The Best Types of Car Insurance in Kenya
In most cases, when you buy a car, you only consider aspects like security and maintenance. But that shouldn't be the case especially if you want to experience t
In most cases, when you buy a car, you only consider aspects like security and maintenance. But that shouldn't be the case especially if you want to experience the world longer. Whether you have a car or want to purchase one, the appropriate step is to find an insurance company that suits your needs. However, if you haven’t insured your vehicle, you may pay more for expenses related to breakdowns or accidents.
Why must all vehicles have insured? The Kenyan government has authorized every automobile owner to purchase an insurance coverage policy. To avoid extra costs related to the accident, consider an insurance policy. But it doesn’t mean that you strike a deal with any insurance firm! It's vital to search across the market before striking a deal with a specific car insurance firm in Kenya.
The most known insurer in Kenya is Allianz. This business empire focuses on three coverage plans to protect customers' vehicles. As the best insurance firm in Kenya, it has extended its main services globally. Here, we’ll look at different types of car insurance policies:
ü Compressive car insurance
ü Third-party insurance
ü Theft insurance and third-party fire
Many netizens prefer Third Party car insurance due to its cost variations. Allianz is one of the best insurance companies in Kenya that offers a wide array of benefits to clients. So, select one that matches your requirements.
Further, it provides custom-tailored packages based on the customer's needs. In this segment, we’ll discuss the types of car insurance covers in Kenya.
Let's get started!
Third-party car insurance
The Kenyan government has imposed strict guidelines on all automobile owners to protect their vehicles. But the choice of policy is based on users’ needs.
Which type of car insurance policy is the best? Third-party car insurance provides fundamental benefits to protect your vehicle in case it is involved in an accident. The policy matches individuals looking for a minimum coverage package. Here is the list of its benefits:
ü It helps clients manage their cash flow effortlessly.
ü It applies to street-legal cars.
ü It’s the best insurance option if you're sure your vehicle won't involve in a serious accident.
ü It works as a long-term storage facility.
What type of auto insurance pays for personal injury and property damage to others? The third-party plan pays all expenses incurred during accidents such as rash driving, fault, or negligence. It also takes responsibility for damage caused by other people, property, or vehicles. However, it doesn’t cover medical bills incurred from the expenses caused by the damaged vehicle or acute injuries.
That means the plan only covers the third party involved in the accident but won’t serve as your umbrella. Third-party car insurance offers the maximum coverage across all third-party liabilities subjected to you. In that case, I’m talking about the Allianz insurance firm.
Theft insurance and third-party fire
This is the best type of car insurance for first-time drivers and covers theft, third-party involvement, and third-party fire. The plan offers the best coverage package, particularly for your car. Plus, it's the cheapest type of car insurance in Kenya. Moreover, it's more effective and covers a few risks an individual may face over time.
It has detailed terms, which are more understandable and structured. And that is why many people purchase it. Also, it covers the expense incurred due to loss or damage like accidental fire and theft.
Theft insurance and third-party fire is special policy because it covers the most standard car risks that you may encounter over time.
Comprehensive car insurance
As many continues buying automobiles, it's important to consider an insurance policy to protect your vehicle. Comprehensive insurance is the type of car insurance policy that provides complete protection and has friendly terms and costs.
Unlike theft and fire, and third-party insurance, comprehensively provides complete protection for your car. It also comes with a wide array of insurance packages, including:
ü Emergency medical billing expense
ü the cost incurred due to the damage or loss of car parts
ü Third-party expenses
Specifical car insurance considerations
It’s necessary to cover your commercial and private vehicles because they spend many hours on the roads. Generally, these vehicles are specialized in carrying goods and passengers. In addition, they’ve unique functions and designs compared to personal vehicles, so, they need to follow strict guidelines to continue serving Kenyan netizens.
Most insurance companies understand the needs and want of commercial motor insurance in Kenya. So, their aim is to provide structured commercial motor insurance policies to business gurus in the automobile industry. Plus, helps policyholders protect their vehicles from expected risks.
Further, they’ve talented and experienced gurus to share insights about their service and Kenyan commercial automobile owners. As a wise customer, do intensive research before striking a deal with any insurance firm.