Nothing compares to the freedom of having a car, and if you currently own or are looking to purchase a motor vehicle in Lae, securing adequate vehicle insurance is a must.
The importance of insuring your vehicle in Lae
Lae is the second-largest city and the industrial and economic hub of Papua New Guinea. Because it’s home to many of the country’s largest businesses, a lot of traffic passes through and many of the roads have deteriorated due to a lack of government funding. Rough, uneven roads and chaotic traffic make motor vehicle insurance an important consideration.
Motor vehicles in Papua New Guinea are often imported from Japan. Because of this, both new and used vehicles tend to be expensive compared to other countries – this is another reason auto insurance is essential.