Accident
An accident is never planned—it is always sudden. To expand on the definition we can call it an unforeseen, unintended, unexpected, unplanned, fortuitous event. The insured is unable to control the event and the results can be a loss, damage, injury or even death.
A car accident can be defined as an event where the driver of a car is confronted with an unforeseen, external happening that may result in damage to the car of the driver, other cars, injuries to the driver, the driver(s) or other car(s), passengers and bystanders and cannot be traced to the driver’s state of mental or physical health before the accident.
Car accidents can be collisions between two or more cars but can also be between a car and anther object (foreign body.) The object could be anything from a tree, a wall, to an animal or people. Accident insurance is a contract to provide cover for loss suffered through an accident, also to compensate for personal injuries. There are various types of policies included in the accident insurance category such as health insurance and personal accident insurance.
Car accidents cost South Africa in the region of R38 billion each year. Motor accidents account for the biggest percentage of insurance claims. If we can reduce the accidents on our roads, insurance premiums will come down.