• Third Party Only (Compulsory by law)
• Third Party, Fire and theft (Own damage not covered)
• Comprehensive Private ( Full Coverage)
• Commercial

Third party car insurance is mandatory. However, there is substantial scope for reduction of costs or the premium payable in case this type of insurance policy is chosen. It must be remembered that, should your car be comprehensively insured, there is no need for a separate third party insurance policy. Comprehensive car insurance includes third party liability also. Third party insurance only would be the preferred option for older models of cars.

1. Certified copy of the vehicle
2. Pro-forma/Invoice (all features of the vehicle. g. colour, engine & chassis number etc.)
3. Valuation report (for roll-on, roll-off vehicles)
4. Copy and original drivers permit
5. NO Claim Discount letter (mandatory if insurer is changed)

It is a bookkeeping entry representing the decline in value of an asset that is wearing out. As property ages and becomes worn, it often loses value. That loss of value must be taken into account in any adjustment of property insurance that covers loss of actual cash value. Depreciation does not represent a cash outlay.