0700686759 

Country: Kenya  

flag

    Get Cover In Minutes...

Get Quote

What is Insurance?

Insurance is a legal agreement/contract between two parties i.e. the insurance company (insurer) and a client (insured - with listed beneficiaries). In this agreement, the insurance company promises to make good the losses of the insured on happening of the insured contingency (risk). The contingency is the event which causes a loss. It can be the death of the policyholder or damage/destruction of the property. It’s called a contingency because there’s an uncertainty regarding if or when the risk will take place in the future. The insured pays a premium in return for the promise made by the insurer.

How does it work?

The insurer and the insured get into a legal contract (for the insurance), which is called the insurance policy. The insurance policy has the terms and conditions under which the insurance company will pay out the insurance amount to either the insured person or the beneficiaries. Insurance agencies ease the process of a client getting insurance by helping the client throughout the application process. As a matter of fact, insurance agencies act as a go-between the insurance and the insured. Speevo is an excellent choice for an insurance agency in Kenya.

Cover and Type

Insurance cover offers you the basic protection in the unfortunate event of an accident. This cover is mandatory and required by the traffic law. Some of the types of vehicles covered are:

  • MOTOR PRIVATE VEHICLES

  • MOTOR COMMERCIAL (PICKUPS & LORRIES)

  • MOTOR CYCLES

  • MOTOR COMMERCIAL (HEAVY EQUIPMENT)

More Info
Get Quote

Scope of Cover

Indemnity against loss of or damage to and legal liability to Third Parties arising out motor private vehicles owned or operated by the Insured including:

  • Accidental collusion and overturning

  • Fire, external explosion, self-ignition lightning or burglary

  • Malicious acts

  • Whilst in transit including process of loading and unloading by lifts, inland waterways or elevators

Go Back
Get Quote

Speevo insurance agency was founded in 2019 with a view to offer our customers a convenient way to purchase insurance and at the same time guaranteeing our customers the best rates in the market.

We pride ourselves as a company that understands market dynamics and the changing customer needs so that quality services can be realized. Our services are seamless, professional and well packaged to fit your different needs.

About Speevo

Third-party insurance cover offers you the basic protection in the unfortunate event of an accident. This is a mandatory cover required by the traffic law as it covers damages, injury or death caused to the third party (he is not party to the insurance contract).

  • When your car is insured under a third party cover, it means that, if you get into an accident, the insurance company will only pay for damages to property such as buildings, the other car or injury to the other person and not to yourself or your car.

3rd Party Insurance

A comprehensive car insurance cover is not a mandatory cover but it is the most preferred by Kenyans. This cover offers full protection to both parties in case of an accident. A comprehensive insurance cover, offers financial security in case of a road accident or in case your car is stolen, damaged due to fire, riots, natural disasters like floods. This cover also offers third party benefits such as damages to other people’s properties like vehicle or buildings, injuries and death.

Different insurance companies have different additional coverages that are linked to their comprehensive insurance plans. These coverages provide cover for things such as windscreen, glass damage, entertainment unit, excess waiver among others.

Comprehensive Ins