Joselyn Kafui Nyadzi
13 min read
20 Oct
20Oct

Many drivers in Ghana struggle to maintain continuous car insurance. A major hurdle is having to pay a full year’s premium upfront. Others simply renew without checking whether they are still getting value. These habits can lead to overspending or, worse, lapses in coverage leaving drivers unprotected when they least expect it.Maya offers a smarter way. The platform lets you pay your car insurance monthly instead of all at once, making it easier to stay consistently insured. You can also adjust your cover as your needs change, so you’re never stuck paying for protection that doesn’t fit your lifestyle.Here’s how you can save on car insurance and how Maya makes that journey simpler.

1. Understand What Really Affects Your Premium in Ghana

Car insurance in Ghana works a bit differently from markets like the US or UK. The National Insurance Commission (NIC) sets a flat-rate tariff that standardizes how much insurers charge for basic motor policies. This means your premium mainly depends on:

  • Type of vehicle – whether it’s private, commercial, or for hire
  • Use of the vehicle – personal, taxi, delivery, or business purposes
  • Type of cover – third-party, third-party fire & theft, or comprehensive

Other factors that affect premiums elsewhere such as age, mileage, or driving history play a smaller role in Ghana.This ensures fairness and transparency, but it also means most drivers pay similar base rates for similar cars.
Where Maya stands out is by adding flexibility and control. Instead of paying everything upfront, you can spread payments monthly and adjust your cover as your situation changes. So while the base rate may be set by regulation, how and when you pay and what level of protection you choose are entirely up to you.

2. The Burden of Annual Lump-Sum Payments

Even when drivers find the right policy, paying a full year’s premium can be tough. Many delay renewal or settle for minimal coverage just to stay legal.Maya solves this by letting you pay in affordable monthly installments, so you can afford comprehensive protection without draining your savings. This flexibility helps prevent coverage gaps and the fines or risks that come with them.

3. Adjust Your Cover as Life Changes

Your insurance needs can shift as your life evolves. Maybe you’ve moved to a quieter area, started working from home, or changed cars. With traditional annual policies, you’d have to wait until renewal to make changes.With Maya, you can adjust your cover more easily. Because you pay monthly, you can update your coverage level or plan mid-policy, and your payments adjust accordingly. It’s insurance that adapts with you

4. Smart Habits That Save You More

Alongside choosing a flexible plan like Maya’s, these habits help you save:

  • Keep a clean driving record.
  • Match your coverage to your car’s actual value.
  • Raise your deductible if you can afford it.
  • Drive fewer miles when possible.


The Bottom Line

Car insurance isn’t optional but it shouldn’t be a financial burden either. Maya makes it easier for Ghanaians to stay insured with monthly paymentsdigital access, and the freedom to adjust coverage anytime.If upfront costs have held you back from getting full protection, now’s the time to switch. With Maya, staying insured is easier, smarter, and built for real life.

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