There comes a time in a person’s life that you dream of a car, while some dream of houses. And so, as you think of a vehicle, you will ultimately buy one because you just know the type. A few years later, after mastering courage, you will walk to a car dealer’s shop, and behold, you are struck by the beauty of cars paraded in different stripes, with the car dealer juggling keys before your eyes.
I take it by now you have done your background research about cars. You have read car magazines over and over, talked to car owners, and walked in and out of car shops before selecting this one, and I bet you also have the right color in mind. But have you thought of the insurance company you can trust with it?
I have, and so should you.
There are three types of car insurance that you should know of:
Different Types of Car Insurance in Kenya
- Comprehensive car insurance policy – Comprehensive policies provide full coverage for bodily injuries caused by accidents, regardless of who was at fault, and also protects your car against theft.
- Third-Party Car Insurance – This is the most basic type of car insurance policy. It covers your car against damages that results from your own faults, negligence or rash driving. The policy covers liability damages made to the third party and does not cover medical bills.
- Third-Party Fire and Theft Car Insurance – This type of insurance policy protects your car specifically against damages as a result of fire and when it is stolen or broken into. Third-Party Fire and Theft car insurance does not however protect your car against collision damages.
Best Car Insurance Companies in Kenya
The best car insurance companies in Kenya offer high levels of coverage for their customers. These companies provide coverages such as comprehensive and collision damage, fire damage, personal injury protection, and medical payments.
In this article, we will review some of the best car insurance companies in Kenya and explain why they stand out.
Jubilee car insurance is a Kenya-based motor insurance provider that offers a wide range of coverages and services. It has been operating since 1937, and its policies are sold across five countries: Kenya, Tanzania, Uganda, Burundi, and Mauritius.
The company provides only two types of coverages, comprehensive and Third party & Theft. The cover extends to personal accident and medical expenses, third-party liability insurance, fire damage, theft and vandalism, breakdown assistance, and roadside assistance.
Jubilee Car insurance covers are flexible depending on the car’s value and how old the car is. For vehicles less than five years since the date of manufacture, Jubilee offers a motor insurance rate of 3% of the value of the motor.
Jubilee Car Insurance also has Lady Jubilee Auto products designed for the ladies with benefits such as shopping vouchers, free cancer screening, and a free courtesy car.
CIC is a significant player in the Kenyan market with an extensive network of branches across Kenya, Uganda, Malawi, and South Africa, offering competitive rates for their products.
The company offers a wide range of motor insurance products designed best for heavy trucks, pick-ups, lorries, and other commercial vehicles. CIC also provides ladies with the CIC Lady Auto product at discounts and excellent benefits such as a courtesy car and a personal accident cover for the nuclear family.
Other benefits of CIC motor insurance include:
- 24 hr roadside assistance,
- emergency breakdown services
- third-party liability coverage
- collision damage waiver (CDW)
- personal accident protection plans.
- CIC provides trauma counseling for persons involved in road accidents.
- UAP Motor Private Insurance
UAP motor insurance offers a car insurance policy that covers private vehicles used for domestic, pleasure, and social purposes anywhere in East Africa. The insurance policy covers vehicles against loss or damage and Third-party liabilities. In addition, it offers a range of products on Comprehensive Private Motor insurance products with benefits including emergency medical expenses.
APA car insurance covers all three types of car insurance: Comprehensive car insurance, Third Party Car Insurance, and Third Party Fire and Theft insurance. For private car insurance, the value of the premium is more than premiums charged as high as 7% of the car’s value compared to most providers.
AMACO (Africa Merchant Assurance Company) provides Third Party Cover and a Comprehensive policy, which extends to Private Motor Insurance for vehicles used for domestic purposes, recreational and Social adventures. The comprehensive cover protects you against the third party’s death, bodily injury, and property loss and damage, in cases of fire., theft, or accident.
AMACO insurance company also offers Student Personal accident cover that insures you against permanent disablement or death and covers medical expenses during a student’s internship.
What to Know Before Choosing the Best Car Insurance Company.
There are many insurance companies within Kenya, each with its features. Some companies offer discounts to customers with good driving records, while others provide a special living for young drivers or those who live in urban areas.
Before choosing a car insurance company, you must understand what you’re looking for in a policy. Here are some things to keep in mind:
- Age: Car insurance companies typically require their customers to be 18 years old. Many policies also require holding your license for at least two years before applying for coverage.
- Liability: This is another factor that can impact your premium rate. If you’ve been involved in an accident or have been sued by someone else, your liability coverage and your premium rate may go up.
- Income: Your income will impact how much money you pay every month for your premiums. You might also need additional coverage if you have expensive belongings that could be damaged by accident (such as expensive jewelry).
- Driving history: A favorable driving record can help you get lower rates than an applicant with poor history would receive. A good driving record includes no accidents or citations.
The best car insurance companies in Kenya also provide you with a 24/7 emergency service, which is very useful if you have an accident and need assistance immediately. Not all car insurance companies offer this kind of service, so it is essential to check before you buy.
Things to Consider Before Choosing the Best Car Insurance Company
You might be wondering what the best car insurance companies in Kenya are. There are several things to consider when looking for the best car insurance company in Kenya.
- Financial Strength – The first thing to look at is their financial strength. The best car insurance companies in Kenya should have a strong financial standing and be able to offer you the best deals and discounts on your premiums.
- Customer Service – You should also look at their customer service track record and how long they have been operating in the country. If they have been working for years, then you know that they will always be around to help you if something goes wrong with your vehicle or if you need any other kind of assistance due to an accident or theft of your car.
Finally, make sure that you check out the fine print on all of their policies so that you know exactly what each one covers and what it does not cover. You never want to buy something that might not cover all of your vehicle’s issues. Otherwise, it could end up costing you more than necessary.
