A passenger at a matatu stage in Nyeri which has been taken over by Toyota Sienta vehicles on July 3, 2019. Owners of Probox, Succeed, Sienta, Passo, and Porte have been dealt a blow after some insurers opted to deny them comprehensive covers citing losses due to “misuse” of the vehicles.
Latest development is likely to rattle thousands of car owners.
Decision arrived at in the wake of insurers recording huge losses due to claims surge.
The insurer also announced that it would no longer issue comprehensive covers for all Suzuki models valued below Sh1 million.
Owners of five Toyota car models, including the popular Probox, Succeed, Sienta, Passo, and Porte have been dealt a blow after some insurers opted to deny them comprehensive covers citing losses due to “misuse” of the vehicles.
In the latest development that is likely to rattle thousands of car owners, an insurance firm GA Insurance said it had also stopped issuing cover for all models of Suzuki cars valued at below Sh1 million.