Renewing your vehicle insurance in Lagos is essential for your financial protection and peace of mind. With recent enforcement drives and evolving digital options, understanding the renewal process and staying compliant is more important than ever. This guide breaks down everything you need to know about vehicle insurance renewal in Lagos State.
Why Vehicle Insurance Is Important In Lagos
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Legal Requirement: As of February 2025, the Lagos State Police Command strictly enforced the mandatory minimum of Third-Party Motor Vehicle Insurance. Every vehicle owner must have at least a valid third-party insurance policy or face fines and penalties.
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Financial Protection: Third-party insurance covers damages you cause to other people’s property or vehicles, while comprehensive insurance offers broader protection, including theft, fire, and accidental damage for your vehicle and or third party.
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Peace of Mind: Having a valid insurance policy ensures you remain protected and avoid punitive enforcement actions.
Types Of Auto Insurance In Lagos
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Third-Party Insurance: This covers damage to other vehicles or property but not your own
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Comprehensive Insurance: Offers extensive protection, including your vehicle against accidents, theft, fire, and more. It costs more but provides greater security.
How To Renew Auto Insurance In Lagos
- Prepare the Required Documents: Gather your vehicle registration, previous insurance certificate, and proof of ownership. Keeping your car in good condition is also crucial for passing roadworthiness tests
- Contact GetItDone to find out the best fit and quote for your vehicle needs
- Make Payments: Third-party insurance typically costs between ₦5,000 and ₦20,000 per year, while comprehensive plans start from around ₦50,000
- An e-copy will be sent to you, and a professionally packaged hard copy, delivered to your doorstep.
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Tips For A Smooth Renewal Experience
- Start The Renewal Process Early: Begin at least one month before your policy expires to avoid potential fines and lapses in coverage.
- Leverage No Claim Bonus: If you haven’t made a claim in the previous year, ask your insurer about discounts on your premium.
- Maintain Your Vehicle: Ensure your car is in good working order to pass roadworthiness inspections, which are sometimes required during renewal.
Frequently Asked Questions About Auto Insurance Renewal In Lagos
Q: How much does it cost to renew auto insurance in Lagos?
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Third-party insurance: ₦5,000–₦20,000 per year.
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Comprehensive insurance: From ₦50,000 upwards, depending on coverage type and insured vehicle value.
Q: Where can I renew my vehicle insurance?
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Easily renew your vehicle insurance through GetItDone. Getitdone is a licensed agent that handles insurance renewals and makes the process simple, efficient, and straightforward for you.
Contact GetItDone
Q: What happens if I don’t renew on time?
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You risk fines, penalties, and being unprotected in case of an accident. Police enforcement is now strict in Lagos.