Why people and businesses like you are moving to VaultCova.
Knowing exactly what you own, and what it is worth, changes everything: sharper cover, faster claims, and money back for staying claim-free. Your first vault is free, it takes about two minutes, and Cova does the heavy lifting in your language.
How VaultCova compares with going direct or using a broker
You can buy cover straight from an insurer, place it through a traditional broker, or run everything through VaultCova. The underwriter on the policy is NAICOM-licensed either way; what differs is who keeps your records, who compares the market, and who does the running. Here is the point-by-point comparison.
| Direct insurer | Traditional broker | VaultCova | |
|---|---|---|---|
| Where your records live | With you, if you keep the files together yourself | In the broker's files, not yours | A living register you own: photos, receipts and values, always with you |
| What it is worth | You estimate it. A low figure means a claim can pay short | A figure on a form, revisited when someone remembers to | Replacement values tracked as prices move, with gaps flagged early |
| Who you can buy from | One company's products only | Several insurers: the ones your broker knows | A selected panel of reliable, NAICOM-licensed underwriters, compared for you |
| Risk insights and analysis | Not part of the product | An opinion, if you ask | A live risk score, gaps flagged in naira, and what to fix first |
| Reports and schedules | A policy document, when you ask | On request, within office hours | Risk reports and an auditor-ready schedule of assets, on demand |
| How cover happens | Forms, portals and call-centre hours | Calls and follow-ups, then the paperwork | Streamlined: quote, payment and certificate in one conversation |
| The small print | Insurance wording, as printed | Summarised by someone else, if you ask | Exclusions, excess and conditions in plain words, before you pay |
| When something happens | You gather the evidence and chase the process | You report it, then wait for updates | File from your phone and follow every step. Clear-evidence claims are fast-tracked |
| Staying claim-free | Not typical | Not part of the service | VaultRewards: up to 7% of your premium back, accrued monthly |
| On the go | Office hours, mostly in English | One person's working day | Your vault on phone and laptop, around the clock, in five languages |
What the difference adds up to
- ₦0 to start: open your vault and log your first assets free. You pay the insurer's premium, nothing on top.
- About 10% less: related assets bundled on one policy typically cost about 10% less on your first cover.
- Up to 7% back: VaultRewards accrues monthly for staying claim-free, to your wallet, your bank or next year's renewal.
The benefits behind the ledger
- Risk insights and analysis: a live risk score for everything you own, gaps flagged in naira, and a ranked list of what to fix first.
- Reports for your board: monthly, quarterly and annual risk reports as clean PDFs.
- Schedules of assets: an auditor-ready PDF of your whole register in one tap.
- A panel you can trust: we work with the best and selected underwriters, reliable carriers we hold to account.
- Streamlined, end to end: log, quote, payment, certificate, renewal and claim in one conversation.
- On the go, always: your vault on phone and laptop, around the clock, in five languages.
Who is behind it
VaultCova was founded by Ezekiel Igbinovia, an insurance surveyor with more than ten years of risk and loss assessments behind him. Every policy on VaultCova is underwritten by a NAICOM-licensed insurer: we compare the panel, they carry the risk.
VaultCova, Nigeria. Log, track your assets and insure your way. Cover is provided by NAICOM-licensed underwriters.