In the underwriting sections we consider the following aspects as stated below:
Coverage Per Class/ Benefits
Within the three insurance covers that is third party only, third party fire and theft together with the comprehensive there some of each one benefits which are;
Third Party Only
- Cover for vehicle whilst on the road or in public place but remaining within the territorial limits.
- Third party property damage (limit) for private cars.
- Legal costs incurred in the defence of a claim.
- Indemnity to anyone who is driving or using the vehicle on the insured’s order or permission unless as is very common driving is restricted to named individuals or husband and wife only.
- Indemnity to passengers, employers or business partners should they held responsible for the accident.
- Indemnity for accidents which occur where the insured is driving a car that does not belong to them. Note all insurers provide this cover; those that they do have agreed to introduce market wording o that the extension of cover is not used for securing the release of vehicle seized by ht police (since this could have effect of putting uninsured vehicle beck on the road)
Third Party Fire and Theft
- Includes the cost of repairs of the insured if their vehicle is damaged by fire, lightning, and explosion.
- Damage either during attempted theft or while it is stolen.
- Stolen and not recovered.
Comprehensive cover
- Stolen and not recovered
- Damage either during attempted theft or while it is stolen
- Includes the cost of repairs of the insured if their vehicle is damaged by fire, lightning, and explosion.
- Legal costs incurred in the defence of a claim
- Third party property damage (limit)
- Indemnity to passengers, employers or business partners should they held responsible for an accident etc.