Uganda, Feb. 8 -- Please briefly talk me through choosing the best car insurance for my car. Is insurance necessary?

Gorreti.

Hello Gorreti, when you set out to choose the best car insurance for your car, your key considerations should include the amount of risk or liability covered as well as options offered by the particular coverage. The amount of money you must pay for the insurance policy to be effected and the amount of money or premium you have to pay monthly or annually to keep your insurance policy valid are also important considerations.

The premium will be determined by risk and coverage. It is important to consider the reputation of the insurance company, particularly their market capitalisation, financial strength and stab...