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NAICOM Set To Announce New Price For 3rd Party Motor Insurance - Car Talk (2) - Nairaland 4w3l11

NAICOM Set To Announce New Price For 3rd Party Motor Insurance (10002 Views)

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candidbabe(f): 10:45am On Oct 11, 2021
Patiently waiting
chloride6: 10:46am On Oct 11, 2021
No more 5k insurance

PattBF right now

davit: 10:59am On Oct 11, 2021
Such a useless insurance policy!
Doctortyre: 11:42am On Oct 11, 2021
Esseite:
You want to increase the price of the useless 3rd party paper that covers nothing on Nigeria?

I wonder o
Dada4me: 12:27pm On Oct 11, 2021
Please I need lectures on what my rights are concerning this kind of insurance. It makes me sick each year paying 5k.

What's my benefit please?
ceaser: 12:49pm On Oct 11, 2021
Another repressive policy. Thanks to the d1ck-tator in Aṣọ Rock.
Re: NAICOM Set To Announce New Price For 3rd Party Motor Insurance by Nobody: 1:31pm On Oct 11, 2021
Hello guys a new solidarity movement was created for Nigerian youths (students precisely)
Quote me to show your interest
TerrorSquad147: 1:34pm On Oct 11, 2021
tutudesz:
New New price everywhere undecided Gas that 7k last week is now 7800
that's what I just paid
Elonmuzk(m): 1:37pm On Oct 11, 2021
Do they have vehicle insurance in Nigeria? shocked shocked
tutudesz: 1:37pm On Oct 11, 2021
TerrorSquad147:
that's what I just paid
We may end buying Gas 10000-12000 by December time
bobbiiee: 2:18pm On Oct 11, 2021
Third party as the name suggests, does not cover your car, it covers the car you hit with yours.

Depending on the insurance company, some pay as much as N1 mill in the event of an accident. A good example is Consilidated Halmark Insurance.

Sadly, most driver don't make claims when they hit someone, they simply sort it among themselves instead of ing the burden to the insurance company. I don't have the figures, but it's possible that over 85% of those doing 3rd party insurance are not aware of their right, thereby not making any claims.

Doing insurance is very easy now because payment can be done directly online, and the insurance certificate will be sent to your email. This has been my method for four years. Prior, I do insurance at the licensing office.

Sadly, some of the agents some car s patronize hand over fake insurance cover to people. My dad was defrauded by a staff of an insurance company. I didn't realise until 8 months late. I took it up with the staff, he denied, claiming there was a mistake somewhere. I took it up with the company. They gave me new insurance certificate 3 weeks after doing their investigation.

To if your insurance is genuine, go to
https://askniid.org/Policy.aspx





Dada4me:
Please I need lectures on what my rights are concerning this kind of insurance. It makes me sick each year paying 5k.

What's my benefit please?
Dada4me: 4:38pm On Oct 11, 2021
[quote author=bobbiiee post=106644239]Third party as the name suggests, does not cover your car, it covers the car you hit with yours.

Depending on the insurance company, some pay as much as N1 mill in the event of an accident. A good example is Consilidated Halmark Insurance.

Sadly, most driver don't make claims when they hit someone, they simply sort it among themselves instead of ing the burden to the insurance company. I don't have the figures, but it's possible that over 85% of those doing 3rd party insurance are not aware of their right, thereby not making any claims.

Doing insurance is very easy now because payment can be done directly online, and the insurance certificate will be sent to your email. This has been my method for four years. Prior, I do insurance at the licensing office.

Sadly, some of the agents some car s patronize hand over fake insurance cover to people. My dad was defrauded by a staff of an insurance company. I didn't realise until 8 months late. I took it up with the staff, he denied, claiming there was a mistake somewhere. I took it up with the company. They gave me new insurance certificate 3 weeks after doing their investigation.

To if your insurance is genuine, go to
https://askniid.org/Policy.aspx

I am grateful for this enlightenment.

If I online for insurance, will licensing office do the car permit renewal for me without paying for the insurance?
aryzgreat: 4:42pm On Oct 11, 2021
Lalasticlala
TerrorSquad147: 6:29pm On Oct 11, 2021
tutudesz:

We may end buying Gas 10000-12000 by December time
if not more than sef angry
bobbiiee: 10:26pm On Oct 11, 2021
Yes, they will.
bobbiiee: 10:30pm On Oct 11, 2021
Yes, they will.

Licensing office is saddled with allocation of new numbers, vehicle license, & hackney permit for commercial vehicles.

It's your choice to do your insurance anywhere. You can do it there if you want to. They can't force you to do so.

The type of insurance (comprehensive or 3rd party) is your choice.

Now that some states have mandated that vehicles are to be tested before giving road worthiness certificate. Though, there are ways around it. If you are based in lagos, you can drive to LACVIS center and get your roadworthiness done yourself. It's even cheaper that way.

Dada4me:
[/quote]

If I online for insurance, will licensing office do the car permit renewal for me without paying for the insurance?

[quote author=Dada4me post=106648429]
bobbiiee: 1:42pm On Jan 28, 2022
[quote author=Dada4me post=106648429][/quote]

Yes, they will. It is not mandatory for you to do your insurance there.

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