How Much Is Car Insurance Per Month in Namibia?
WHAT IS CAR INSURANCE?
Car or vehicle insurance is the financial protection of your car against damages or bodily injury as a result of accidents.
WHAT WAS THE NAME OF THE FIRST CAR INSURANCE COMPANY?
Travelers Insurance Company was the first company to issue the very first auto insurance policy in the US in 1898 to doctor Truman J. Martin of Buffalo.
WHO BOUGHT CAR INSURANCE FOR THE FIRST TIME?
According to history, Gilbert J, Loomis was the first person to buy an automotive liability insurance policy in 1897.
WHAT TYPES OF CAR INSURANCE?
The following are the types car insurance we have;
1 Auto Liability Coverage.
2 Uninsured and Underinsured Motorist Coverage.
3 Comprehensive Coverage.
4 Third party.
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WHY DO WE NEED TO INSURE OUR CAR?
Here are five reasons why it is important to insure your car;
1 It helps when you want to lend your car to a lending agency.
2 Offers financial protection.
3 Protection from cost of repair.
4 Protects your passengers.
5 For self-protection.
WHEN DID CAR INSURANCE START IN NAMIBIA?
Car insurance began January 2008 in Namibia by OUTsurance.
HOW MUCH IS CAR INSURANCE PER MONTH IN NAMIBIA?
To insure your car in Namibia is based on the type or model of car you use or want to insure. But averagely a car insurance rate per month is N$136.