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Econet Zimbabwe Now Offers Motor Insurance Services

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The past 10 years wouldn't have been possible without you. Thank you!.

So, Econet Wireless Zimbabwe in collaboration with TiB Insurance Brokers and Steward Bank recently introduced a car insurance product, iDriveSure – another insurance service by Econet after EcoSure, the funeral cover.

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iDriveSure is a bundled product incorporating Motor insurance, Vehicle and ZBC Licensing. It is available at selected Econet Shops and Steward Bank Branches nationwide. All cars that are on the ZINARA Licensing database can be signed up for the service.

There are three main packages available; the third party insurance cover, Comprehensive Standard and the Comprehensive Plus. To get the third party insurance cover, it costs $35.60 per term (a term is a 4 month period). You also get “free” airtime worth $5 in the case of an emergency.

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The Comprehensive Standard package costs 4.5% of the motor vehicle value, only if its book value is below $10 000 . On this package you get “free” roadside assistance as well as the “free” $5 airtime.

The Comprehensive Plus package is for those vehicles whose book value is above $10 000. This package comes with all the above mentioned benefits i.e. “free” roadside assistance and “free” $5 airtime for emergencies, plus vehicle tracking services. It also costs 4.5% of the motor vehicle value per term.

To register for iDriveSure, you’d need your national identity documents and the vehicle registration book. Registration as mentioned before is available at selected Econet Shops or Steward Bank Branch. Obviously, you can use EcoCash to pay, you can also use cash or swipe with any ZimSwitch card since Steward Bank POS machines accept ZimSwitch enabled cards.

Once registered, the minimum period of insurance cover or licensing one can get on iDriveSure is 4 months. I’m sure you also care to know how to make the claim in the event of an accident. Here is the list of documents you need to take to nearest Econet Shop or Steward Bank Branch in case of one:

  • Fully completed claim form (available instore or on www.tib.co.zw). 
  • 3 quotations from panel beaters preferably those that are registered with Motor Traders Association. 
  • Police report (where applicable). 
  • Copy of driver’s license (front & back).

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3 thoughts on “Econet Zimbabwe Now Offers Motor Insurance Services

  1. Econet also dabbling in insurance, hmmm not bad. In Zim Internet of Things (IoT) is still catching on but Econet of Things is everywhere; literally.

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