UAE – Calls to decrease the insurance prices of sports cars
Saturday, 12 19 2015, Category: Insurance and Reinsurance, Country: U.A.E
Sports cars owners in Ras Al Khaimah made calls to decrease the insurance prices imposed on vehicles especially given that some cars are rather old.
A car owner clarified that insurance prices in this Emirate are excessive reportedly because the youths drive such cars which have higher exposures to accidents and usually need more expensive spare parts.
He mentioned that the third party insurance price exceeds AED 1000 as a minimum, which represents an additional financial burden on car owners despite the fact that sometimes old modes of this car are used.
Source: Al Roeya - UAE