{"id":559,"date":"2014-10-07T14:03:27","date_gmt":"2014-10-07T14:03:27","guid":{"rendered":"https:\/\/www.comparecarinsurance.co.za\/?p=559"},"modified":"2018-01-17T13:49:23","modified_gmt":"2018-01-17T11:49:23","slug":"the-road-accident-fund-compensates-the-uninsured","status":"publish","type":"page","link":"https:\/\/www.comparecarinsurance.co.za\/third-party-insurance-cover\/the-road-accident-fund-compensates-the-uninsured\/","title":{"rendered":"The Road Accident Fund Compensates the Uninsured"},"content":{"rendered":"
South Africa’s car insurance industry is well-developed, and a social security such as the Road Accident Fund has existed since the 1970s. The purpose of the fund is to compensate third parties who do not have insurance against a driver’s negligent driving. Simply, if you do not have at least third party insurance<\/a>, your victim can claim for compensation from the fund.<\/p>\n Unlike in other countries like the USA, car insurance in South Africa is not mandatory, even though the advantages of having at least third party liability cover are well documented. This non-requirement thus puts the uninsured road users at a huge disadvantage. The Road Accident Fund acts as a means to prevent this situation.<\/p>\n