Car insurance prices are more than double the cost compared to five years ago, forcing drivers to cut or reduce their coverage to afford premium costs.
Costlier cars or auto parts can increase claims costs, which take time to filter through to car-insurance rates.
Insurance firm AIICO has said that third-party motor insurance is more than a legal obligation but a safety net for all road users.This was disclosed amid the ongoing nationwide enforcement of ...
Uninsured vehicles on Nigerian roads pose significant risks, with countless road users facing financial and emotional distress each year due to accidents involving vehicles without valid insurance.
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