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CO
Coronation Insurance
From5%of vehicle value
₦1,000 Airtime
CompareCover TypeComprehensive
From5% of vehicle value
RegulatorNAICOM Licensed
Reward₦1,000 Airtime
Editorial score4.4/5.0
Pricing breakdown
Base premium5%
Admin fee₦1,500
VAT (7.5%)₦900
Stamp duty₦200
Total (first month)5%
Pros & Cons
What we like
- Competitive pricing
- Fast claims processing
- Excellent customer support
- Nationwide coverage
- Digital policy documents
Watch out for
- No 24/7 phone support
- Limited customisation options
- Processing fee on claims
