Vast Range Insurance Agency Limited

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Vast Range Insurance Agency Limited Insurance should feel clear, fair, and dependable. That’s the promise. Independent advice. Trusted insurers. Real support when it counts.

Vast Range Insurance Agency Limited helps Kenyans protect what matters, health, business, family, and future.

Insurance shouldn’t be confusing, stressful, or distant.At Vast Range Insurance Agency Limited, we exist to make insuran...
10/02/2026

Insurance shouldn’t be confusing, stressful, or distant.

At Vast Range Insurance Agency Limited, we exist to make insurance simple, reliable, and truly useful for everyday life — whether it’s your car, business, health, or family’s future.

We don’t just sell policies. We protect livelihoods.

📍 Kenya-wide support
📞 Friendly, honest advice
🤝 Partners you can trust

CTA:
👉 Follow our page for insurance tips that actually make sense.

10/02/2026

Insurance shouldn’t be confusing, stressful, or distant.

At Vast Range Insurance Agency Limited, we exist to make insurance simple, reliable, and truly useful for everyday life — whether it’s your car, business, health, or family’s future.

We don’t just sell policies. We protect livelihoods.

📍 Kenya-wide support
📞 Friendly, honest advice
🤝 Partners you can trust

👉 Follow our page for insurance tips that actually make sense.

Principles of Insurance are the fundamental rules that guide how insurance contracts work and how claims are settled. Th...
08/02/2026

Principles of Insurance are the fundamental rules that guide how insurance contracts work and how claims are settled. They ensure fairness, legality, and proper risk management.

1. Utmost Good Faith (Uberrimae Fidei)

Both the insurer and the insured must disclose all material facts honestly and fully.

Example: Failing to disclose a previous accident when taking motor insurance can lead to claim rejection.

2. Insurable Interest

The insured must have a financial or legal interest in the subject matter of insurance.

Example: You can insure your own car, but not your neighbor’s car.

3. Indemnity

Insurance should restore the insured to the financial position they were in before the loss, not allow profit.

Example:
If your car worth KES 800,000 is damaged, compensation will not exceed that value.

4. Contribution

If more than one insurer covers the same risk, each insurer contributes proportionately to the loss.

Example: Two insurers covering the same house will share the claim cost.

5. Subrogation

After paying a claim, the insurer gains the right to recover the loss from a third party responsible.

Example: If another driver caused an accident, the insurer can recover costs from them after paying you.

6. Proximate Cause

The insurer pays only if the **loss is caused by an insured peril**, not an excluded one.

Example: If fire (insured risk) causes damage, the claim is payable—even if fire resulted from an accident.

7. Mitigation of Loss

The insured must take reasonable steps to minimize loss when an insured event occurs.

Example: Moving goods away from fire to prevent further damage.

✅ **Why These Principles Matter**

* Protect policyholders from unfair treatment
* Prevent fraud and moral hazard
* Ensure smooth claims settlement
* Form the legal backbone of insurance contracts





Motor Vehicle Insurance Classification (By Use)A. Private Motor InsuranceFor vehicles used strictly for personal use.Exa...
07/02/2026

Motor Vehicle Insurance Classification (By Use)
A. Private Motor Insurance
For vehicles used strictly for personal use.

Examples
1. Personal cars
2. Family vehicles

Restrictions
1. No carrying goods for hire
2. No fare-paying passengers

B. Commercial Motor Insurance
For vehicles used for business purposes.

Examples
1. Company cars
2. Sales vehicles
3. Service vehicles

Covers
1. Private use risks
2. Business-related travel risks

💰 More expensive than private

C. Cartage (Goods Carrying Vehicles)
For vehicles that transport goods, especially for hire or reward.

Examples
1. Pickups
2. Lorries
3. Delivery vans
4. Trucks

Risks considered
1. Overloading
2. Long-distance travel
3. Poor road conditions

💰 Higher premiums due to increased risk

D. PSV (Public Service Vehicle) Insurance
For vehicles that carry fare-paying passengers.

Examples
1. Matatus
2. Buses
3. Taxis
4. Ride-hailing vehicles (Uber, Bolt, etc.)

Mandatory inclusions
1. Passenger Legal Liability (PLL)
2. Higher third-party limits

Why expensive
1. High accident exposure
2. Multiple passengers per trip
3. Legal liability risks

💰 Most expensive category

Factors That Affect Premiums in Kenya
1. Vehicle value (sum insured)
2. Vehicle use (private, commercial, PSV)
3. Driver’s claims history
4. Vehicle age
5. Engine capacity

Legal & Regulatory Notes (Kenya)
1. Motor insurance is regulated by the Insurance Regulatory Authority (IRA)
2. Every insured vehicle must have a valid insurance certificate and sticker
3. Driving without insurance is a criminal offense





Motor Vehicle Insurance TypesThird Party Only (TPO)Third Party Only (TPO) is the minimum legal motor insurance requireme...
06/02/2026

Motor Vehicle Insurance Types
Third Party Only (TPO)

Third Party Only (TPO) is the minimum legal motor insurance requirement in Kenya, as provided under the Insurance Act. It allows you to drive legally but offers limited protection.

✅ What it covers
Injury or death of a third party
Damage to third-party property
(other vehicles, buildings, fences, etc.)

❌ What it does NOT cover
Damage to your own vehicle
Theft
Fire
Vandalism

🚗 Best for
Old vehicles
Vehicles with low market value

Owners looking for the cheapest legal cover
💰 Cost 👉 Cheapest motor insurance option available





UNDERSTANDING INSURANCE IN KENYAInsurance looks complex. The basics are simple. It is about risk, trust, and timing.Here...
04/02/2026

UNDERSTANDING INSURANCE IN KENYA
Insurance looks complex. The basics are simple. It is about risk, trust, and timing.
Here are the core insurance basics in Kenya, clearly broken down.
1. Insurable Interest
You must suffer a financial loss if the insured item or person is affected.
You insure what you own, depend on, or are legally responsible for.
2. Utmost Good Faith
Both sides must tell the truth.
You disclose health conditions, vehicle use, property details.
The insurer explains terms, limits, and exclusions.
3. Risk Pooling
Many people contribute premiums.
Losses of a few get paid from the pool.
This is why premiums stay affordable.
4. Premium
This is the amount you pay.
Monthly, quarterly, or annually.
No premium, no cover.
5. Policy Document
This is the contract.
It states what is covered, what is excluded, limits, and duration.
Always read it.
6. Sum Insured
This is the maximum amount payable for a claim.
Underinsurance leads to reduced payouts.
7. Excess or Deductible
This is the portion you pay during a claim.
Higher excess usually means lower premium.
8. Claims Process
You notify the insurer immediately after a loss.
Provide documents like police abstract, medical reports, or receipts.
Delayed reporting risks claim rejection.
9. Exclusions
These are risks not covered.
Common examples include wear and tear, illegal acts, and fraud.
10. Regulation in Kenya
Insurance is regulated by the Insurance Regulatory Authority.
Licensed insurers and agents protect policyholders from abuse.
Insurance works best when bought before trouble starts.
Choose cover based on real risks, not price alone.




You can also follow on Instagram to see more.
04/02/2026

You can also follow on Instagram to see more.

UNDERSTANDING INSURANCE IN KENYAInsurance looks complex. The basics are simple. It is about risk, trust, and timing.Here...
04/02/2026

UNDERSTANDING INSURANCE IN KENYA
Insurance looks complex. The basics are simple. It is about risk, trust, and timing.
Here are the core insurance basics in Kenya, clearly broken down.
1. Insurable Interest
You must suffer a financial loss if the insured item or person is affected.
You insure what you own, depend on, or are legally responsible for.
2. Utmost Good Faith
Both sides must tell the truth.
You disclose health conditions, vehicle use, property details.
The insurer explains terms, limits, and exclusions.
3. Risk Pooling
Many people contribute premiums.
Losses of a few get paid from the pool.
This is why premiums stay affordable.
4. Premium
This is the amount you pay.
Monthly, quarterly, or annually.
No premium, no cover.
5. Policy Document
This is the contract.
It states what is covered, what is excluded, limits, and duration.
Always read it.
6. Sum Insured
This is the maximum amount payable for a claim.
Underinsurance leads to reduced payouts.
7. Excess or Deductible
This is the portion you pay during a claim.
Higher excess usually means lower premium.
8. Claims Process
You notify the insurer immediately after a loss.
Provide documents like police abstract, medical reports, or receipts.
Delayed reporting risks claim rejection.
9. Exclusions
These are risks not covered.
Common examples include wear and tear, illegal acts, and fraud.
10. Regulation in Kenya
Insurance is regulated by the Insurance Regulatory Authority.
Licensed insurers and agents protect policyholders from abuse.
Insurance works best when bought before trouble starts.
Choose cover based on real risks, not price alone.




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Address

Unafric House, 4th Floor, Koinange Street
Moi
00200

Opening Hours

Monday 08:00 - 17:00
Tuesday 08:00 - 17:00
Wednesday 08:00 - 17:00
Thursday 08:00 - 17:00
Friday 08:00 - 17:00
Saturday 09:00 - 13:00

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