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Best Third Party Insurers in Kenya

Getting the best third party car insurer can be cost effective if you do not have enough money for the comprehensive insurance. There are a quite number insurance companies that offers the best third party insurance covers that we shall look at.

A third party motor insurance cover is developed by the Kenyan insurance companies to compensate third parties-people other than the owner of the car whenever the vehicle insured is involved in an accident.

The cover usually protects vehicle owners from any liabilities to third parties arising from incidents on the road. This implies that the cover only takes care of the costs associated with damages your car causes to third parties and their properties.

This makes third party insurance cover more ideal for PSV owners whose cars commercially transport passengers.

A majority of insurance covers have well developed policies that are worth buying. Some of the covers offered by Insurance companies in Kenya include;

  • Education Insurance
  • Motor VehicleInsurance
  • Home Insurance
  • Crop Insurance Livestock Insurance
  • Freight Insurance

For owners of vehicles especially the old vehicle, it will be much cost friendly to take third party insurance. One big benefit of third party insurance cover is that it tends to be cheaper than comprehensive insurance.

Also Read:Best Insurance Companies in Kenya

Best Third Party Insurers in Kenya

In Kenya, here is a list of some of the best and most affordable third party insurers you can consider.

  1. AMACO Insurance
  2. Jubilee Insurance
  3. Invesco Insurance
  4. Xplico insurance
  5. ICEA Insurance
  6. Kenya Orient
  7. Madison Insurance
  8. AAR Insurance Kenya
  9. British American Insurance Company Kenya Limited-BRITAM
  10. Liberty Life Insurance
  11. AIG Kenya Insurance
  12. UAP Insurance
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Jubilee Insurance

All said and done, one key issue is, what are the advantages of Third Party Insurance?

Advantages of Third party Car Insurance Cover
  • Least Expensive car Insurance
  • Mandatory By law
  • Covers Third Party Liabilities

In as much as third party insurance covers is cost friendly and important, there are some down sides of it.

  • It is the most basic type of insurance cover
  • Does not cover own damage
  • Does not cover theft
  • Cannot enhance coverage with addons
Also Read:List of Affordable Comprehensive Insurance Cover Providers
Insurance Comparison

Let us take a case scenario to better understand third party insurance

Here is a quick online comparison of the cost of insuring a Toyota Axio valued at Kshs 1,000,000, a Subaru legacy valued at Kshs 1,500,000 and a Mercedes Benz valued at Kshs 2,000,000 indicates that a third party cover is  percent more affordable compared to a comprehensive cover

The table below shows much you will save when using Third Party Insurance as compared to the Comprehensive Insurance.

Incurance Cover Comparision

CarValueComprehensive InsuranceThird Party InsuranceValue Difference
Toyota AxioKsh.1MKsh.35,198Ksh.7,574Ksh.27,624
Subaru LegacyKsh.1.5MKsh.52,776Ksh.7,574Ksh.45,202
Mercedes BenzKsh.2MKsh.70,355Ksh.7,574Ksh.62,781

Data Source: www.insureafrika.com/car-insurance


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