King Price Insurance  


28 June 2008

VW to Provide Insurance for Citi Model

After experiencing declining sales of its popular VW Citi model because of the difficulty of getting proper insurance coverage on the cars, Volkswagen South Africa has decided to take matters into its own hands and create a unique and comprehensive insurance package on the car. The insurance will be valid for all new purchases of the VW Citi.

Volkswagen  Citi Golf Insurance
Volkswagen Citi Golf Insurance
Due the the high rate of theft of the Citi Golf, VW had no choice but to introduce its own insurance product.

The VW Citi has been regularly targeted by criminal elements and an usually high proportion of car thefts and hijackings involve this model, according to police statistics. As a result, several South African insurance companies refused to cover the VW Citi or simply required car owners to install sophisticated protection systems.

Santam instructed all its Citi Golf owning policyholders last year that they would need to fit their cars with tracking devices if they wanted to continue being covered, while Hollard simply decided to stop insuring Citis that were manufactured between 2004 and 2006 as they posed too much of a risk.

At the time, Santam's manager of underwriting, Herman de Meyer said: "Santam is aware Citi Golf pose a high theft risk."

The new insurance policy, created in partnership with Alexander Forbes Insurance, offers comprehensive coverage for all new VW Citi purchases. The most important element of the CitiPlus is that it does not require policyholders to install expensive tracking devices, as requested by other companies.

In addition, Volkswagen South Africa would be providing policyholders with a number of excellent perks, such as medical service, motor service, emergency home service and accident management. The customer would also enjoy benefits such as free emergency service and referral assistance.





Be the first to comment on this article!

 
Story Highlights »
    • Needed for the targetted Citi Golf
    • Alexander Forbes the partner of choice

3 Easy Steps To Saving On Your Insurance
Step 1
Fill in our simple form
  First Name:
Surname:
Email:
Contact Number:
Cell Number:
Cover needed:
Step 2
Click on the button, then sit back and relax while we get the best quotes from our insurance partners
Step 3
Save time and money!


King Price Insurance