Dontbeused:

You got d 'ol thing iit!
The fact is that insurance are of different types, it depends on what you want which is the value of what u'll pay. Personally got my registration & license n ad my road worthiness test at Computerized VIO office at Abuja@ Gwarimpa Kubwa expree road and I got a 3rd party insurance with a private company. because I am a Muslim, I don't access it due to my believe, but I still make sure I do the right thing since it's d law of d land...

magicminister:


if its not mandatory, why do policemen always insist on seeing it?
Saying that "its not mandatory" does not make it any less a scam. An insurance policy that you cannot claim is a scam.
A group of people have become trillionaires off this scam!

A government that scams its own people.
tufiakwa!

femi4:
I just checked and its genuine. So, don't be in a hurry to call Insurance done in Vio office fake. The money still go to the Insurance company.

What they make use of is scratch card.
If you registered for Jamb using scratch card at a cybercafe, does that make your registration invalid because it wasn't done in Jamb office

dominique:


He did a comprehensive insurance that's why he got paid. The one the op is talking about is a third-party insurance the government mandates every car owner to get. The money goes directly to the government's pocket and the car owner doesn't benefit from it in anyway. I'm yet to see anyone that has benefited from it.

Stylz69:

That's good to know that some VIO offices issue genuine insurance. I still maintain that a good number are not genuine and I would rather buy mine online. I didn't write JAMB in the digital age. I did mine when we still had to fill in paper forms and post and receive results in the post so I don't understand the correlation between the JAMB scratchcard and vehicle licence but I'm willing to learn if you wish to explain more

dominique:


Then why does FRSC and VIO insist on seeing it and they impound your vehicle if you can't produce it? I believe a good part of the money paid is remitted to government purse. I keep wondering what purpose us this fee supposed to serve especially when it got quadrupled almost overnight?

Bishop:


You have missed some very salient point,Let me educate you
There are 2 types of Vehicle insurance
a.Comprehensive Insurance
b.Third Party Insurance
the Comprehensive as the name denotes covers your Liability which include your car and any other Liabilities..for example if your car was involved in an accident and it is discovered that you were the cause of the accident your insurance covers the cost of your car and the other Parties car.

Assuming your car was stolen in a protected area your insurance company will cover the cost of your replacement to the tune of your insured sum.

If during and heavy storm the fence in your house decides to give way and damages your car your insurance company will cover the cost of repairs,All this scenario is based on the fact that you pay your Premium.

NOW lets go to third Party Insurance.

This insurance ONLY covers the cost of REPAIRS of the car you are involved with in the cause of an accaident.The goverment made it mandatory for all Road users to be able to quickly resolve issues in case of an accident.when it is discovered that an accident is caused by one of the parties involved ,The faulty party insurance company takes over the cost of repairs.

I do not work in an insurance company,But that is the CREDIBLE information at my disposal and i belive this helps

femi4:
Third party insurance scratch card exist

Stylz69:

Oh yes! I am aware of that and you are fortunate to have patronised an office that utilises the scratch card. I have no doubt that that will be genuine but that is an exception. Most will issue you the paper insurance typed there on the spot.

femi4:
That's the only method I know. The one you are talking about is done by tout not in VIAO office and its usually less than 5K.

Stylz69:

The only method you know doesn't necessarily mean that's the only method that exists. Let's not debate this any further. Some VIO offices utilise scratch cards and some collude with unscrupulous elements to issue worthless policies. Any insurance less than 5k is not insurance and Im not aware of this one. What do I know anyway... I'm just a car user who prefers to buy his insurance online.

femi4:
So, stop your general assumption that "All third party insurance done in VIO/licensing Offices are fake"

Stylz69:

Okay sir, I will revise my assumption , let it be know that MOST and not all of the third party insurance done in VIO / licensing offices are fake. However, if you want to be 100% certain that your insurance is genuine, shop around for your insurance yourself either online or with a reputable broker. VIO offices are not insurance firms so they have no business selling insurance. Is that okay now?

Kachisbarbie:


I really don't think it's mandatory here in the Abia state, because I have never been asked for it. I even saw a police officer reject it once, can one lay any claim with that shii?

The only insurance I have is a comprehensive one with Mansard and it always suffice.

Stylz69:
It is NOT COMPULSORY for you to purchase your insurance from the vehicle licencing office. Fact is the insurance they sell is worthless and the only use is for you to complete your papers. Secondly, they rely on the ignorance of drivers to sell these fake insurance knowing drivers rarely make claims especially on 3rd party policies. When I renew my vehicle particulars, I only pay for the vehicle license. I go online and buy my 3rd party insurance from reputable insurance companies and print off my policy and attach. It is still the same 5000 naira for the 3rd party and I least I have the peace of mind knowing my 3rd party cover is genuine. Dominique, the 5000 does not go to the government; it goes to the crooks selling the worthless policies. How can you claim on a fake policy? Is there even any number to call in the event of an accident or any outlined process for making a claim?

Stylz69:
It is NOT COMPULSORY for you to purchase your insurance from the vehicle licencing office. Fact is the insurance they sell is worthless and the only use is for you to complete your papers. Secondly, they rely on the ignorance of drivers to sell these fake insurance knowing drivers rarely make claims especially on 3rd party policies. When I renew my vehicle particulars, I only pay for the vehicle license. I go online and buy my 3rd party insurance from reputable insurance companies and print off my policy and attach. It is still the same 5000 naira for the 3rd party and I least I have the peace of mind knowing my 3rd party cover is genuine. Dominique, the 5000 does not go to the government; it goes to the crooks selling the worthless policies. How can you claim on a fake policy? Is there even any number to call in the event of an accident or any outlined process for making a claim?

benbazus:


Can you let me know how you go about procuring yours online?

Dieumerci:
Though I didn't go through the entire the thread but I am trying to understand what the Op is talking about.

I have been paying for comprehensive insurance from insurance companies, in fact the expiry date of my vehicle insurance has always been different from the expiry date of other vehicle papers so I don't even renew them at the same time.

No police officer or any other officer has ever asked for another type of insurance.

wawaboy1:


I paid 5k insurance to ANCHOR insurance during my vehicle papers renewal, So what you are saying is that I should go to ANCHOR insurance and make a claim anytime I have issue with my car.

anytexy:

My question is why govt made it compulsory? Is is not suppose to be optional?.

dominique:


Then why does FRSC and VIO insist on seeing it and they impound your vehicle if you can't produce it? I believe a good part of the money paid is remitted to government purse. I keep wondering what purpose us this fee supposed to serve especially when it got quadrupled almost overnight?

magicminister:
Every car owner in Nigeria pays vehicle insurance fees whenever they want to renew their car papers.
What is the essence of this fee when you cannot make an insurance claim after an accident or related events?
Where does this insurance money go and which company handles it?