Why not?

Why not?

  • Fact: #

45% of people who personally own cars do not insure them. (FinScope 2009)

This week’s theme: Transport in SA

3 responses to “Why not?”

  1. John Sevenoaks

    14 years Ago

    This “fact” is understated the percentage is closer to 70% (seventy). Suggest cross-check with AMPS, ROOTS 2010, Insurance companies ie Hollard.
    May well be a function of Finscope sample, also complexities: types of insurance, cover

  2. Edmond Lee

    14 years Ago

    The economic recession certainly contributed negatively to the estimate, as some people cancelled their insurance and took on the risk themselves in order to save. Hopefully SAIA’s current work on motor insurance will deal with this issue effectively.

  3. metoo

    14 years Ago

    i’ll be joining that percentage next year.

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