This is the most commonly known class of insurance. Depending on the cover bought under this class of insurance, cover can be provided for accidental loss or damage to the insured vehicle and liability to third party.
This insurance is designed for Motor cars (private or commercial use), buses, trailers, trucks, motorcycles, tricycles and other vehicles (including Agricultural vehicles and those regarded as special types).
There are three main covers under this class of insurance business;
THIRD PARTY INSURANCE COVER -: This is not only made compulsory by law, it is also the minimum form of motor insurance in the Nigeria Insurance Market. It provides majorly four benefits which are;
THIRD PARTY FIRE & THEFT INSURANCE COVER -: This is another form of cover that can be purchased by vehicle owners. It is an upgrade of the first cover, hence. It covers in addition to the benefits of Third Party Insurance the following;
COMPREHENSIVE INSURANCE COVER -: As the name implies, this form of cover is more robust and wide-ranging than the first two covers of motor vehicle insurance mentioned above. It covers, in addition to the already stated benefits in the two earlier covers,
To enable us advise the premium payable for any of the covers listed above, we will require the following information:
We do automatic upload of your Motor Insurance Certificate on the Nigerian Insurance Industry Database (NIID) for ease of verification by law enforcement agencies.