Saudi Arabia – 90% of insureds got motor discounts
Monday, 08 07 2017, Category: Insurance and Reinsurance, Country: Saudi Arabia
Mr. Adel Al Issa, spokesperson of insurance companies said that the exceptional campaign that compelled insurance companies to implement the instructions of the Saudi Arabian Monetary Authority starting August 1st contributed to the increase in the number of insureds who obtained discounts whether in comprehensive insurance or compulsory insurance for persons who did not have previously insurance or new owners of vehicles.
The spokesperson clarified that the percentage number of insureds who benefitted from discounts reached 90% compared to 15% in the previous day (31 July) according to statistics of insurance contracts. This confirms the success of the campaign.
Moreover, Mr. Al Issa said that the exceptional campaign launched in the beginning of the current month of August and which will last until the end of year 2017 offers safe drivers discounts that can reach 15%.
Source: Al Weeam Newspaper