Imported used cars present challenge to insurers

Imported used cars present challenge to insurers

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The huge influx of used cars into the country is not only presenting a challenge to the environment but also the insurance industry.

This is the view of longstanding insurance practitioner, Harry Hobson, who was a guest on Wednesday’s edition of ZDK’s Open Forum.

According to Mr. Hobson who has worked in the insurance industry for over thirty years, due to a number of factors,  providing insurance coverage for these types of vehicles is not always as straight forward as it seems.

Mr. Hobson then went to provide an explanation of how insurers are dealing with issue.

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