Question:
How to Calculate Premium of New Vehicle?
Answer
In the UAE, the cost of insuring a new car is influenced by various factors. When calculating your premium, insurance companies take into account details about both the vehicle and the driver.
The main points to keep in mind are:
- Car Make, Model, and Year
- Vehicle Value & age of the vehicle
- Type of Coverage and Add-ons
- Age and Driving Experience
- Driving Record and claims history
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