Driving on Nigerian roads is an extreme sport. This means dealing with unpredictable roads, reckless drivers, and the occasional danfo (commercial buses) swerving into lanes without warning. A single accident can lead to huge expenses, legal issues, and unnecessary stress. This is why having Auto insurance is essential for every Nigerian driver.
The Reality of Road Accidents in Lagos
Many big cities in Nigeria don’t sleep but with this constant movement comes risks that can turn a normal day into a financial nightmare. This is the story of Marcus, a Lagos driver who learned the hard way why Auto Insurance is not just a luxury but a necessity.
Marcus was a typical Lagosian. He worked hard, hustled harder, and relied on his car to get him through the city’s notorious traffic. One sunny afternoon, while driving home from work, life came fast at Marcus.
As he approached a busy intersection in Surulere, another car suddenly swerved into his lane. Marcus tried to avoid the collision, but it was too late. The two cars crashed, leaving both vehicles badly damaged. Thankfully, no one was seriously hurt, but the financial implications were immediate.
The other driver demanded compensation for the damage to his car, and the police were called to the scene. Marcus, who thought he had insurance got the biggest heartbreak of the day when he realised that the insurance he had was fake. He was faced with a daunting reality: he would have to pay for the repairs out of pocket.
The damage to the other car was extensive, and the repair costs quickly added up. Marcus was quoted ₦500,000 to fix the other driver’s vehicle. In addition, he had to pay for the repairs to his own car, which cost another ₦300,000.
Marcus’s savings were wiped out in an instant. He had to borrow money from friends and family to cover the costs and the financial strain affected every aspect of his life. He couldn’t believe how one accident could cause so much devastation.
A few weeks after the accident, Marcus shared his story with his friend Tunde. Tunde, who had been in a similar situation years ago, listened patiently and then asked, “Ahh, Marcus, how didn’t you know your insurance was fake?”
“I got it from this random guy he said, I didn’t know it was fake” he answered.
Marcus explained how surprised he was. He had always just sent money to any random guy to get him insurance. But Tunde explained how buying directly from a trusted insurance company or their agents could have saved him from the financial disaster he was now facing.
With Genuine Auto Insurance, especially Comprehensive Auto Insurance, the insurance company would have covered the cost of the other driver’s repairs and yours,” Tunde said. “You wouldn’t have had to pay a single kobo out of pocket.
Tunde went on to explain the basics of Auto Insurance to Marcus:
- Third-Party Auto Insurance: This covers damages or injuries you cause to others while driving. It’s the minimum legal requirement in Nigeria and is designed to protect you from financial liability.
- Comprehensive Auto Insurance covers damages to your own vehicle and third-party liabilities. It also includes protection against theft, fire, and natural disasters.
Marcus realized that his friend was right. He had been taking a huge risk by driving without genuine Auto Insurance. Determined to never face such a situation again, he decided to get insured by a reliable insurance provider.
After researching his options, Marcus chose Leadway Assurance. He was impressed by our affordable rates, quick process, and excellent customer service. Within minutes, he had his Third-Party Auto Insurance certificate and the peace of mind that came with it.
Marcus’s story is a reminder of how quickly life can change on the roads. Without Genuine Auto Insurance or Auto Insurance at all, a simple accident can lead to financial disaster. But with Leadway Assurance, you can drive with confidence, knowing that you are protected no matter what happens.
Don’t make the same mistake Marcus did. Get your genuine Auto Insurance today and protect yourself from the unexpected. Visit Leadway Assurance’s website or say “HI” to +234 812 999 7044 on WhatsApp to get started now.
