UAE – Replacement car for 10 days after an accident
Monday, 09 26 2016, Category: Insurance and Reinsurance, Country: U.A.E
An informed source in the insurance sector revealed that the “improvements which were introduced in the review of the two unified motor insurance companies include securing a replacement car to the insured if his car is damaged in an accident provided the replacement car is similar to the one he owns given that the cost does not exceed AED 300 on a daily basis within a maximum period of 10 days”.
The same source who chose to remain anonymous told “Emarat Alyoum” that this “article was introduced in the two draft insurance policies covering theft, damage and third party liability provided that the insurance company insuring the at fault party will provide the replacement car to the third party”.
Source: Emarat Alyoum