Many weeks ago local insurance company put up a notice in the dailies announcing that due to scarcity and cost of parts it would no longer offer comprehensive cover for some models. among them Honda HRV, Crossroad, CR-Z and Insight, Suzuki Swift, Alto and Escudo, six models of Mazda, all models of Daihatsu, Subaru Exiga, all Renault models, seven models of Toyota including Prius (hybrid) and Opa among others, as well as Ford Escape and all models of Hyundai. Has this changed? Do you know of any other insurarers that followed suit? Read the original article below.
Occidental Insurance has excluded some car models from underwriting due to unavailability of their spare parts.
The insurer, through a notice to all business partners dated February 14, 2019, states that spare parts of these vehicles have become rare and obsolete posing a challenge when settling claims.
The letter from the insurer lists Honda HRV, Crossroad, CR-Z and Insight, Suzuki Swift, Alto and Escudo, six models of Mazda, all models of Daihatsu, Subaru Exiga, all Renault models, seven models of Toyota including Prius (hybrid) and Opa among others, as well as Ford Escape and all models of Hyundai.
According to the insurer, all vehicles covered on a comprehensive basis shall be converted to Third Party only upon renewals.
The vehicles listed as rare include:Â
- Honda HRV
- Honda Crossroad
- Honda Insight Hybrid
- Honda CR-Z
- Suzuki Alto EX Japan
- Suzuki Swift
- Suzuki Escudo
- Mazda Axella
- Mazda Premacy
- Mazda Tribute
- Mazda CX7
- Mazda Verisa
- Mazda Familia
- Daihatsu all models
- Subaru Exiga
- Renault all models
- Toyota Gaia
- Toyota BB
- Toyota OPA
- Toyota Vios
- Toyota Voltz
- Toyota Prius Hybrid
- Toyota Lexus Saloon
- Hyundai all models
- Ford Escape
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