All You Need To Know About Deposit Protector

It’s a bit disheartening when you put in a lot of effort and the outcome was not worth the time or energy you spent on it. You may end up feeling this way after saving for a deposit, only to have to return what you worked so hard to save for.

What do you mean you’ll protect my deposit?

​If your vehicle is written off tomorrow, how much of the deposit will you get back? The answer is: not all of it. Who pays for the extra damages? The more powerful question you should ask is: are you really invested in your car?

What we can do for you

  • Let’s say your vehicle gets damaged but you have R300 000 worth of coverage. This means we will replace the vehicle or pay you up to R300 000 if it can be repaired.
  • We reward you for being loyal, awarding you up to R10 000 towards a replacement vehicle.
  • If your vehicle is stolen or written off and your claim takes longer than 60 days to process, we’ll cover your monthly instalment for 3 months.

With our Deposit Protector policy, we cover the deposit you pay towards your car. This means that you can go for a test drive with the confidence knowing that the deposit you worked so hard to save and pay is protected. That’s how your deposit protector works with Bidvest Insurance.

Cover for you and for your car.

Bidvest Insurance offers a wide range of insurance products to meet both your personal and vehicular needs.

  • Legal Angel
  • Scratch and Dent
  • Tyre Angel
  • Theftbuster Plus
  • Warranty

Simply complete your details so a Bidvest Insurance consultant can call you back to assist you.

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