StudyCrestLtd:

Real asset insurance can't work work in Nigeria since most assets were not comfortably owned. Someone earning 150,000 saved or got on facility a car worth 5m and you want him or her to be paying about 500k every year cum rent and others. It can't come easy

StudyCrestLtd:

Real asset insurance can't work work in Nigeria since most assets were not comfortably owned. Someone earning 150,000 saved or got on facility a car worth 5m and you want him or her to be paying about 500k every year cum rent and others. It can't come easy

Factfinder1:


You could still educate and englighten someone without insults and name calling.... I guess it's now clears who's dumb amongs the both of us.... The worst illiterate is an educated illiterate... Learn to talk to people with courtesy and manners it will take you far in life

Factfinder1:


You could still educate and englighten someone without insults and name calling.... I guess it's now clears who's dumb amongs the both of us.... The worst illiterate is an educated illiterate... Learn to talk to people with courtesy and manners it will take you far in life

atobs4real:

Dumb skull think twice. They have insurance in place

kiddoiLL:
Insurance will cover the damage. Whoever or any company that probably owns those cars will definitely have them insured. There are some stuffs that are just to valuable to leave uninsured. And Whity dem, he might probably take responsibility for part of the damage...Life's simple... Us Nigerians, we no dey ever get time to hear about not to talk of invest in Insurance..we are insured by the blood of Jesus

einsteine:


Why should someone earning 150k per month get a car that is worth his 3 years salary?

stubbornman:


All these 2003 children without respect

Factfinder1:
Na to forgive am.. He no fit pay

EmagNig:
A Taiwanese delivery man crashed his Mitsubishi cargo van into four parked Ferraris earlier this week, causing over $300,000 worth of damage.

The driver allegedly fell asleep behind the wheel of his work vehicle due to exhaustion when he crashed into the Prancing Horses.

The 20-year-old driver was making deliveries at 5:00 am in the morning when he drifted into a deep sleep around 5:40 am, according to the Taiwan News.

Every single one of the cars, three different Ferrari 488s and one F12, were heavily damaged and had to be transported away from the crash scene by a flatbed truck.

Allegedly, the driver was on his way to his mother’s shop when he hit the cars at approximately 25 miles per hour.

According to the report, one of the 488s has approximately $130,000 worth of damages, the other 488 a little over $97,300, and the white, V-12-powered F12 approximately $162,300 in repair estimates.


Most of the damages appear to be cosmetic (although the damage wasn’t exactly minor), with the van pushing the cars into each other and sideswiping them.

However, it could've been worse. Had the driver managed to total the Ferraris, he would've been on the hook for over 1.6 million, according to the Taiwan News.

There’s no damage estimate on the delivery van, but it does have the most damage and may possibly be inoperable after hitting the four supercars.

It is however reported that members of the public in Taiwan are already making plans to make donations towards the repair of the expensive cars.

https://lailasnews.com/taiwanese-delivery-man-falls-asleep-smashes-into-4-ferraris-worth-16m

lalasticlala

EVILFOREST:

Why INSULT someone over such....
I think you need DRIPS

Factfinder1:
Na to forgive am.. He no fit pay

kiddoiLL:
Insurance will cover the damage. Whoever or any company that probably owns those cars will definitely have them insured. There are some stuffs that are just to valuable to leave uninsured. And Whity dem, he might probably take responsibility for part of the damage...Life's simple... Us Nigerians, we no dey ever get time to hear about not to talk of invest in Insurance..we are insured by the blood of Jesus

Yoighaman:


Are you new on NL? Guess not....There are many fustrated people here, you just spotted one in a million ....they attack you like you guys had beef before now

samwash:
Many commenting there are just talking from the Nigeria mentality because we don't kwn what investing in insurance means in Nigeria.

linearity:


Am sure 99.9% that these cars are insured...so, no need for alarm.

It could even be an arranged ‘accident’ so that the insurance company can pay up.

uuzba:


When we live flamboyant lives in Nigeria. Each person buying the latest imported product (shoe/watch/phone) to display and oppress others.
In such a situation, when you realise that you are paying big money to Insurance company and in the event that you never have to claim for damages, the insurance brokers., will use that your money to buy shoe, watch and phone, snap the picture and put on Instagram and oppress you,..... will you still give them your free money ?

All the N5000 wey I don pay for 3rd party insurance, and I still go to mechanic to service my car every month, buy petrol, buy engine oil... Do you know what I could have done with all that N5000 multiplied by how many years?

stubbornman:


All these 2003 children without respect