Calculate Your Estimate
▾| Cover Type | Estimated Range |
|---|---|
| Third-Party (mandatory) | — |
| Comprehensive | — |
| Typical Excess | — |
Nigeria Car Insurance Premium Estimator — What You Need to Know
Free car insurance premium estimator for Nigeria. Calculate third-party and comprehensive motor insurance costs with Nigeria's top providers. Use this free calculator to get a quick estimate before contacting insurance providers.
Third-party motor insurance in Nigeria is NGN 15,000/year (NAICOM standardized since Jan 2023), covering up to NGN 3M in third-party property damage. Major providers include Leadway, AXA Mansard, AIICO, NEM Insurance, and Custodian. Verify your policy at askniid.org or dial *565*11#. The market is regulated by NAICOM (National Insurance Commission), with insurance penetration at 0.5% of GDP.
Disclaimer: These are estimates based on market data and published rates. Actual premiums depend on individual circumstances, insurer assessment, and negotiation. Always get formal quotes from licensed providers.