Young Ghanaian Drivers and Car Insurance

One of the most exciting experiences any young person in Ghana will have is having a car for the first time. Apart from the convenience that having a car will bring in terms of movement, it is also a status symbol which gives one some social capital.

But having a car as a young Ghanaian is not all about fun, there are responsibilities which come with it. A car requires regular maintenance to ensure that it does not break down and leave you in a critical situation. You also have to be more concerned about security when you have a car. When you go out you have to think about where to park. You have to pay road tolls.

Apart from all the responsibilities mentioned Ghanaian law requires that cars should have insurance. This means that you will have to find an insurance company that offers car insurance and then you will have to make periodic payments to them in exchange for them handling the expenses in case of any agreed upon misfortune that occurs with you and your vehicle.

In getting this car insurance you must understand that the premiums that you will have to pay periodically will depend on factors such as the level of coverage needed, the market value of the car and how risky the company thinks the driver is. Options for the coverage range from comprehensive insurance which will provide coverage of almost all misfortunes that could happen to the car to third-party insurance which will bear the expenses of a third-party which was involved in an accident with the vehicle of the policy-holder. Between these two extremes of car insurance, there are mid-ranged options offering varying degrees of protection which one can choose from.

As a young driver seeking to reduce the premiums paid periodically, you must look at the various premiums offered by the insurance companies for the level of insurance you need and then make a decision on which deal is the best.

But securing a car insurance policy is far from the only thing you need to do to ensure that you will have your expenses covered in the event of an accident. You also need to be sure that in such an event your policy will not be voided due to your actions. In order to prevent this occurrence, you should ensure that you always have a valid driving license that is not expired. You should always ensure that your car’s road worthy certificate is up to date. And finally, you should know road regulations and stick to them as much as you can.

So, now that you have information about car insurance in Ghana it is time to get one. Visit GhanaCompares.com to see a comparison of the various car insurance policies offered by insurance companies and select the one which best fits your budget. GhanaCompares will save you the time and effort that will be required to visit each of the insurance companies as it offers all the information you would need to make your decision upon request. So, what are you waiting for? Get started today.

GhanaCompares Blog Team