Are effects of floods covered in car insurance?
The persistent rains in the past weeks have resulted in heavy flooding in many parts of the country, particularly Lagos where many of the drainages have been blocked due to rising human and…
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flood insurance
Lagos flood: Why you may not claim on your comprehensive motor insurance policy
Last Friday’s heavy rains, precisely 16th July 2021 in Lagos has reverberated the discussion on whether insurance will compensate vehicle owners that suffered damages on their cars as result…
Why people in flood prone arrears need insurance now
Flood loss incidents through most part of last year, where people lost their lives and many homes displaced have re-emphasised the need for those in such areas to get insurance for…
Need for flood insurance heightens as homes, farmlands wiped away
The need for flood insurance cover that will enable farmers and communities prone to flooding recoup their investments and also get indemnified in the event of losses has been re-echoed.…
Developers shun flood insurance despite climate change threat
Real estate developers building along the coastal lines of most cities in Nigeria have neglected flood insurance despite expected harsh weather conditions such as rising sea levels,…