Motor Insurance

We offer both Third-Part Motor Insurance and Comprehensive Motor Insurance. The Third-Party covers third-parties who are affected by an accident only, while the Comprehensive variant covers both the insured and third-parties affected by an accident.

The comprehensive motor insurance provides cover for:

  • Loss of or damage to the motor car resulting from accidental collision or overturning
  • Loss or damage resulting from fire or theft
  • Unlimited liability for death/bodily injury to third parties
  • Liability for damage to third party property up to a limit of N1,000,000.00


Strike Riot and Civil Commotion (SRCC):

The Standard Motor policy does not cover loss or damage as a result of riot or civil commotion.
However, the policy can be extended to cover same on paying additional premium

We offer the following additional incentives

  • Up to 50% Discount on the premium payable
  • Free Tracking device installation subject to the value of the vehicle

Other Requirements:

  • Value of the vehicle (s)

  • Vehicles Particulars/Chassis and Engine Numbers/Proof of Ownership.

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Guinea Insurance Company Limited became operative from December 3, 1958. The Overseas shareholders held 51% majority shares before the indigenization decree of 1976, reversed the holding to 60% Nigerian interest, 40% overseas.

The Overseas Shareholders divested their 40% holding to existing Nigerian Shareholders in 1988 thereby making the Company 100% Nigerian.


Guinea Insurance House
33 Ikorodu Road Jibowu, Lagos.

Copyright © 2020 Guinea Insurance Company Limited RC1808. Authorised & Regulated by the National Insurance Commission RIC N0. - 017