Tagged: Road Accident Fund

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Road Accident Fund payouts. How much do they pay?

Average Road Accident Fund payout per case since 2015 Loss of Support: R370,000Loss of Earnings: R730,000General Damages: R330,000Medical Expenses: R9,500 Examples of recent Road Accident Fund payouts Payout Amount: R2,887,380A man who sustained serious injuries, including fractured vertebrae, fractured knee...

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What is the Road Accident Fund?

Let’s first define what the Road Accident Fund is… The Road Accident Fund a public body. It’s funded by me and you. Every time we put petrol into our car, we’re paying a contribution...