Personal Insurance
Cover for the things that matter in your everyday life
Personal Insurance You Can Count On
Personal insurance protects the everyday assets that keep your life running smoothly. Your car gets you to work. Your home keeps your family safe. Your phone and laptop keep you connected. If something unexpected happens like an accident, theft, fire, or storm damage the financial impact can be heavy.
In South Africa, rising repair costs, load-shedding risks, and severe weather events make proper cover more important than ever. Insurance works like a financial safety net. Instead of paying a large, sudden expense out of your own pocket, your policy helps carry that cost so you can recover faster and move forward with confidence.
At Murphy’s Insurance Brokers, we focus on clear, practical cover that fits your lifestyle. We compare options from leading South African insurers and structure policies around what you actually need not extras you don’t. As your life changes, your cover can adjust with it.
Covering the Full Spectrum of Personal Insurance
Choose from a range of personal insurance options designed to be clear, simple, and easy to understand.
Car & Motorcycle
Insurance
Cover for accidents, hijacking, theft, and damage caused by weather events.
Building
Insurance
Protection for your house against fire, storms, burst pipes, and structural damage.
Home Contents
Insurance
Protects the items inside your home if they are damaged, destroyed, or stolen.
Portable Items
Insurance
Protects items like cellphones, laptops, and jewellery when you’re on the move.
Frequently asked questions about personal insurance
How are my premiums calculated?
Your monthly premium (the amount you pay) is based on:
- The value of what you’re insuring
- Your claims history
- Your location
- Security features (alarms, tracking devices, gated estates)
- The excess you choose (the amount you pay first when claiming)
Example:
If you live in a secure complex with alarms and haven’t claimed before, your premium may be lower
What is an excess?
- An excess is the portion of a claim you agree to pay yourself.
- For example, if your excess is R2,500 and your claim is R20,000, the insurer pays R17,500.
Why it matters:
Choosing a higher excess usually lowers your monthly premium but you must be able to afford that amount if you claim.
What is not covered by personal insurance?
Most policies do not cover:
- Wear and tear
- Maintenance issues
- Gradual damage
- Intentional damage
- Certain high-value items unless specified
Why it matters:
Insurance covers sudden and unexpected events not ongoing neglect or normal aging.
Always read your policy wording carefully.
Do I need to insure my home for market value or replacement value?
- You should insure your home for its replacement value, not its market value.
- Replacement value is what it would cost to rebuild your home from scratch.
- Market value includes the land and property demand which insurance does not cover.
Example:
If your home’s market value is R2 million but rebuilding costs R1.4 million, you insure for R1.4 million.
Why it matters:
If you underinsure, the insurer may apply “average” (a penalty where you’re paid out proportionally less).