× Digital News Videos Opinions Cartoons Education U-Report E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News BTV KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS E-Learning Digger Classified The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS
Heritage Insurance Managing Director Godfrey Kioi (L) and Taj Thanawalla, Managing Director of Thanawalla Insurance Brokers.
Motorists who have insured their vehicles with Heritage Insurance will benefit from a reduction in premiums, on the basis of reduced driving due to restrictions imposed by the Covid-19 pandemic.

Data collected by the company through the telematics devices fitted in vehicles on its Auto Correct motor insurance policy shows that 46 per cent of insured motorists drove less in the month of April compared to their monthly driving range over the previous six months.

This was attributed to reduced movement and most people working from home.

Given the reduced exposure, Heritage will offer a cashback to all Auto Correct policy holders based on each individual’s level of reduced driving in April compared to their normal driving range.

“This Covid-19 phase has raised a lot of questions for conventional insurance products. Kenyans are concerned that while their cars are stationary, insurers are still collecting premiums from them at normal rates,” said Heritage Insurance Kenya Managing Director Godfrey Kioi.

“Usage and miles-based insurance provides a solution that allows us to peg pricing on vehicle use and driver behaviour.”

Auto Correct motor insurance Heritage Insurance
Share this story

Read More