Egypt – EGP 12 monthly ins. premium on electronic cars
Monday, 05 27 2019, Category: Insurance and Reinsurance, Country: Egypt
The Egyptian Financial Regulatory Authority determined the compulsory insurance prices of electronic vehicles for the first time in Egypt. Moreover, it determined the motor insurance prices of hybrid cars that work on both electricity and fuel in order to help their registrations at the traffic authority. The monthly premium of electronic cars will reach EGP 12 and EGP 120 on an annual basis only.