Fin Insurance — review & details

In Car insurance · By the Rateweb editorial team · How we rate · Details checked 1 Aug 2026

Lagos-based general insurer on NAICOM's register (RIC 047 — also shown on its own site), offering motor third-party and comprehensive cover with policies issued in minutes through its e-insurance portal.

Fin Insurance

★★★★☆

3.6/5 · How we rate

Motor third-party and comprehensive

Cover Types

NAICOM general-insurance register, RIC 047 (verified August 2026; also stated on the company's own site)

Licence

Claims reported through a dedicated claims form via its support channels; no published settlement timelines

Claims

Drivers who want quick digital policy issuance from a smaller, NAICOM-licensed insurer

Best For

insurer

Type

Pros

Verified on NAICOM's register (RIC 047), and displays its licence on its own site
E-insurance portal issues policies in minutes (company's stated service promise)
Publishes audited financial figures, including total assets of ₦36.8bn at 31 December 2024 (company's own disclosure)

Cons

Smaller and younger motor brand than the established names, with a lighter branch footprint
No published claims-settlement timelines or statistics
Claims reporting runs through support channels rather than a self-service tracking portal

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 and registered keepers in Nigeria
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

Visit Fin Insurance

How Fin Insurance compares in car insurance

Fin Insurance scores 3.6/5 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.

	Fin Insurance 3.6/5 · this page	Leadway Assurance 4.5/5	NEM Insurance 4.3/5
Cover Types	Motor third-party and comprehensive	—	—
Licence	NAICOM general-insurance register, RIC 047 (verified August 2026; also stated on the company's own site)	—	—
Claims	Claims reported through a dedicated claims form via its support channels; no published settlement timelines	—	—
Best For	Drivers who want quick digital policy issuance from a smaller, NAICOM-licensed insurer	Reliable claims	Motor cover
	Visit Fin Insurance →	Get a quote →	Get a quote →

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Details last checked: August 2026

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