UAE – Insurers delay vehicle repair procedures
Saturday, 09 19 2015, Category: Insurance and Reinsurance, Country: U.A.E
Insurance companies are delaying procedures of car agencies and car owners and do not settle the full amounts of maintenance and repair operations.
Mr. Fahd Abdallah of the Futtaim motor company in Ajman said that the relationship between insurance companies and customers because of the absence of a regulator who can intervene in case they do not fulfill their duties toward the motor insured customer.
He clarified that there are customers who finance their cars from specialized agencies but insure their vehicles outside these agencies searching for lower prices. But afterwards they are surprised by the delays of those insurers and the non-settlement of due amounts.
Source: Al Roeya