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.
According to the insurer, all vehicles covered on a comprehensive basis shall be converted to Third Party only upon renewals.
The statement by Senior Underwriting officer David Mankone further says all Comprehensive vehicles must be up to 15 years of age for private vehicles and 12 years for commercial vehicles.
The vehicles listed as rare include:
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
