The Nigerian Police recently commenced the enforcement of third-party vehicle insurance, with defaulters likely to pay up to N250,000 if caught.This enforcement seems to be more effective in Lagos, Akwa Ibom and Edo states, while the Federal Road Safety Corps (FRSC) and the...
A gap in your car insurance coverage can have serious consequences, from legal penalties to significant financial risk. Whether caused by missed payments, policy cancellations, or transitions between insurers, these lapses in protection can impact your driving record, insurance rates, and financial security...
It's often a non-negotiable for car owners and, like most things, it's costing Australians more and more each year. Comprehensive car insurance may get cheaper the older you are, but even people in the age...
Insurance prices increased by 14% as of September last year.Australians paid an average of $585.27 (A$929) per policy for car insurance coverage, based on data from Australian Prudential Regulation Authority (APRA) covering 18.13 million active policies and $10.58b (A$16.8b) in gross written premiums...
Dealers looking to better satisfy the evolving preferences of car shoppers should take a fresh look at car insurance.As car buyers navigate affordability challenges, embedded insurance and financial products (such as warranties and GAP insurance) can sometimes derail almost-finalized deals. While dealers can’t...
