Accidents during long road trips are very challenging to deal with because of the distance from normal support structures such as your motor insurance provider, friends, and your local mechanic. Someone can feel…read more
When was the last time you checked whether your had a valid driving license? Many motorists, especially those who do not drive across counties, tend to forget to renew their driving licenses, and end up complicating…read more
What signs should a company look for when identifying a good car insurance kenya provider? This question arises whenever a company wants their employees to access group auto insurance services, or if a company…read more
Might you be wondering what a windscreen cover is and whether you may need one for your car? A windscreen cover is a special benefit that protects you against the costs of replacing your windscreen in the event…read more
The Christmas and Esther seasons are travel seasons in Kenya, and naturally, motor insurance companies deal with a high number of claims during these two periods. Before Christmas, you would be forgiven to think…read more
Your motor insurance policy may at times make it necessary for you to engage a lawyer. Auto Insurance policies are actually documents prepared by company lawyers. That explains the “shalls”, “thees”,…read more
10. Accepting Liability after an Accident When you pay your premiums, what you are essentially telling your insurer is, “handle my liabilities”. Why pay the insurance company to do it and then…read more
Comprehensive car insurance is usually the most desirable type of insurance for your car. This is because it provides protection from a wide range of risks you may experience. Comprehensive covers generally give…read more
One of the main objectives of Motor Insurance is to give car owners peace of mind in the event of an accident. In keeping with this objective, many car insurance kenya companies give their clients the options of…read more
How Motor Insurance Companies Calculate Premiums
Posted by InsureAfrika on November 12, 2014
Motor insurance companies provide insurance to motorists based on risk modelling techniques. The fundamental question that the risk model answers is, “how likely is it that this specific customer will make…read more