We all want to drive our dream car. And with the rise of the Nigerian economy, many people can finally afford their own vehicles. But, protecting that investment means you must have the best car insurance in Nigeria.

Best Car Insurance Companies In Nigeria

Best Car Insurance Companies In Nigeria

AIICO Car Insurance

This is a car insurance company that offers comprehensive, third party and collision coverage. The insurance covers third party property damage, liability and medical payments. It also covers theft and fire damage, as well as personal injuries to you or your passengers in the event of an accident.

The company has been in the industry since 1996, so it’s a trusted name in the industry. You can get your car insured from as little as N400 per month if you have a clean driving record. If you have an accident or ticketed driving record, you can still get affordable rates by opting for one of their higher limits of cover.

The company also offers many discounts such as:

Good driver discount – If you don’t have any accidents or tickets on your traffic record, then you could qualify for this discount which could reduce your premium by up to 25%.

Accident-free discount – If you haven’t had an accident in the past three years with AIICO then they may be able to offer you a discount on your premium too (up to 10%).

Zero claims bonus – If you haven’t made any claims against your policy in the past two years then that could also get you another.

Cornerstone Insurance PLC

Cornerstone Insurance is a subsidiary of the financial services conglomerate, Access Bank Plc. The company is one of the most trusted providers of insurance in Nigeria. It offers a wide range of products including Motor, Home, Travel and Commercial insurance.

The company has been doing very well since its inception in 2007 and has grown to become one of the best car insurance companies in Nigeria. It has also won several awards including the prestigious Nigeria Insurance Industry Awards.

It provides affordable car insurance policies that meet different needs of customers. Its website allows you to compare different types of policies, view their features and buy one that suits you best. The company also offers discounts on some policies if you purchase more than one at a time or pay yearly premiums instead of monthly ones. It also offers a free quote service which is available on its website as well as through social media platforms such as Facebook and Twitter.

Anchor insurance is one of the best car insurance companies in Nigeria. This is due to the fact that they have been serving customers for a long time and they have a wide variety of policies to choose from.

Anchor Insurance

Anchor insurance is one of the best car insurance companies in Nigeria. This is due to the fact that they have been serving customers for a long time and they have a wide variety of policies to choose from.

Anchor Insurance offers three different types of car insurance policies; Motor Third Party Liability, Comprehensive and Third Party Only. The first policy covers injury or death of another person as well as damage to their property if you cause an accident while driving your vehicle. The second policy covers third party damages only which means it does not cover any damage to your own vehicle or injuries sustained by yourself or passengers in your vehicle during an accident caused by someone else’s fault. The third policy covers third party damages only which means it does not cover any damage to your own vehicle or injuries sustained by yourself or passengers in your vehicle during an accident caused by someone else’s fault.

NEM Insurance

NEM Insurance is a direct insurance company with a head office in Lagos, Nigeria. It was founded by Mr. Oladipo Adelakun, who is the Managing Director of NEM Insurance.

The company was established in 2017 and it has been providing insurance services to clients across Nigeria since then. The company operates through its branches in Lagos, Abuja and Port Harcourt.

With a strong focus on customer service, NEM Insurance offers comprehensive insurance solutions for individuals and businesses of all sizes. Their product portfolio includes motor insurance, home insurance, commercial vehicle insurance and travel medical insurance among other types of coverage.

The company offers customers a wide range of payment options including credit card payments, mobile money transfer and bank transfer payments among others. They also offer online claims submission via their website so that you can submit your claims without having to visit the branch or make physical copies of any documents required for submitting claims at their offices.

AXA Mansard Car Insurance

AXA Mansard is one of the best car insurance companies in Nigeria. It is a good choice for young drivers and people who have a poor driving record. AXA Mansard offers different types of car insurance policies, including Comprehensive, Third Party Liability and Fire & Theft. The company is also one of the most affordable insurance companies in Nigeria.

The best thing about AXA Mansards car insurance is that it offers flexible payment options including monthly instalments and lump sum payments at the end of your policy period. You can also pay for your policy online using your debit card or credit card.

Another advantage with AXA Mansards car insurance policies is that they offer worldwide coverage, which means that you can use them anywhere in the world without being restricted by territorial restrictions as with other insurers.

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