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It covers medical costs directly related to the accident as well as personal injuries sustained by the driver and passengers in an accident involving the insured vehicle
Motor insurance is a one-of-a-kind form of insurance designed to safeguard vehicle owners against financial losses resulting from vehicle theft or damage.You can buy motor insurance whether you drive a private car, a business vehicle, or a two-wheeler.
Market for auto insurance in Saudi Arabia.Distribution Channel (Direct, Agency, Banks, and Other) and Type (Comprehensive, Third-party Liability) are the two categories that divide the market.
The Saudi Arabia Motor Insurance market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
RSA Center East, a main supplier of general protection administrations in the district, has gone into a 5-year conveyance concurrence with Emirates NBD, a main financial gathering in the Center East, North Africa, and Turkey (MENAT) locale, to give elite general protection arrangements.
Policybazaar.ae, Saudi Arabia’s one-stop marketplace for online insurance and financial products, has announced a strategic partnership with Cars24, a well-known e-commerce platform for pre-owned vehicles focused on automobiles.
An end-to-end digital insurance purchase and issuance process that provides customers with convenience and transparency is the first of its kind and will revolutionize the customer experience.
