South African motorists may face severe consequences for speeding, including the potential loss of insurance cover. Learn how reckless driving can affect your claims and what you need to know to stay protected.
South African motorists who treat speed limits as optional could face more than fines or criminal charges after a crash, they may also find themselves without insurance cover.
That is the warning from Christelle Colman, chief executive and founder of Ami Underwriting Managers, following concerns raised by the National Financial Ombud Scheme South Africa (NFOS) about the impact reckless speeding can have on motor insurance claims.
“Drive as if you are not insured,” Colman says.
In a recent statement, the NFOS warns that while standard motor insurance policies generally cover negligence and honest mistakes, dangerous speeding could amount to a breach of a policy’s “due care” or “reasonable precautions” clauses, potentially leading to rejected claims and sharply higher premiums.
