Dear Insurance Info, I bought two cars from a friend that sells cars. We have been friends for decades. I bought a car from him about 5 years ago and it served me really well. So when I wanted to buy another car, naturally, I reached out to him. I bought two cars from him. One for my personal use and another for my hire purchase business. Because I trusted…
Dear Insurance Info, I just wanted to say that your insurance blog was really helpful. I’m in the process of sorting out my car insurance. They gave me a quote with and without excess buy back. I wasn’t sure because my ex sorted it out for me the last time. So I googled “what is excess buy back” and your article “Why you…
Comprehensive insurance has a way of giving us an unnecessary confidence. We assume that once you have comprehensive insurance, any problem with the car would be covered. Unfortunately, a lot of people do not know that insurance will not protect you when you have mechanical problems with your car. Recently, while at work, I got a call from my wife to inform me that her car would not move into…
Dear Insurance Info, I am very worried about losing my source of livelihood due to Covid-19. So I have been seriously thinking of another source of income. So I figured since I have a car and I spend most of my time at work, why not hire someone to use my car for Uber business while I insure the car in case of theft. I would like to confirm…
Two days ago, I turned on the TV and I was watching Channels Television when I saw an NNPC petrol station on fire in Ogba. All I could think about was, I hope no one died in this fire outbreak. I went on their website and I saw pictures of damaged cars including the featured picture of this article. There would be no recourse for these victims. Which brings me…
Dear Insurance Info, In January I insured my car for about N120,000.00 a year. So far I have not made any accident claim. Due to the lock down here in Lagos, my company now makes us work from home. For about a month now, I have not been driving except when I want to go to the market to buy food. Now, I feel like the insurance money…