Magazine date:
Jun 2017  |
The same source has also added that 90% of these vehicles do not have “comprehensive” policies, which represents future-lost earnings for local insurers.
The magazine also points out that in the United Arab Emirates, the average premium of a motor insurance contract amounts to 3 000 AED (816 USD). This amount varies according to the model of the vehicle, its country of registration, its age but also that of the driver and his/her driving experience.