Private Cars - vehicles used for individual use
• Commercial Vehicles (cars and buses) - for paying passengers
• Commercial Vehicles (Owner based) - This covers vehicles used for carrying commercial goods owned by the policy holder.
• Commercial Vehicles (General Cartage) – This covers vehicles hired out for carrying goods belonging to others for hire.
• Motorcycles - used for social, domestic; pleasure or commercial purposes.
Third party insurance costs N5,000.00
A group policy can be obtained to cover multiple vehicles that have the same ownership or for vehicles owned by employees of the same organisation. These policies attract a special discount. Discounts are also given when there are no claims during the period preceding the renewal. In the event that a vehicle is sold, the new owner does not inherit applicable discounts.