Imagine waking up to find your car stolen, or getting bashed by a Danfo bus on your way to work . These situations can be a nightmare for any car owner, but there is a powerful shield that can protect you financially even if such unexpected events occur- it is called Comprehensive Auto insurance. At Leadway Assurance, we believe every car owner should understand this crucial coverage. We’ve created this simple guide to explain Comprehensive Auto Insurance, what it covers, and why it is a smart move.

What is Comprehensive Auto Insurance?

Comprehensive Auto Insurance is a type of car insurance that  offers the most extensive coverage for your car.

Comprehensive Auto Insurance gives you complete protection for your vehicle. It covers loss or damages to your vehicle in the event of unforeseen and accidental perils like  fire, theft, vandalism, flood and lots more. This insurance also takes care of costs if your vehicle causes injury or death to others or damages their vehicle or property.

Here is what makes comprehensive auto insurance special:

Comprehensive Auto Insurance offers the most extensive coverage. Some features that makes it special include:

–  It doesn’t only cover third party vehicles and property, it also covers accidental damage to your own car.

– Covers Loss/damage to your car by fire or theft.

– Covers damage to another’s property up to 3 million naira.

– It Covers Accidental total and permanent disability to the insured to a limit of ₦1,000,000.00

– Covers your medical expenses including that of a third party’s car’s passenger(s) to a limit of ₦100,000.00 in the event of a hospitalisation due to the accident.

What Does Comprehensive Auto Insurance Cover?

Now, let’s talk about what Comprehensive Auto Insurance actually covers. Remember, this is not just for crashes with other cars,  Comprehensive Auto Insurance protects you from other types of damages as well:

  1. Theft: If someone steals your car, Comprehensive Auto Insurance has got you covered.
  2. Fire: If your car catches fire, don’t panic! Your Comprehensive Auto Insurance will help.
  3. Natural disasters: Floods, earthquakes, or even falling trees – Comprehensive Auto Insurance protects you.
  4. Accidents: If someone damages your car during an accident you are covered. A Comprehensive Auto Insurance also covers damages you made on Third-party vehicles and property.

Why is Comprehensive Auto Insurance Important in Nigeria?

You might be thinking, “Do I really need Comprehensive Auto Insurance in this economy?” The answer is yes, and here is why:

  1. Unpredictable weather: Nigeria experiences heavy rains and flooding. Comprehensive Auto Insurance protects your car from water damage.
  2. Security concerns: Unfortunately, car theft can happen. Comprehensive Auto Insurance gives you financial protection if your car is stolen.
  3. Road conditions: Our roads can be rough, increasing the chance of accidents on the road. Comprehensive Auto Insurance covers damages caused to your car by collision with other cars.
  4. Peace of mind: With comprehensive Auto Insurance, you can drive knowing you’re protected financially if an unforeseen accident happens.

How to Get Comprehensive Auto Insurance with Leadway Assurance

Getting Comprehensive Auto Insurance with us is easy:

  1. Contact us: Visit our website Comprehensive Auto Insurance – Leadway Assurance
  2. Tell us about your car: We will need information like the make, model, and year.
  3. Get your quote: We will tell you how much your comprehensive auto insurance will cost.
  4. Start your policy: Once you pay, your coverage begins!

Conclusion

Comprehensive Auto Insurance is a powerful tool to protect your car in Nigeria. It covers a wide range of risks, from theft to natural disasters. Although Third-party Auto Insurance is the minimum cover required by law, its coverage is limited to third party liabilities that’s why Comprehensive Auto Insurance is a good buy.  It gives you peace of mind knowing your car is protected from many types of damage.

We are here to help you understand and choose the right comprehensive Auto Insurance for your needs. Reach out to us today, and let’s get your car the coverage it deserves!