Wikiprocedure > Liberia


Liberia - Obtain a motor vehicle insurance

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Procedure[edit]

1.Applicants should start by finding a liable insurance company. A list of insurance companies can be viewed at http://www.westafricadirectory.com/Liberia/Banking_and_Finance/Insurance.html;;

2.When an insurance company is identified, the applicant must then go to its offices to find out the motor insurance policies offered.

3.The applicant then proceeds with choosing a policy that best suits his / her needs.

4.Find out what is required in order to obtain the insurance policy;

5.Thereafter, prepare all required documents;

6.Then obtain application form for the insurance policy from the insurance company chosen and fill it correctly;

7.Attach all required documents on to the filled form and submit documents to the insurance company; and

8.Make any necessary payments;

9.At the insurance company, the documents submitted are assessed to decide on whether the applicant suits for the required policy or not;

10.If documents are approved, the insurance company grants policy to the vehicle and an insurance certificate is issued;



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Required Documents[edit]

1.Applicants identification documents;

2.Log book

3.Payment slips;



Office Locations & Contacts[edit]

Ministry of Transport

Parker Building, Broad Street

Montserrado

Monrovia, Liberia

Email address: stvarpilah@yahoo.com


Ministry of Finance

P.O Box 10-9013 Monrovia, Liberia

Telephone: +231 226 352

Fax: +231 226 715

Email: webmaster@mof.gov.lr

Website: http://www.mof.gov.lr/



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Eligibility[edit]

Owners of motor vehicles



Fees[edit]

Fees charges are $25



Validity[edit]

Usually valid for one (1) year



Documents to Use[edit]

Please attach documents that can be used by people. e.g. links


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Sample Documents[edit]

Please attach sample completed documents that would help other people.



Processing Time[edit]

Please explain processing time taken in obtaining the document/certificate.



Related Videos[edit]

Videos explaining the procedure or to fill the applications. 
Attach videos using the following tag <&video type="website">video ID|width|height<&/video&> from external websites.
Please remove the "&" inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver, 
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url "http://www.youtube.com/watch?v=Y0US7oR_t3M" Video ID is "Y0US7oR_t3M". 
	



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Instructions[edit]

  1. Choose an insurance company that offers the policy required;
  2. Ensure that the insurance company chosen is recognized;
  3. Choose an insurance policy that shall cover all the liability you need to cover under insurance of a vehicle;
  4. Always give as much information as possible when obtaining insurance;
  5. Applicants must note that information given is a great influence to issuance of motor insurance;
  6. Before obtaining a particular insurance policy, know what tit shall cover in cases of any liabilities



Required Information[edit]

1.Details of ownership of the motor vehicle;

2.Type of motor vehicle

3.Chassis and engineer number of vehicle

4.Motor vehicle registration number

5.Purpose of vehicle for which it is to be insured;

6.Any other purposes other than the class to be insured of;



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Need for the Document[edit]

Motor Vehicle Insurance involves insuring a motor vehicle against any kinds of liability. The Ministry of Transport in Liberia with the help of police ensures that motor vehicles are insured.



Information which might help[edit]

1.It is important to note that possibilities of changing an issued insurance policy depend on the issuing insurance company;

2.Insurance companies do not cater for liabilities resulting from:

  • Careless driving;
  • Usage of vehicles that it is not insured;
  • Driving while drunk, driving by an underage or physically / mentally ill person or being driven by a person with no legal authority (drivers license);
  • Excess loading shall also not be covered



Other uses of the Document/Certificate[edit]

1.If a vehicle is insured and an accidents occurs, the insurance companies cater for transportation costs from the place of accident;

2.In cases of accidents where a vehicle is insured, losses are likely to be recovered;

3.Insuring a vehicle ensures that if an liability occurs and injuries are caused to a third party, the injuries are settled;



External Links[edit]

http://allafrica.com/stories/201402060941.html

http://www.liberianobserver.com/news/motor-vehicles-now-required-obtain-3rd-party-insurance

http://www.thenewdawnliberia.com/index.php?option=com_content&view=article&id=10962:motor-vehicle-inspection-starts-today&catid=25:politics&Itemid=59

http://allafrica.com/stories/201312131567.html



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Others[edit]

More information which might help people.