Buying motor insurance is a crucial step for every vehicle owner in Ghana. However, many people make mistakes that lead to inadequate coverage, financial losses, or claim denials. This guide will help you avoid common motor insurance mistakes and ensure you get the best coverage for your needs.
One of the biggest mistakes is purchasing an insurance policy without understanding its coverage.
According to the National Insurance Commission Ghana, carefully assess your driving needs and financial capability before choosing a policy..
Many drivers focus on the lowest-priced policy without considering what it covers. A cheaper plan may exclude critical benefits, leaving you financially exposed in case of an accident.To avoid this, compare insurance policies based on coverage, claims process, and additional benefits rather than just cost.
Not all insurance companies offer the same level of service. Some may have a slow claims process or poor customer support. Check online reviews, ask for recommendations, and verify the insurer's accreditation with the National Insurance Commission Ghana before making a decision. With this, we recommend Maya, a safer insurance hub you could be.
Many policyholders don’t check the claims process until they need it—only to face delays and complications.Before purchasing a policy, understand:
✅ How to file a claim
✅ Required documents
✅ Expected processing time
✅ Customer support optionsStudies show that over 60% of insurance disputes in Ghana stem from claim misunderstandings (Ghana Insurance Market Report, 2023).
Giving false or incomplete information when purchasing motor insurance can lead to claim rejection or legal issues.Ensure that your car registration details, chassis number, and personal information are accurate and match official records (National Road Safety Authority, 2023).
Traditional insurance processes can be time-consuming, requiring long queues at physical offices. Many drivers are unaware of WhatsApp-based insurance platforms like Maya that simplify the process.Use Maya to buy or renew motor insurance quickly via WhatsApp. Just send “Hi” to get started!.
According to Ghana Motor Insurance Compliance Report, 2023, driving with an expired insurance policy is illegal and can result in penalties. Set a renewal reminder or opt for automated renewal alerts using platforms like Maya. 8. Overlooking Flexible Payment OptionsMany drivers assume they must pay for a full year of insurance upfront, even if they can’t afford it.With Maya’s pay-as-you-go insurance option, you can choose coverage for a few months based on your budget, ensuring you remain protected without financial strain.
Avoiding these common mistakes will save you time, money, and stress. Choose the right coverage, buy from a trusted provider, and take advantage of digital insurance solutions like Maya for a hassle-free experience.💡 Get insured the easy way! Message "Hi" to Maya on WhatsApp and get your motor insurance in minutes.