inDrive Advocates for Third-Party Motor Insurance For Drivers

inDrive, a leading urban mobility platform, has advocated the need for drivers to consider obtaining Third-Party car insurance.

The position forms part of the submission made by the Government Relations Specialist, inDrive, Mary-Anne Momoh-Ige, at a webinar titled “Beyond Compliance: Demystifying Third-Party Motor Insurance—Legal Requirements, Coverage & Benefits, and Claims Administration,” which was organised by Coronation Insurance.

Speaking at the occasion, Momoh-Ige highlighted the ride-hailing platform’s commitment to ensuring proper documentation and insurance during its driver onboarding process.

Despite its importance, she explained that many drivers remain unaware of insurance’s coverage, benefits, and legal implications.

She disclosed ongoing efforts to promote third-party motor insurance, a legal requirement of every vehicle owner, through sensitisation, grassroots mobilisation, and collaboration with policymakers and industry stakeholders.

She, therefore, urged policymakers and insurers to develop insurance packages tailored to ride-hailing drivers, who face unique challenges in classification, stating that ride-hailing drivers operate in a grey area when it comes to insurance classification.

“The insurance policy must evolve to accommodate ride-hailing platforms. Currently, vehicle registration only recognises cars as either commercial or personal, making it difficult for ride-hailing drivers, whose vehicles serve both purposes, to secure appropriate coverage,” she said.

She noted that the platform remains committed to ensuring drivers’ and passengers’ safety and well-being by advocating for better insurance policies and compliance measures.

The session brought together key industry stakeholders, including the CSP of the Nigeria Police Force, Akinwale Akappo; the CRC and Unit Commander of the Federal Road Safety Corps (FRSC), Uko O. Uko; the Head of Retail Claims of Coronation Insurance Plc, Charles Oghiabu; and the Head of Underwriting of Coronation Insurance Ghana, Felix Boateng. Digital Sales Manager of BusinessDay Media Limited Linda Ochugbua moderated the discussion.

During the session, the discussion centred on third-party motor insurance, a legally required policy that covers damages or injuries caused to another person, vehicle, or property in an accident where the insured driver is at fault.

Panelists emphasised the need for increased public education and awareness, as a lack of understanding prevents many drivers from securing adequate protection.

This webinar is part of a broader effort by Coronation Insurance and industry stakeholders to drive awareness and compliance with third-party motor insurance regulations, ensuring better protection for drivers, passengers, and other road users.