If you have a car older than 12 years or valued below Sh600,000, you may need to adjust your insurance premium budget.

This is after the High Court dismissed a case filed against the Insurance Regulatory Authority (IRA) and the Association of Kenya Insurers (AKI).

Kenya Human Rights Commission (KHRC) filed the case before Justice Lawrence Mugambi arguing that there was no public participation and that insurers were refusing to issue comprehensive covers for vehicles that were older than 12 years or were less than Sh600,000.

It also alleged that insurers had raised their cost by up-to 50 per cent of the initial premiums offered to motorists.