Vehicle insurance costs are likely to increase quite significantly for motorists in 2017, but with additional benefits. That’s according to experts who’ve been commenting on the new minimum and maximum premiums that will be introduced in January. The tariffs will be set according to the type of vehicle you hold, in line with new regulations issued by the UAE Insurance Authority. Avinash Babur, Managing Partner of Afia Insurance Brokerage Services, tells ARN the main benefits of these new rules.
ListenHe also says the no-claims benefit system will now gain more relevance in the Emirates.