Winfro Insurance Agency

Winfro Insurance Agency

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07/01/2022

For those wondering why the sudden and substantial rise in motor vehicles premium. Here's a simple explanation. Insurance companies aim Kenya have been over the years been undercharging and undercutting the motor premiums rates. This has resulted to loses running into billion of shillings. In addition insurance companies also are required to insurance themselves with Reinsurance companies such as KenyaRe, AfricaRe, SwissRe, MunichRe etc. These Reinsurance companies have increased the rate the charge Insurance companies thus making it trickle down to you the insured. Now you know. Talk to us for your specific insurance rate as it varies between one person to another.

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