I recommended that the Legislature amend the insurance statutes to provide that the minimum liability and UM/UIM coverage for automobiles and all motor vehicles be increased to $100,000. The action of ...
The triple pillars of the system are the Compulsory Insurance Law (which requires liability insurance), the No Fault Act (which requires Personal Injury Protection benefits) and the Uninsured Motorist ...
The National Insurance Commission (NAICOM) has said there is no going back on the enforcement of compulsory insurance in the country. Commissioner for Insurance, Mohammed Kari said enforcement of ...
The excess on any car insurance policy – the amount deducted from your claims payout – comes in two forms: compulsory and voluntary. A compulsory excess is set by the insurance provider, but a ...