Car insurance companies are gradually becoming a thing in Nigeria and with the kind of roads we have, filled with many potholes and reckless driving, insuring your car is something you might want consider doing. There are so many auto insurance companies in Nigeria, but I will be listing out some companies.
Cornerstone insurance is a public liability company that was a private limited liability company after it was incorporated in 1991 on the 26th of July. They are focused on conducting insurance in professional organizations. They offer wide range if insurance that includes Motor Insurance.

They have three different plans for their auto insurance which are:
Third Party Motor Insurance Covers
-N1,000,000 for third party property damage
-Bodily injury to third parties/liability for death
Enhanced Comprehensive Motor insurance covers
-Insured car accident damage
-Fire or theft of an insured care resulting to loss or damage
-Loss or damage to insured vehicle resulting from Fire or theft, Strike, Riot and civil commotion
-Damage to third party vehicle /property up to a limit of N1,000,000
-Bodily injury to third parties/liability for death
Zenith Insurance as stated by them is one of the leading insurance institutions in Nigeria. They guarantee their customers peace of mind and aim at being the best insurance provider and that of financial services. The objective of their insurance cover is to assist the insured by providing financial compensation. Below are the types of auto insurance covered by this company and what to expect.

Third-party Insurance cover
- Damage Liability up to N1m
- Up to N60 million in Bodily Injury & Death Liability
- Payment of all costs and expenses incurred with its written consent by Zenith Insurance
Comprehensive Insurance cover
- Fire Damage cover for your car and fire damage to a third party’s vehicle or property
- For stolen vehicle they provide adequate replacement
- You are covered.
- Repairs as a result of collision or overturning of your vehicle.
- Up to 1 million Naira for Property Damage Liability (Third party)
- Up to 1 million Naira for Bodily Injury & up N60 million for Death Liability (Third party)
Fire & Theft Insurance cover
- Third party’s vehicle or property ire accident (Fire damage)
- Adequate replacement of stolen Vehicle
- Up to 1 million Naira for Property Damage Liability (Third party)
- Up to 1 million Naira for Bodily Injury & up N60 million for Death Liability (Third party)
#3: CONSOLIDATED HALL MARK CAR INSURANCE
Consolidated hallmark insurance plc as stated by the company obtained the prestigious ISO 9001:2015 (Quality Management Systems Certification) as the second insurance company in Nigeria. They are more focused on transactions pertaining Motor insurance business, Marine Cargo, Oil & Gas, and Hull Business as well as Aviation.

Basic motor insurance
Accident damage to another’s vehicle or property by your vehicle
Legal Liability
When you accidentally damage another’s property or car
Accidental death
Bodily injury and death to a third party caused by your vehicle
Third party, fire and theft
Pays for damage to your car as a result of fire or theft and as well as damage to another’s car or property
Motor comprehensive
Pays for damage to your car as a result of fire of theft and as well as damage to another’s car or property
Bodily injury and death to a third party caused by your vehicle
Third Party Coverage
Up to N1,000,000, liability for any damage caused by your vehicle to people’s property
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FBN general insurance is a licensed insurance company in Nigeria and a member of the Sanlam Group, South Africa. At FBN General Insurance, they claim to have the best interest of their clients with their auto insurance policies that are tailor-made, responsive and viable.

Comprehensive insurance plan(Auto Gold)
Loss and liability incurred by insured motor vehicles
Against damage from an accident, fire, for insured vehicles
Cover – 3% of car value
Third party fire and theft insurance plan
Insures against liability, theft, fire damage incurred by insured motor vehicle
Cover – 1.8% of car value
Third party Insurance plan
Bodily injury and property damage to a third party caused by your vehicle
Cover –N5000 only
#5: INDUSTRIAL AND GENERAL CAR INSURANCE
Industrial and general car ins company has been around since 1992 as an insurer for business of Life and General insurance. Their motor insurance is the most common of their insurance and it covers some given insurance policies.

The third party only provides cover for:
This company does have a lot of benefits that comes with their third party plan and you can find out more about it here.
#6: CUSTODIAN AND ALLIED CAR INSURANCE
Custodian and allied car insurance investment company is another car insurance company in Nigeria. .

This company has three forms of insurance policies, which includes comprehensive cover, third party fire & theft cover, third party only cover. You can find more about it here.
CONCLUSION
Having your car insured does come with a peace of mind while you are driving on the type of roads in we have in Nigeria. Having listed some auto insurance companies in Nigeria, it is important you look at the insurance policy of a company before choosing an insurance company.