Accidents happen when we least expect them, and they can have devastating financial consequences. Recently, a luxury sports car, a Stingray worth 200 million naira, was involved in an unfortunate crash, resulting in damages estimated at over 400 million naira. While it’s heartbreaking to see such a valuable asset ruined, this incident highlights the critical need for third-party auto insurance.
What is Third-Party Auto Insurance?
Third-party auto insurance is a policy designed to protect you financially if your vehicle causes damage to another person’s property or injuries to others. In cases like the Stingray crash, where significant damage is caused to another party’s vehicle or property, third-party insurance can cover the costs, ensuring you are not personally responsible for paying millions in damages.
Why is Third-Party Insurance Important?
Legal Requirement: In many countries, including Nigeria, third-party auto insurance is mandatory by law. This means every driver must have it, regardless of the vehicle’s value.
Financial Protection: As seen in the recent accident, the cost of damages can far exceed what most people can afford. Third-party insurance shields you from having to pay out of pocket for expensive repairs or compensation.
Peace of Mind: Knowing that you’re covered gives you peace of mind while on the road. Accidents are stressful enough without the added financial burden.
The Stingray Accident: A Costly Reminder
In the case of the Stingray accident, imagine being responsible for paying out over 400 million naira in damages. For most, that would be financially crippling. If the driver had third-party insurance, the burden of covering the damages would fall on the insurance company, saving the driver from financial ruin.
Protect Yourself with VTpass
At VTpass, we make it easy to get third-party auto insurance. You can purchase your insurance policy directly through our platform in just a few clicks. Don’t wait until it’s too late—ensure you are financially protected on the road today.
In conclusion, accidents like the Stingray crash serve as a powerful reminder that third-party insurance is not just a legal formality but a critical safety net. Stay protected, drive smart, and avoid financial pitfalls with VTpass.
When it comes to choosing third-party auto insurance, convenience, reliability, and comprehensive coverage are key factors. VTpass stands out as the ideal platform for securing third-party auto insurance, offering a seamless and user-friendly experience.
Here’s why VTpass should be your go-to choice for third-party auto insurance.
1. Seamless Online Experience with VTpass
VTpass provides a hassle-free online platform for purchasing third-party auto insurance. With a few simple clicks, you can easily navigate through the website or mobile app, select your insurance plan, and make a purchase. The entire process is designed to be quick and straightforward, saving you time and effort.
2. 24/7 Accessibility
One of the standout features of VTpass is its round-the-clock accessibility. Whether it’s early in the morning or late at night, you can purchase or renew your third-party auto insurance anytime, anywhere. This flexibility ensures that you are always covered, regardless of your schedule.
3. Comprehensive Coverage
We partner with reputable insurance providers to offer comprehensive third-party auto insurance coverage. This means you can drive with confidence, knowing that you are protected against damages or injuries you may cause to others in the event of an accident.
4. Competitive Pricing
Cost is a crucial factor when selecting insurance. VTpass offers competitive pricing on third-party auto insurance policies, ensuring that you get the best value for your money. By comparing multiple providers, we help you find the most affordable options without compromising on coverage.
5. Instant Confirmation and Documentation
Once you purchase your third-party auto insurance through VTpass, you receive instant confirmation and digital documentation. This immediate access to your insurance details provides peace of mind and ensures that you have proof of coverage at your fingertips.
6. User-Friendly Interface
The VTpass platform boasts a user-friendly interface, making it easy for anyone to navigate and use. Whether you are tech-savvy or not, you will find the platform intuitive and simple to use. The step-by-step process guides you through selecting and purchasing your insurance effortlessly.
7. Excellent Customer Support
VTpass is committed to providing top-notch customer support. If you have any questions or encounter any issues, the dedicated support team is available to assist you. This commitment to customer satisfaction sets VTpass apart from other platforms.
8. Your transactions are secure with VTpass
Security is paramount when dealing with financial transactions. VTpass employs robust security measures to ensure that your personal and payment information is protected. You can confidently use the platform, knowing that your data is secure.
9. Easy Insurance Renewal Process
Renewing your third-party auto payment is a breeze with VTpass. The platform keeps track of your policy expiration and sends timely reminders, allowing you to renew your insurance without any hassle. This ensures continuous coverage and peace of mind.
10. Positive Vtpass Customer Reviews
Don’t just take our word for it—we have garnered positive reviews from numerous satisfied customers. The consistent praise for its convenience, reliability, and excellent service underscores why VTpass is the preferred choice for third party auto insurance.
Conclusion
In summary, VTpass offers a seamless, reliable, and comprehensive solution for purchasing third-party auto insurance. With its 24/7 accessibility, competitive pricing, instant confirmation, and excellent customer support, VTpass stands out as the best choice for drivers looking to secure their vehicles and ensure peace of mind. Visit VTpass today and experience the convenience and security of top-tier third party auto insurance.
We have some fantastic news for all vehicle owners and VTpass users! We are excited to announce that third-party auto insurance is back on the VTpass platform, and it’s better than ever. This is your opportunity to secure your vehicle, meet legal requirements, and enjoy peace of mind, all with just a few clicks.
Why Third Party Auto Insurance?
First and foremost, third-party auto insurance is essential for every vehicle owner. It covers you against liabilities for injuries or damages to third parties in the event of an accident. This type of insurance is not only a legal requirement but also a smart way to protect yourself financially.
What’s New?
Our third-party auto insurance comes with improved features to offer you even greater value and convenience. Here’s what you can expect:
Enhanced Coverage: Our third-party auto insurance now offers more comprehensive coverage, ensuring that you are fully protected against various risks.
Competitive Pricing: Additionally, we have worked hard to negotiate the best rates for you. Get top-notch coverage at prices that won’t break the bank.
User-Friendly Platform: Furthermore, our VTpass platform is designed for ease of use. You can purchase your third-party auto insurance quickly and easily, whether you’re at home or on the go.
How to Purchase
Purchasing third-party auto insurance on VTpass is simple and straightforward. Here’s how:
Enter Details: Then, fill in the necessary details about your vehicle.
Make Payment: After that, choose your preferred payment method and complete the transaction.
Receive Policy: Finally, your insurance policy will be issued instantly and sent to your email. You can also view it in your VTpass account.
Why Choose VTpass for third party auto insurance?
At VTpass, we are committed to providing our users with the best services possible. Here’s why you should choose us for your third-party auto insurance:
Security: Moreover, your transactions are safe and secure with our robust security measures.
Customer Support: Our dedicated customer support team is always here to assist you with any questions or concerns.
In conclusion, don’t wait until it’s too late. Protect yourself and others on the road by purchasing third-party auto insurance today. With VTpass, you get enhanced coverage, competitive pricing, and the convenience of instant policy issuance. We are thrilled to bring this essential service back to our platform, better than ever before.
Drive safely, and enjoy the peace of mind that comes with knowing you’re covered!
Auto insurance is necessary, but managing it can occasionally feel like a chore. It can be very difficult to sort through prices, handle paperwork, and understand complicated policies. But what if getting trustworthy auto insurance could be done more quickly and easily? Introducing VTpass, your one-stop shop for affordable, timely, and simple auto insurance
Why Opt for VTpass Auto Insurance?
Effortless Online Process: Eliminate agent visits and phone calls. With VTpass, you can compare rates and complete your online auto insurance purchase, saving you a ton of time and aggravation. Instant Coverage: Your auto insurance coverage begins as soon as you select a plan and pay your premium. Traveling with peace of mind—no waiting, no delays. Clear Pricing: There are no additional or unexpected costs. VTpass provides upfront pricing that is both transparent and unambiguous, letting you know precisely what you’re getting. Numerous Insurance Choices: Select the one that best suits your requirements. With the range of auto insurance policies that VTpass offers from respectable companies, you can be sure to acquire the coverage you require at a reasonable cost.
Smooth Integration: VTpass easily integrates with the current service portfolio. With our user-friendly app, you can conveniently manage your airtime purchases, data top-ups, and electricity bill payments in addition to your auto insurance.
VTpass Goes Beyond Convenience:
We understand that navigating the claims process after an accident can be stressful. They work with you to ensure a smooth and efficient claims experience, getting you back on the road as quickly as possible.
Don’t Wait Until It’s Too Late:
Getting car insurance with VTpass is a breeze. In a few simple steps, you can be cruising with confidence:
Complete the online application and pay your premium.
That’s it! You’re now covered! VTpass empowers you to prioritize your safety and financial security on the road. So, why wait?Choose VTpass today and experience a simpler, faster way to get the car insurance you deserve!
We use our cars for more than just commuting. They provide ease, liberty, and even a feeling of adventure. However, that liberty implies accountability. Theft happens, accidents happen, and even small blunders can cause big financial problems. This is where auto insurance comes into play; it serves as your financial safety net while driving.
Why is insurance for your car important?
Imagine yourself driving down the highway when, all of a sudden, a different car swerves into your lane. Fortunately, no one is harmed, but your car takes significant damage. If you didn’t have insurance, you would be responsible for paying for repairs, which can quickly run into the thousands.
Car insurance protects you from financial losses in a variety of situations, including:
Accidents: This covers repairs to your own car and any damage you cause to others’ vehicles or property.
Theft: It reimburses you for the value of your car if it’s stolen.
Natural disasters: Provides coverage for damage caused by events like hail, floods, or fire.
Liability: Protects you from lawsuits if you cause an accident that injures someone or damages their property.
Choosing the Right Insurance for Your Needs
There are many car insurance options available, and the right one for you will depend on your specific needs and budget. VTpass offers a variety of car insurance plans to choose from, allowing you to find the coverage that fits your situation.
Here are some reasons why VTpass will be a great choice for your insurance needs:
Convenience: Get quotes, manage your policy, and even file claims all online or through our mobile app.
Affordability: VTpass offers competitive rates on car insurance, potentially saving you money without compromising coverage.
Flexibility: Choose the level of coverage that’s right for you, from basic liability to comprehensive protection.
Peace of Mind on Every Drive
Don’t wait for the unexpected to happen before you secure car insurance. With VTpass, you can get a free quote and explore your options in just a few minutes. Remember, car insurance is an investment in your financial security and peace of mind. Hit the road with confidence, knowing you’re protected! VTpass has got you covered.
Everything you need to know about third party insurance
VTpass third-party auto insurance
A third party insurance policy is obtained by an insured from an insurance company for protection against the claims of another.
In essence, third-party insurance is a type of liability insurance. Regardless of the cause of the losses or damages, the first party is liable for them. Automobile insurance is one of the most popular kinds of third-party insurance.
Additionally, the coverage shields one from legal responsibility resulting from unintentional damages, including any fatality and harm done.
The insurance rate is based on a number of factors, including the type of vehicle and its value.
Third-party insurance provides protection from claims of damages sustained by a motorist who is not the insured, and is not protected by the insurance policy. The third component is the motorist who caused the harm.
A third party insurance protects the insured against any claims of damages levied by a third-party.
Types of Third Party Insurance
Bodily injury liability:– In simple words, if you are responsible for a car accident, a bodily injury liability will cover the medical expenses of casualties of the accident, excluding the insured.
In the case that the other driver requires physical rehabilitation as part of their recovery journey. Another possibility is that the accident victim income because he is unable to work or carry out his essential duties. Your bodily injury liability protection could assist in covering their damages in this situation.
Property damage liability:- A property damage liability is coverage that pays when a driver causes damage to another person’s property in an accident. It can take the form of another car of any type of property. A property damage liability insurance provides aid in paying for repairs for damage done to another person’s property or vehicle.
If you are at fault for the contretemps, the policy does not cover impairment to your own vehicle.
Why Third Party Insurance is Important;
The law requires it:
The Nigerian Insurance Act 2003 stipulates compulsory Third-party motor insurance in section 68 of the Insurance Act, 2003. According to this act, no person shall use, or cause or permit any other person to use a motor vehicle unless such a vehicle is insured against damage to the property of third parties.
It is therefore safe to say that third party insurance is compulsory for car-owners in Nigeria. According to the insurance law, it is required for drivers in Nigeria to carry at least third party auto insurance in order to cover other parties who may be involved in an accident.
– Accidents happen:
Car accidents continue to occur despite new developments in vehicle technology like backup cameras, adaptive headlights, and forward collision systems (FCS). Accidents may not yet have a rational cause or explanation, but one thing is for certain. Accidents are inevitable.
Most of traffic accidents are caused more by the driver’s actions than their knowledge of how to operate a vehicle. In fact, human error is at blame for over 94% of all traffic accidents.
Many motorists may eventually discover that they have engaged in some of the most typical behaviours that result in auto accidents. Distracted driving is one of the leading causes of motor accidents. Contrary to widespread belief, the brain is unable to concentrate on more than one job at once. This indicates that the brain is unable to maintain constant attention on what is ahead when a motorist is texting, chatting on the phone, grooming, reading, or even eating while driving.
AND THE LAST ONE;
– Everyone needs a backup:
You may never be able to predict when this sad incident would occur, even if you are the kindest driver you have ever encountered. And you’ll undoubtedly need backup when that moment comes. A third-party auto insurance policy gives you peace of mind in the event of a stressful or terrible circumstance that is expensive. Consequently, you will receive immediate stress relief and aid in dealing with the situation rather than worrying about these costs.
Why would you risk your safety against the hurly-burly of Lagos or the maladroitness of other drivers on any Nigerian street?
Furthermore,
Our friend, Tade Bigston, a prominent Nigerian elite that belongs to the business class of the society. Last week, he upgraded his social status among his contemporaries further by acquiring the latest lavish Toyota vehicle. However, Bigston did not want to take any chances, especially given the chaotic nature of Lagos. So he took his friend’s advice and signed up for a third-party motor insurance coverage through Vtpass.
Bigston’s car collided with another vehicle on a fateful Monday morning, severely damaging the latter. He originally felt depressed at the prospect of having to fix the automobile. But his mood soon improved when he remembered that he had insurance for his vehicle.
The expenses of mechanics and vehicle artisans can be an unavoidable pain in uncomfortable places. However, motor accident expenses are avoidable when you get a third party motor vehicle cover on VTpass. That way you do not have to directly bear the cost accruing to accidents to your vehicle. Here’s How!
You’re not wishing for it, neither am I. But you can avoid the avoidable by simply purchasing/renewing your third party auto insurance on vtpass.com today .
Vehicle owners get to spend a whole lot. They say that having a motor vehicle is like having a second wife. They were not joking. I tell you from experience. Those things called cars? They will humble you. Lol. I tell you! Owning a car in this country is not for the faint-hearted.
Meanwhile, there are some things all vehicle owners can relate with. One of those things is, how can I give a mechanic my vehicle to change the brake pad and the next thing I am hearing is that I need to buy half engine and change my windscreen? LIke, how? You too, help me reason this matter now. What mechanics cannot do does not exist indeed! Those guys!
On the other hand, sometimes it is how I can take my fully functional car for servicing by myself, get it back and suddenly, I need to buy a new radiator, or possibly change the engine seat. And now my car is leaking oil and I can smell petrol when I drive. Automobiles and their mechanics, I bow!
For instance, sometimes it’s how they will tell you some things they removed from your car is not needed in it. Like, the manufacturers of the car, you know more than them right? They didn’t know what they were doing when they were making it right? Oga mecho, how many cars have you produced sir?
The expenses of mechanics and vehicle artisans can be an unavoidable pain in uncomfortable places. However, motor accident expenses are avoidable when you get a third party motor vehicle cover on VTpass. That way you do not have to directly bear the cost accruing to accidents to your vehicle. Here’s How!
You’re not wishing for it, neither am I. But you can avoid the avoidable by simply purchasing/renewing your third party auto insurance on vtpass.com today .
It’s February, the month of Love, so it’s the right time for you to learn how to prevent yourself from getting a broken heart. Yeah. And no, I am no doomsayer. As Valentine’s Day draws nearer, the awareness for love grows stronger. There’s a desire to love and be loved that comes with February. Why? I don’t know. Because of that, the heart is generally more vulnerable, and susceptible
If only there was a way to protect oneself from getting one’s heart broken right? Well, to prevent getting your heart broken by love, I really can’t say. But I can help you avoid feeling a different kind of pain in your heart.
That pain is the pain of having to bear the numerous expenses that come with vehicle accidents and cost of repairing not just your vehicle, but sometimes that of the others involved also. That pain, I understand, and I can help you avoid feeling it.
That kind of pain can be terrible, especially when you could have avoided having to shoulder such massive expenses. I know you don’t plan on being involved in an auto accident, but, the reality is, no one does. What you can do however is indemnify yourself from any expenses arising should such a situation ever occur.
It all starts when you protect yourself from ever having to feel that type of pain by simply purchasing/renewing your third party auto insurance on vtpass.com today.
Agreed, there are many fake websites out there claiming to be motor insurers or insurance agents or brokers. One needs to be careful when buying third-party motor insurance online.
The question is, why buy third-party motor insurance online in Nigeria? I mean, why not just go to a physical broker or insurance company and get the business done? Here, we give you three solid reasons why buying third-party motor insurance online is the better option:
Fast certificate delivery: Buying through a physical location, you would have to wait for days before the insurance papers are out. Buying online, however, your insurance papers are ready immediately after payment! No time for stress.
Less paper-work: The last time a friend of ours bought thrid party motor insurance through a broker, we filled and filled and filled proposal forms. Abeg! Buying online, proposal forms questions are significantly shorter yet underwriting quality remains the same. Less paper-work = lesser stress.
Faster renewal process: For some motorists, the biggest challenge of buying motor insurance is the renewal process. That awkward feeling of visiting your broker’s office multiple times during renewal. Buying online, you can simply automate your renewal process so that your wallet is automatically billed the next premium upon renewal.
You get to enjoy these and more right from the comfort of your home and office. All you need to buy third-party motor insurance online in Nigeria is your mobile phone or laptop, internet connection, your funds and a reliable online bill payment platform like VTpass.
How to Buy Third Part Motor Insurance from VTpass
To buy third party motor insurance from the comfort of your home or office, simply:
Fill in the required information: insurance type, insured name, engine number, chassis number, phone number, etc.
Click on Continue to move to the payment confirmation page
Select a payment method i.e pay with card, wallet, or bank transfer
Enter your payment details and confirm payment
Done!
Your third-party motor insurance certificate would be delivered to you immediately after payment. The main policy document would follow only a few days later. Fast and easy.
Driving is a risk on its own, getting a motor cover shouldn’t be risky. Buy yours from VTpass as our quality third-party motor insurance is provided for you by Universal Insurance, one of Nigeria’s most credible insurers.
Drive with complete peace of mind when you buy third-party motor insurance from VTpass!
Banking halls these days can be tiring. Even before the start of the coronavirus pandemic, crowds in banking halls can simply put you off.
Nowadays, with a huge necessity to avoid crowded places; one needs to find alternatives to carryout most bank-related transactions without risking health and safety.
Here are a few ways VTpass can help you complete bank transactions while staying safe:
1. Pay Bills Online, Conveniently
Nothing feels better than being able to lay in bed, curl your toes and pay bills easily using your computer, tablet, or smartphone.
Our high traffic website: vtpass.com can be accessed on any platform and you can perform transactions in three easy steps; Login > Select > Pay!
VTpass has a wide range of options and our lists of services keep growing! You can:
Transfer money to any Nigerian bank, no matter the amount.
Buy airtime or data instantly: MTN, Airtel, Glo, 9mobile
Internet payment: Smile airtime, Smile data, etc.
Pay electricity bills whether prepaid or postpaid. Get meter token delivered to you instantly: IKEDC, IBEDC, EKEDC, AEDC, KEDCO, JED, PHED, KAEDCO, etc.
Renew TV subscriptions and get reconnected immediately : DStv, GOtv, StarTimes, etc.
Buy top-notch insurance covers from leading insurance companies in Nigeria: Third-party motor insurance, Health insurance, Personal accident insurance, Home insurance, etc.
Pay education bills such as WAEC Registration PIN, WAEC Checker PIN, etc.
2. Free Mobile App for Transactions
Enjoy the easy bill payment experience better when you download the VTpass mobile app from Google PlayStore. The app is optimized to work on any android devices.
With its lightweight, speed, and easy-navigation features, you can complete transactions anywhere, anytime by simply tapping few buttons.
3. Free VTpass Wallet
Technology makes life easier every day and so does VTpass. With VTpass auto-wallet, you can store funds for bills payment all in one place. It gives you a lot of benefits:
Separate funds for settling important bills from other funds by simply transferring your bills-funds to your VTpass wallet.
No need to input card details every time you wish to make payment. Just tap and pay.
Not a fan of online transactions? Why not visit a VTpass agent near you to carry out transactions. These are basically moms, shop-owners, students, etc partnering with us to serve you locally.
Payment is truly at your convenience with VTpass, no need to rush or queue in banks. Just visit vtpass.com! Innovation never stops here. We remain committed to making payment for everyday services easy and stress-free!