Type of Coverages
Comprehensive - Specified Risks, Compreshensive All Risks, Third Party fire and Theft and Third Party only. Personal Accident Benefits (unnamed Driver and Passengers – Optional covers)
Coverage Details:
(1) Damage to Vehicles:
the reasonable cost of repair, or
the reasonable market value of the vehicle at the time of loss; or
The Estimate of Value as stated in the Policy.
whichever is the least
(2) Liability to Third Parties:
In respect of Bodily Injury - SR. 5,000,000 any one claim
In respect of Property Damage- SR. 5,000,000 any one claim
(3) Towing Charges - SR. 1,000 or 500 or 250
(4) Medical Expenses - SR. 1,000 any one accident
(5) Personal Accident/Medical Benefits- ( SR. 100,000 any one Driver/Passenger)
(6) Agency Repair - In case of Agency repair the rates are higher and deductibles are also higher.
(7) Geographical Extenstion – People want to go to Egypt, Bahrain, UAE, Kuwait,Qatar, Jodran, Yemen etc. It can be done to the own damage section fot the coverage.
Authorised Driver: Any person driving on Insured's order or with their permission.
Deductible: Varies from SR. 250 to SR. 2500.
Vehicles Insured:
Commercial and Private with mild variations. There are also coverage for special type of vehicles
Important:
1) The values indicated must represent reasonable market price to ensure satisfactory settlement of claims. Under insurance could result in the vehicle being treated as a constructive total loss even where the claim is relatively small.
2) Under most of the policies legal liability of the passenger is covered under the policy upto a certain limit of passengers.
3) In case of cancellation you need to demand pro-rata refund in case you are leaving the Kingdom.
4) Normally get the quotes from atleast 2-3 reputed Insurers over the telephone or email.
5) Do not handover your keys to any person who is not reliable.
6) After accident Protect your vehicle to safety. Subsequent losses are not covered under the insurance coverage.
7) Deal with professional companies.
Coverage Details:
(1) Damage to Vehicles:
the reasonable cost of repair, or
the reasonable market value of the vehicle at the time of loss; or
The Estimate of Value as stated in the Policy.
whichever is the least
(2) Liability to Third Parties:
In respect of Bodily Injury - SR. 5,000,000 any one claim
In respect of Property Damage- SR. 5,000,000 any one claim
(3) Towing Charges - SR. 1,000 or 500 or 250
(4) Medical Expenses - SR. 1,000 any one accident
(5) Personal Accident/Medical Benefits- ( SR. 100,000 any one Driver/Passenger)
(6) Agency Repair - In case of Agency repair the rates are higher and deductibles are also higher.
(7) Geographical Extenstion – People want to go to Egypt, Bahrain, UAE, Kuwait,Qatar, Jodran, Yemen etc. It can be done to the own damage section fot the coverage.
Authorised Driver: Any person driving on Insured's order or with their permission.
Deductible: Varies from SR. 250 to SR. 2500.
Vehicles Insured:
Commercial and Private with mild variations. There are also coverage for special type of vehicles
Important:
1) The values indicated must represent reasonable market price to ensure satisfactory settlement of claims. Under insurance could result in the vehicle being treated as a constructive total loss even where the claim is relatively small.
2) Under most of the policies legal liability of the passenger is covered under the policy upto a certain limit of passengers.
3) In case of cancellation you need to demand pro-rata refund in case you are leaving the Kingdom.
4) Normally get the quotes from atleast 2-3 reputed Insurers over the telephone or email.
5) Do not handover your keys to any person who is not reliable.
6) After accident Protect your vehicle to safety. Subsequent losses are not covered under the insurance coverage.
7) Deal with professional companies.
