By Bente Krogmann, CEO, mTek Services
Covid-19 pandemic era has shown us that buying insurance online is a necessity-not just a convenience. It is now easy for Kenyans to buy auto or any kind of insurance end-to-end digitally without the need of visiting an underwriter’s office or tediously filling physical forms. Whatever the reason, when you get an online insurance quote from mTek, you can tailor and purchase auto insurance cover instantly, and even print out your proof of insurance card. Here’s how it works:
- Gather all the information you will need about your vehicle
To hasten up purchasing instant car insurance online, have these basic information ready for your policy:
- Driver’s license number
- A copy of your National Identification number
- KRA PIN Number
- A copy of your logbook
- Make, model and year of manufacture of your vehicle
2. Get an insurance quote online
mTek App is your smartest path to quick auto insurance quote. You can download it via Google’s PlayStore and register by filling in relevant details. You can then answer questions about yourself and the car you to insure and get an instant quote.
3. How to compare car insurance
Once you have logged in, you may want to shop around to see which underwriter has the best options available for the kind of policy or coverage you need. When comparing, you will want to keep the following in mind:
- Policies that are offered
- Discounts available
- Payment options (mTek offers daily, weekly and monthly payments for policies from selected insurers)
- Deductibles and liability limits
- Additional customizable features
4. Understand your coverage options
When you consider buying car insurance in Kenya, you will discover that all the products fall within three main categories. The names of the specific insurance product may vary with underwriters but they are all based on three broad classifications. Namely:
This policy provides an insurance cover against a wide range of risks. The risks covered under comprehensive auto insurance include theft, accidental damage, fire and total loss.
- Third party
This is the most basic insurance cover and protects third parties only in the event that your vehicle is involved in an accident. It is also the cheapest compared to other kind of insurance coverage. These kinds of covers are generally not advisable for personal car especially if they are high end cars since you can lose a substantial sum should you lose the car to an accident or through theft. Nonetheless, it can be an option for any vehicle owner who has cash flow issues.
- Third party, fire and theft
In case of an accident, a third party fire and theft policy will meet the cost of damages incurred to other people’s property or life lost as a result of the accident. The policy also protects your vehicle from fires caused by an accident or if it is stolen (or components of it if such enhancement are included in the cover).
5. Choose a payment method and buy your insurance instantly
Once you’ve picked a cover, simply choose a payment option to complete the transaction. With mTek, the payment will be send directly to the underwriter and your policy will be activated instantly. After that, you can download your proof of insurance card and print it out.