Car Insurance That’s Always Comprehensive: Here’s How We Do It
At Oneplan, we make sure our vehicle insurance is ALWAYS comprehensive. And the best part? It’s 100% flexible to your lifestyle and more importantly, your budget. Here’s how we are changing the game for car insurance.
Before we get into the awesome details of how we make insurance simple and smart, let’s first explain what exactly comprehensive car insurance is…
You might already have a good idea of how comprehensive vehicle insurance works, for example, you may know that it is the best form of protection you can get when it comes to insuring your car - but let’s dig into the details of it.
Tell me more about comprehensive car insurance
When getting car insurance quotes (read: 6 Ways To Make Sure You Get The Best Insurance Deal), you may have found that comprehensive insurance is not always the most affordable option.
This is because it is the highest level of protection you can get.
Comprehensive insurance gives you the BEST cover, with all the bells and whistles. This policy covers you for a lot more than just third party claims when you are involved in an accident with another car. It also covers you for the damage you may have accidentally caused to your own car.
Includes third party liability cover
Third party refers to anyone involved in a car accident that is NOT you and NOT your insurer. The third party can be someone else's' motor vehicle or their actual property, like your neighbour’s wall.
The term liability means responsibility. So, when you put the two terms together, you get a good understanding that third party liability cover means that you are responsible for damages done to another party. Have a look at our latest blog on What Is Third Party Liability & Why You Need It (An Easy Explanation).
Comprehensive insurance includes third party liability, and what’s more, it includes the costs of damage to your own car.
Sounds pretty great, right?
Other types of insurance
Other insurers will give you the option to choose either comprehensive insurance or another form of insurance.
Here are the 3 common policy types:
- Third party car insurance - this is the cheapest form of car insurance and gives you the least amount of cover. This kind of insurance will protect you from paying for any damage you may have caused to ANOTHER person’s property with your car.
- Third party, fire and theft - this insurance is the next level up from third party only. As the name suggests, this insurance protects you from the damage costs of another person’s property, as well as costs from fire damage and theft or hijacking of your car.
- Comprehensive insurance - This insurance covers you for all of the above. If your car is financed, you have to have comprehensive insurance.
The impressive thing about our insurance is that it is ALWAYS comprehensive.
This means we cover your car for theft, hijacking, fire, accident damage and total loss (which basically means when it’s written off, we’ve got you covered) AND third party cover.
Head’s up - Our insurance is comprehensive only up to your cover limit (A limit is the maximum amount of money we (that’s us) will pay you for a claim) which is based on the percentage of cover you have selected.
Oneplan comprehensive car insurance
At Oneplan, we only offer comprehensive car insurance, but the best part is that we make sure it is affordable and can be adjusted to your lifestyle and your budget.
How we do this is using our Oneplan Cover Slider.
How the Oneplan cover slider works
You have the option to cover as much of your car as you want to.
We give you control over what you cover and for how much.
How we do this is using a sliding scale. Basically, you select the percentage of insurance you can afford, you then select an amount of cover from 30% to 95%. After this, we will then calculate what your monthly premium will be based on this percentage. It’s that simple.
For example - If you have chosen 50% cover for your car, then we cover you for 50% of the retail value of your car in the event of a write-off. Or we cover 50% of damages in the event of an accident resulting in repairs.
Change your cover percentage & monthly premium instantly
You can adjust your cover from the palm of your hand using the Oneplan App. All you have to do is login and use our cover slider to change the amount of cover you are paying for and we will bill you according to this exact cost.
So, that means when your budget is a little tight for the month, then you can adjust your insurance premium to suit you and your wallet.
You can also press pause on your cover with the click of a button. So, if you can’t afford your insurance policy for a little while, then you can press pause on your cover. And when your finances allow for it again, you can reactivate your insurance once again.
Yours in uncomplicated car insurance,