Safety, Insurance & Protection
Understanding Coronation Insurance Coverage
The Motor Max figures Nova Rides is allowed to state, and what still has to be read from the policy.
Nova RidesPublished 2 November 2026Updated 2 November 20261 min read

Hosts are expected to keep valid motor insurance that allows the vehicle to be hired. On the listing you can arrange Coronation Motor Max, or enter an existing Coronation policy when that choice is offered. The number, expiry, and certificate have to stay on file.
Figures that are published
- Coronation Motor Max Gold uses a pre-set premium of ₦50,000 for 12 months.
- The own-vehicle repair sum insured is ₦1,000,000.
- If Coronation returns a premium, Nova Rides charges that returned amount.
- That sum insured is not a promise that a repair will be approved.
Personal Accident
When live pricing is available, the guest chooses a Personal Accident level at booking. Coronation calculates the price, and that amount is included when they pay. The levels set benefit bases for death, permanent disability, and medical expenses. Those figures are not the premium, and they are not vehicle-damage cover. An additional driver who wants cover completes it on their own account.
Was this helpful?
Related guides
- Understanding Nova Rides Vehicle ProtectionWhat Nova Rides arranges, and what it does not insure itself.
- Understanding the Claims ProcessHow a report becomes an assessment, and who decides a repair.
- Documents Required to Host a VehicleThe account, ownership, and vehicle papers the listing and trip-ready checks ask for.