It is critical to understand the differences between these types of cover in order to make wise decisions when buying a motor insurance cover in kenya.
The three covers are as listed below;
Comprehensive Insurance Cover
The comprehensive cover is the top tier cover offered by private car insurance companies. This cover takes care of a wide range of risks that a motorist may suffer in the process of using his car. Its main features are as follows. The car provides all the benefits of the third party, fire, and theft cover and in addition, it covers car owners from liabilities arising from accidental damage to their car.
The definition of accidental damage is very critical to overall understanding of the cover. Ensure you have a clear idea of the exclusions that may exist on your cover as soon as you receive an insurance cover.
Third Party, Fire, and Theft
This is a second tier cover offered by insurance companies that cover three main risks. First, it covers third parties who may suffer injuries or losses as a result of your car being involved in an accident. This takes away all liability from you and places it on the insurance company.
Secondly, it covers you in the event that your catches fire and is destroyed. It is important to find out which exclusions apply to the types of fire that your insurer will pay for and the ones not covered exclusively.
Third Party Insurance Cover
This is the lowest tier cover issued by car insurance companies in Kenya. It also the minimum legal cover that every car must have to be legally on the road. The cover protects a car owner from the liabilities that may arise from third parties if the car is involved in the accident.
This cover does not protect the car owner from personal liabilities. If there are any repair costs to be met, the car owner must meet them himself.