Anchor Insurance — review & details
General insurer on NAICOM's register (RIC 005 — also shown in its own footer), offering both third-party and comprehensive motor cover with a dedicated online portal for filing and tracking claims.
Anchor Insurance
★★★★☆
Third-party and comprehensive motor insurance (both explicitly offered)
Cover Types
NAICOM general-insurance register, RIC 005 (verified August 2026; also stated in the company's own footer)
Licence
Dedicated online claims portal (claims.anchorinsurance.ng) to file and track claims
Claims
Drivers who want to file and track a motor claim online rather than by phone or branch visit
Best For
insurer
Type
Pros
- Verified on NAICOM's register (RIC 005), and displays its RIC in its own site footer
- A purpose-built claims portal with status tracking — clearer than the email-and-wait process common in the market
- Named Insurance Company of the Year 2019 (award cited by the company)
Cons
- No published claims-settlement timelines to back the digital claims promise
- Full online purchase flow is less developed than its quote and claims tools
- Smaller brand and branch presence than the largest motor insurers
Fees, eligibility & documents
Fees
PremiumQualitative — request a quote. Third-party motor cover is legally compulsory; comprehensive is priced against your vehicle's value.
Eligibility
- Vehicle owners in Nigeria — the company notes motor insurance is compulsory for all vehicle owners
- Third-party cover at minimum is required by law
- Comprehensive cover requires the vehicle's declared value
Documents needed
- Vehicle registration details
- Valid driver's licence and means of identification
- Vehicle valuation or declared value for comprehensive cover
How Anchor Insurance compares in car insurance
| Anchor Insurance | Leadway Assurance | NEM Insurance | |
|---|---|---|---|
| Cover Types | Third-party and comprehensive motor insurance (both explicitly offered) | — | — |
| Licence | NAICOM general-insurance register, RIC 005 (verified August 2026; also stated in the company's own footer) | — | — |
| Claims | Dedicated online claims portal (claims.anchorinsurance.ng) to file and track claims | — | — |
| Best For | Drivers who want to file and track a motor claim online rather than by phone or branch visit | Reliable claims | Motor cover |
| Visit Anchor Insurance → | Get a quote → | Get a quote → |
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