Car Insurance Ksa
Under third party liability insurance the insured is covered against any third party bodily injury caused to the third party inside or outside the vehicle and material damage to the outside of the third party vehicle.
Car insurance ksa. For a long time saudi arabia was in need of an online car insurance calculator which can get you cheapest quotes for a third party or comprehensive car insurance and finally it has been launched and fully operational. Raeed al tamimi chairman of the general committee for insurance companies and ceo of the company for cooperative insurance tawuniya has confirmed that during the last 5 years the number of saudi nationals working in the kingdoms insurance sector has increased by 44 from 3962 workers in 2011 to 5706 workers in 2015. According to arab news 19 people die daily in saudi arabia due to a road accidentit means 1 out of every 86 persons die in saudi arabia every 5 years due to road accidents in saudi arabia. News related to expatriates jobs real estate insurance banking and more.
Other major causes are illegal u turn and reckless behavior. There are two types of car insurance in saudi arabia. 500000000 8641 nasr ibn sayyar al wizarat dist. Without it you arent able to register your vehicle.
When it comes to taking out a car insurance policy in saudi arabia what should you look out for. You cant drive and have a car in saudi arabia without car insurance. We take pride in introducing ourselves as one of the leading insurance and. Car insurance calculator saudi arabia.
These both are the major causes of an accident anywhere as per the pareto rule 8020. Riyadh 12622 3756 po box 753 riyadh 11421 saudi arabia tel. Plus if youre involved in an accident without insurance then you can expect to fork out a lot of money for the damage. Saudi arabia traffic control department has put a lot of cameras to control red signal and overspeeding.
Axa cooperative insurance company is a saudi joint stock company with a paid up capital of sr. Compare quotes and purchase comprehensive car insurance policy in 3 steps. Tameeni offers comprehensive vehicle insurance policy from leading insurance providers in less than 5 mins. If you are driving a car without car insurance you are actually putting yourself at high risk.
This is mandatory covered by required in ksa. And keep yourself updated.