Being involved in a car accident is never a good experience. It is even more traumatic when there is injury or death of a third party.
It is in such circumstances that Motor Insurance Third Party bodily injury or death cover becomes necessary.
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Being involved in a car accident is never a good experience. It is even more traumatic when there is injury or death of a third party.
It is in such circumstances that Motor Insurance Third Party bodily injury or death cover becomes necessary.
Your comprehensive/ fire & theft motor insurance policy is impacted by several factors including past loss history, age of the owner of the car, use of the car, type and value of the car, value of the car and inflation levels.
According to the Reserve Bank of Zimbabwe data, the inflation rate for December 2022 was 243.8%. We all have seen the result of the inflation on food and other services. Such a high inflation rate impacts the insurance service providers directly and indirectly in the following ways:
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