This is a type of insurance provided to motor vehicle. There are three type of motor vehicle insurance namely:

  • 3rd party only
  • Third party fire & theft
  • Comprehensive

3rd party only

  • This an act under traffic act which states that any motor vehicle on the road should have at least a 3rd party insurance cover.
  • It covers liabilities arising from a 3rd party’s injury and property damages.

3rd party fire and theft

  • This covers the third party liabilities fire and theft. This is in case the vehicle is damaged as a result of fire or theft

Comprehensive cover

  • This policy cover the motor vehicle against own damage ,3rd party only and 3rd party fire and theft

 

  • To quote on this we need the vehicles value.

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