Custodian Insurance — review & details

In Car insurance · By the Rateweb editorial team · How we rate · Details checked 18 Jul 2026

Part of the Custodian group, a strong corporate and retail insurer — a credible, well-run option for comprehensive motor cover, particularly for higher-value vehicles.

Custodian Insurance

Part of the Custodian group, a strong corporate and retail insurer — a credible, well-run option for comprehensive motor cover, particularly for higher-value vehicles.
★★★★☆
3.9/5 · How we rate
NAICOM-licensed
Regulator
Strong corporate/retail franchise
Strength
₦15,000/yr (statutory)
Third Party
~3–5% of car value
Comprehensive
Comprehensive / higher-value cars
Best For
Pros
  • Strong, well-run insurer
  • Good for comprehensive and higher-value cars
  • Part of a solid group
Cons
  • Less retail-motor brand presence
  • Fewer budget options
Fees, eligibility & documents
Fees
Third-party₦15,000/yr (statutory)
Comprehensive~3–5% of car value
StrengthCorporate/retail franchise
Eligibility
  • A vehicle registered in Nigeria
  • A valid driver's licence
  • Vehicle particulars
Documents needed
  • Vehicle registration / particulars
  • Valid driver's licence
  • Proof of ownership
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How Custodian Insurance compares in car insurance

Custodian Insurance scores 3.9/5 in our car insurance rankings. Our current top pick is Leadway Assurance (4.5/5). Always compare a few before you decide — see the full car insurance comparison.

Custodian Insurance
3.9/5 · this page
 Leadway Assurance
4.5/5
 NEM Insurance
4.3/5
Regulator NAICOM-licensed NAICOM-licensed NAICOM-licensed
Strength Strong corporate/retail franchise — —
Third Party ₦15,000/yr (statutory) ₦15,000/yr (statutory) ₦15,000/yr (statutory)
Comprehensive ~3–5% of car value ~3–5% of car value ~3–5% of car value
Best For Comprehensive / higher-value cars Reliable claims Motor cover
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Details last checked: July 2026

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