Motor insurance

Motor insurance is designed to protect the insured from the loss of or damage to their vehicle, as well as damage to third-party property, including bodily injury and death to third parties.

Our company provides insurance cover for a wide range of automobiles for various categories of use, including private cars, commercial vehicles (taxis, buses, and hire cars), commercial vehicles (own goods), commercial vehicles (general cartage), motorcycles, and motor trade vehicles.

AUTO INSURANCE COVERS FROM NEM INSURANCE PLC

THIRD PARTY MOTOR INSURANCE POLICY

This is the minimum insurance that owners of motor vehicles plying Nigerian roads are required to have. The policy covers liability for damage to third-party property up to One Million Naira (N1m) and for death or bodily injury to a third party resulting from the use of the vehicle.

THIRD PARTY, FIRE AND THEFY POLICY

This type of motor policy offers you additional protection in addition to the coverage provided by Third Party Motor Insurance. Your own vehicle is also covered if it is damaged by fire, the result of an attempted theft, or if it is stolen.

COMPREHENSIVE MOTOR INSURANCE POLICY

The Comprehensive Motor Insurance Policy covers the loss or damage to insured vehicles resulting from fire, theft, vandalism, accidental damage, or collisions.

Coverage also includes legal liability for death, bodily injury, or damage to the property of third parties arising from the use of insured vehicles.

Other additional benefits provided by NEM Insurance include, but are not limited to, loss of use resulting from an accident, the installation of an auto tracking device, legal liability arising as a result of accidents, vandalism, malicious damage, and damage due to riot and civil commotion.