motor Vehicle Insurance"},"content":{"rendered":"\t\t
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Here\u2019s my gift-giving rule: Respect your current financial situation. \u2013 Suze Orman\n<\/blockquote><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Understanding Motor Vehicle Insurance: What Every Consumer Needs to Know<\/h3><\/span><\/div>
Motor vehicle insurance generally refers to insurance in terms of which an insurer assume the risk of loss that the insured might incur in relation to his motor vehicle or third parties. In return the insured pays a premium. Motor vehicle insurance cover can be very limited or very broad depending on the type of risk covered.\n\nMotor vehicle insurance claims have of late become prevalent. Consumers are advised to ensure that they thoroughly understand the insurance terms.\n\nOne of the main issues that the consumers seem to face at the claim stage, emanates from the fact that the person who was driving the vehicle at the time of the accident is not the owner\n\nof the vehicle. <\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Does It Matter Who Was Driving?<\/h5><\/span><\/div>
Yes. One of the main issues that the consumers seem to face at the claim stage, emanates from the fact that the person who was driving the vehicle at the time of the accident is not the owner\n

\nof the vehicle. What is important to know in this respect is the fact that a person driving a vehicle irrespective of whether such person is the owner of the vehicle or not, is bound by the terms applicable to the insured. The only exception is when the driver was not authorized to drive the vehicle.<\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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When Can an Insurer Repudiate a Claim?<\/h5><\/div>
For example an insurer may be entitled to repudiate a claim if:\n

\n\u2022 The person found to drive the vehicle was driving while exceeding the legal limit of the alcohol level although such person is not the owner of the vehicle or\n
\n\u2022 The person who was driving the vehicle makes a false statement in relation to the accident.\n

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What You Should Do as a Vehicle Owner<\/h5><\/div>
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  • <\/span>Read and understand your policy terms before an accident occurs.<\/li>
  • <\/span>Only allow responsible, authorised persons to drive your vehicle.<\/li>
  • <\/span>Ensure that anyone driving your vehicle is aware of and complies with traffic laws and the insurance terms.<\/li>
  • <\/span>In the event of an accident, ensure all information provided to the insurer is truthful and accurate.<\/li><\/ul><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    Motor vehicle insurance is a crucial financial tool, but it is only effective when both the insured and any authorised drivers understand and adhere to the policy conditions. Always ask your insurer or broker to explain the fine print and seek clarity on any limitations or exclusions in your cover.\n\nRemember: Insurance is about managing risk\u2014your knowledge is your best protection.<\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

    Here\u2019s my gift-giving rule: Respect your current financial situation. \u2013 Suze Orman Understanding Motor Vehicle Insurance: What Every Consumer Needs to Know Motor vehicle insurance generally refers to insurance in<\/p>\n","protected":false},"author":1,"featured_media":1157,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":[],"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueState":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":"","_VenueShowMap":false,"_VenueShowMapLink":false,"footnotes":""},"categories":[434],"tags":[],"class_list":["post-1156","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-short-term-insuarence"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.namfisa.com.na\/educates\/wp-json\/wp\/v2\/posts\/1156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.namfisa.com.na\/educates\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.namfisa.com.na\/educates\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.namfisa.com.na\/educates\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.namfisa.com.na\/educates\/wp-json\/wp\/v2\/comments?post=1156"}],"version-history":[{"count":10,"href":"https:\/\/www.namfisa.com.na\/educates\/wp-json\/wp\/v2\/posts\/1156\/revisions"}],"predecessor-version":[{"id":35697,"href":"https:\/\/www.namfisa.com.na\/educates\/wp-json\/wp\/v2\/posts\/1156\/revisions\/35697"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.namfisa.com.na\/educates\/wp-json\/wp\/v2\/media\/1157"}],"wp:attachment":[{"href":"https:\/\/www.namfisa.com.na\/educates\/wp-json\/wp\/v2\/media?parent=1156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.namfisa.com.na\/educates\/wp-json\/wp\/v2\/categories?post=1156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.namfisa.com.na\/educates\/wp-json\/wp\/v2\/tags?post=1156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}