Comprehensive car insurance includes cover for physical damage, theft, or fire of the insured vehicle and also includes third-party property damages, bodily injuries, and legal liability of the insured. The policy will compensate the insured for any costs arising out of an accident, theft, flooding, earthquake, or fire. This is the main difference with third … Read more
The purpose of insurance bonds is to protect third parties in respect of loss suffered as a result of the failure of the insured to perform a task described in a contract between the insured and the third party. insurance bonds are however quite different from general liability insurance. The main difference between the two is which … Read more
Third-Party Car insurance is the mandatory minimum car insurance by law in Kenya for every automobile including Motorcycles and vehicles. It’s an offense in Kenya to drive or ride without Third Party insurance proof. This can attract a fine of up to ksh 10,000 or more if involved in an accident. For it to be … Read more