Car Insurance Companies With Offices in Borno State, Nigeria


Car Insurance Companies with Offices in Borno State.

Find the Best Car Insurance Company Office in Borno State

In this article, you will find a list of car insurance companies that have an office in Borno State, Nigeria. The companies include Leadway Assurance Company Limited and Niger Insurance Company Plc. The article also provides information on the types of car insurance that each company offers, as well as the benefits of each type of insurance.

List Of Car Insurance Companies With Offices in Borno State

If you are looking for car insurance in Borno State, Nigeria, there are a few companies that you can choose from. These companies offer a variety of car insurance products to meet your needs.

1. Leadway Assurance Company Limited

Leadway Assurance Company Limited is one of the leading insurance companies in Nigeria. They offer a wide range of car insurance products, including comprehensive cover, third-party cover, and third-party, fire and theft cover. They have an office in Maiduguri, the capital of Borno State. Here are the types of car insurance that they offer:

A. Comprehensive Auto Insurance

This policy provides the widest cover against fire, theft, and other damages caused to your vehicle. It also covers death, bodily injury, and damages to the vehicle or property of third parties caused by the insured vehicle(s). Here are some of the benefits:

  • Accidental damage to own vehicle.
  • Loss/damage to own vehicle by fire or theft.
  • Covers damage to another’s property up to ₦3,000,000.
  • Accidental total and permanent disability to the insured to a limit of ₦1,000,000.00.
  • Covers medical expenses, including that of other vehicle’s passenger(s), to a limit of ₦100,000.00 in the event of hospitalization due to an accident.

B. Third-Party Auto Base

This policy provides coverage for third-party property damage and bodily injury. Here are some of the benefits:

  • Covers damages to the other person’s (third party) vehicle or property up to ₦3,000,000.
  • Covers death or bodily injury to the third party in the event of an accident caused by the insured vehicle.
  • The premium payable is ₦15,000.

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C. Third-party auto insurance cover

This is the most basic type of car insurance and only covers third-party property damage. Here are some of the benefits:

  • Covers damages to the other person’s (third party) vehicle or property up to ₦3,000,000.
  • The premium payable is ₦15,000.

Contact Address: Shehu Laminu Way, 100111, Maiduguri, Borno.

2. Niger Insurance Company Plc – Another Car Insurance In Borno

Niger Insurance Company Plc is another leading insurance company in Nigeria. They offer a wide range of car insurance products, including comprehensive cover, third-party cover, and third-party, fire and theft cover. They have an office in Maiduguri, the capital of Borno State.

Niger Insurance Company Plc is another leading insurance company in Nigeria. They offer Third Party Motor Insurance, which covers third-party property damage and bodily injury. You can buy Third Party Motor Insurance and print your certificate online for the following types of vehicles:

  • Motorcycle: ₦2,500.
  • Tricycle: ₦2,500.
  • Private Vehicle: ₦5,000.
  • Commercial Own Goods: ₦7,500.
  • Omni Bus: ₦8,500.
  • Luxury Buses: ₦15,000.

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Features of the Car Insurance Borno Coverage

  • The coverage offered by this insurance plan includes protection for a Third Party for incidents such as injuries/death and property damage caused in an accident involving the insured vehicle.
  • The payable premium for Third Party Motor insurance is ₦5,000 (Five Thousand Naira).
  • This Policy does not offer cover for own damage (coverage for the Insured vehicle).
  • There is no upper limit on the amount a Third Party can receive as compensation for death/injuries.
  • Accidental property damage to third-party vehicle of up to ₦1,000,000.00 (One Million Naira).

Contact Information: 153, Sir Kashim Ibrahim Rd, Maiduguri.

What Do You Do?

You are a resident of Maiduguri, Borno State, Nigeria, and you recently purchased a new car. You are looking for car insurance to protect your investment and comply with Nigerian law. What will you do:

  1. Research car insurance companies in Borno State. Based on the article, you know that Leadway Assurance Company Limited and Niger Insurance Company Plc are two reputable companies with offices in Maiduguri.
  2. Compare the car insurance products offered by each company. Both companies offer comprehensive cover, third-party cover, and third-party, fire and theft cover. You should consider the type of coverage you need and the cost of each policy when making your decision.
  3. Contact the car insurance companies for quotes. You can get quotes online, by phone, or in person. Be sure to ask about discounts that you may be eligible for, such as if you have a clean driving record or if you are a member of certain organizations.
  4. Choose the car insurance company that offers the best value for your money. Once you have compared quotes, you can choose the car insurance company that offers the best coverage at the most affordable price.