Why is motor insurance mandatory in the UAE?
DO I NEED ECAR INSURANCE? AUTO INSURANCE IS SMART PLANNING – PLANNING THAT CAN HELP PROTECT - YOU FROM EXPENSIVE, SOMETIMES DEVASTATING CONSEQUENCES. Nearly 1.3 million people die in road crashes each year, on an average 3,287 deaths a day AIG Chances of getting into an accident in UAE (0.05 %) are high when compared with USA(0.01%) IN 2013, THERE WERE 5124 ACCIDENTS AND 651 FATALITIES IN UAE 668 Misjudgement of road 1048 Sudden swerving 573 Insufficient gap b/w vehicles 409 Total Accidents Entering roads without caution 5124 993 Miscellaneous accidents 368 Over speeding 334 366 Breaking Lane Rules Lack of attention 365 Jumping traffic signals > COMPREHENSIVE INSURANCE VS THIRD-PARTY INSURANCE Kind of damage Third-party Comprehensive insurance car insurance 1 Own vehide No Yes 2 Other vehide Yes Yes 3 Personal accident for driver No* Yes Personal accident No* Yes for passenger Injury to driver of other vehide Yes Yes Injury to passenger in other vehicle Yes Yes Damage to own vehicle due to fire No Yes | Damage to own vehicle No Yes 8 due to Thefted attempt 9 Theft No Yes It is compulsory to buy third party insurance to cover TP cars and property damages as well as TP bodily injuries. *This an optional cover COMPLETE YOUR PURCHASE Cue in purchase conveniently at www.aig.ae with the necessary documents Electronic copies of the following documents: v Drivers License v Passport copy with valid UAE resident visa or Emirates Id v Vehicle registration card or RTA Certificate of Transfer or Purchase of Sale AIG This document contains summary information only. For full details on terms & conditions please refer to the full policy wording. For additional information, please visit our website www.aig.ae American Home Assurance Company (Dubai Br.), Insurance Authority No.79, Commercial License no. 613392 Sources: www.dsc.gov.ae/EN/Themes/Pages/Reports.aspx?Topidd=19 www.moneycontrol.com/news/auto-insurance/check-out-3rd-party-motor-insurance-vs-comprehensive-cover_888469.html www.moi.gov.ae/en/media.center/news/road.accidents.declined.by.23.52.in.the.past.three.years.aspx www.money.howstuffworks.com/personal-finance/auto-insurance/comprehensive-auto-insurance-cover.htm www.asirt.org/initiatives/informing-road-users/road-safety-facts/road-crash-statistics.aspx ve
Why is motor insurance mandatory in the UAE?
Publisher
Writer
Source
https://www....62766.htmlCategory
TravelGet a Quote