Why Chinese cars are getting more expensive to insure in South Africa

• The growing popularity of Chinese car brands in South Africa is making them more expensive to insure due to higher repair costs and increased theft risk.
• The changing demand for Chinese car brands and specific used car models is altering the financial and security risks faced by households, with local supply chains and parts warehouses still being built.
• Insurers are advising policyholders to review their coverage and consider extra security measures to mitigate the increased risk of theft and costly repairs associated with Chinese car brands.