You might ask yourself, why is it that so few websites offer a car insurance calculator?  Well the short answer is simply: it’s just not that simple to calculate car insurance by filling in a few values and deriving an accurate, or even a semi-accurate result.  I know it’s a bit of a bummer, but think about the multitude of variables that go into calculating the risks associated with insuring someone.

An eighteen year old guy who has just passed his drivers and whose dad buys him a hot hatchback (in your dreams!) is obviously a higher risk profile than a thirty year old guy who buys his own hot hatch back. This much is obvious, but then things start to get a little complicated to calculate when you ask the thirty year old if he is a graduate, and when last he claimed on his insurance policy.  Added to this if he would like combined car and home insurance – which makes it even more complicated.

The calculations are based on a broad number of variables to assess risk and would be outside of most insurance websites abilities. Clever people (like actuaries) have derived these formulas and they are closely guarded and often improved upon.

Thankfully, it’s not really all that hard to get a car insurance quote – why don’t you give it a try.  They will call you and it only takes a few minutes anyway!

If you need to finance a car, and would like to calculate what it might cost you, then this is the place to do it:
http://vehiclefinancesouthafrica.co.za/car-finance-calculator