Car Insurance Premium Calculator Kenya

Our service is completely free of charge to the consumer we charge 0 fees or commissions.

Car insurance premium calculator kenya. The company will calculate the car insurance or the premiums depending upon the provided information specific factors and the chosen level of car insurance cover. Oto my is the best way to buy and sell new used and reconditioned cars in malaysia. Comprehensive car insurance in kenya covers damage caused by incidents other than a car accident. Total premium ksh 0 00 whilst every effort has been made in building these calculators we are not to be held liable for any special incidental indirect or consequential damages or monetary losses of any kind arising out of or in connection with the use of the tools and information derived from the web site.

You can use our car insurance calculator to help you determine the premiums you will be paying on your new or used car. A motor insurance is purchased for cars trucks motorcycles and commercial road vehicles. Use oto my to reach over 2 000 000 car buyers on malaysia s 1 automotive network. As a result of high rates on car insurance car owners are feeling the pain of paying high premiums on car insurance rates.

These specific factors considered to calculate insurance quotes vary between insurance companies in kenya which is why you find difference in the premiums while car insurance quotes of varied insurers. The car insurance companies have reasons to justify why they charge high premiums. Comprehensive car insurance in kenya. Motor insurance is a mutual agreement between the insurer and insured wherein the insured pays a fixed annual premium to the insurance company.

A car that has high repair costs or more claims usually attracts a higher premium. Such reasons can be the increased cases of car theft fire carjackings in urban areas and. Factor that determine car insurance premium value. Car insurance is the biggest line of business in the kenyan insurance industry.

We provide quotes from top insurers in kenya to help consumers choose the best cover. Top variables that play an indispensable role in deciding car insurance premium rate are. No doubt that car insurance rates in kenya are expensive compared to other countries globally. It is a requirement for all cars on the road to have a minimum of third party can insurance as mandated by the kenya cap 405 the combination of private and commercial car insurance premiums totalled to ksh 45 billions accounting for 36 of the total general insurance premiums for the year ending 2017.

Age and gender individual below 25 years of age are perceived by the insurance company to be more likely involved in accidents and hence individuals in the age bracket of 18 25 have to shell out a higher premium. In return the insurer agrees to provide a financial cover to the insured in case he she suffers a car accident theft third party bodily injury or death.