Top 10 Car Insurance Companies in Nigeria

Top 10 Car Insurance Companies in Nigeria: Vehicles are a handy item in today’s world, especially since they offer you all the comfort you’d ever need regarding transportation.

However, things can easily go south, as there are a thousand and one things that could happen when you set off on your trip. From road accidents leading to minor scratches to a driver running into you, or worse, fixing a car costs lots of money.

Nevertheless, you can avoid this by purchasing car insurance from one of the top 10 car insurance companies in Nigeria, which we will be running you through in this article.

Read: Choosing the Right Insurance Policy: Tips for Making Informed Decisions

What are the top 10 car insurance companies in Nigeria?

Here are some of the top companies that you can purchase car insurance from in Nigeria:

  1. Old mutual Nigeria
  2. Zenith Insurance PLC
  3. Leadway Assurance PLC
  4. Cornerstone Insurance
  5. Consolidated Hallmark Insurance
  6. FBN General Insurance
  7. AIICO Insurance PLC
  8. Industrial and General Car Insurance
  9. AXA Mansard Car Insurance
  10. Custodian and Allied Car Insurance

1. Old Mutual Nigeria

Just like their name suggests, Old Mutual is one of the oldest insurance companies in Nigeria and certainly among the best at what they do. Basically, they offer different coverages for car insurance as well as other policies too.

2. Zenith Insurance Plc

Owned by the banking giant Zenith PLC, Zenith Insurance is one of the best car insurance companies in Nigeria.

More so, their policies adapt to your specific needs and are in accordance with your budget. Also, it has wide coverage, including most automobiles, including cars, motorcycles, and trucks.

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3. Leadway Assurance Plc

Certainly one of the most popular insurance companies in Nigeria, Leadway assurance plc offers a wide range of services along with car insurance.

They are trustworthy, reliable, and have a proven history of settlement claims over the years.

4. Cornerstone Insurance

From travel insurance to school fees and home insurance, Cornerstone is one of the most reputed insurance companies in Nigeria.

Basically, they offer a wide range of coverage, including car insurance with varying degrees of coverage and third party coverage.

5. Consolidated hallmark insurance

Guided by professionalism, relationships, integrity, customer-oriented operation, and more, consolidate hallmark insurance is certainly good at what they do.

One of their top services is car insurance, which they have designed to cater for your present and future needs.

6. FBN general insurance

The first bank of Nigeria also has an insurance arm called the FBN general insurance. This organization offers top-notch services across a wide array of insurance options, among which is car insurance. Also, they are reliable and offer satisfactory services to their customers.

7. AIICO Insurance PLC

AIICO Insurance Plc is undisputedly one of the best insurance companies in Nigeria across varying insurance services.

Their car insurance is of good quality and certainly well above average, plus it includes an option for third party coverage too.

8. Industrial and General Car Insurance

Car insurance is one of the most valued services provided by industrial and general car insurance. Basically, since they have their foundation on it, the company offers reliable road assistance along with a fast and state of the art tracking system to further meet your needs.

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You can trust them any day or time for anything related to car insurance.

9. AXA Mansard Car insurance

With several awards under their belt and the top-notch reputation that follows, AXA Mansard is certainly one of the top 10 car insurance companies in Nigeria.

More so, what’s great about them is that they have a package for everyone, regardless of their financial capacity. This is due to their carefully constructed car insurance plans that are available for customers to choose from.

10. Custodian and Allied Car Insurance

This is an efficient, resourceful, and ethical organization that you’d surely find interesting. However, beyond all the hype, they certainly provide some of the best car insurance services in Nigeria.

Also, another strong point is their good customer service, which ensures you get what is exactly right for you with ease.


Basically, you can decide to opt for any of the top 10 insurance companies in Nigeria listed above and wouldn’t go wrong. However, it’s best that you compare policies from different companies and find out what works for you before making a decision.

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