In a response to Emirates Today, the Authority stated that the amounts of tolerance represent the maximum amount that the company can impose on the insured who caused the accident, the person who authorizes him to drive the vehicle, or the incidents that are recorded against an unknown person in accordance with Article 6 of Chapter 3 Liabilities of the Insured. The Insurance Authority said that the amount of the allowance can not be determined based on the model of the insured vehicle, pointing out that the mechanism adopted by the Authority in determining the value of the endurance is according to the insured vehicle value (value of the vehicle during insurance) Loss, damage and civil liability, issued by the Board of Directors Resolution No. "This action comes within the framework of enhancing traffic safety But the insurance companies can not go beyond the known limits of the amounts stated in the insurance policy. "The purpose of imposing endurance is to urge drivers to take responsibility and drive safely," said Musa Al-Shawahin, CEO of May Partners, an insurance and risk management consultancy. , And sometimes the insured may have to pay for the maintenance of the vehicle, especially for minor maintenance.įor his part, the sales manager of Fidelity Insurance Services, Adnan Elias, said that «the amounts of tolerance were clearly reflected in the insurance policy on vehicles, issued by the Insurance Authority», pointing out that «according to regulations can not insurance companies to exceed the amounts according to the value Vehicle, the amounts contained in the insurance system are the maximum ».Įlias added that "dealers who discover that the amounts of the burden imposed on them are greater than those mentioned in the document, can file a complaint with the insurance company in this regard, which will take the necessary measures to protect the rights of dealers." The trader, Mahmoud Al-Sayed, said that two types of endurance were imposed in the insurance policy: the first is up to 500 dirhams for claims within the state, and the second is AED 1,000 for accidents outside the state borders. Said Al-Jaber said that the amount of interest in the insurance policy for his car of the type Toyota Corolla 2018, 850 dirhams, pointing out that he inquired about it from the representative of the company, who explained in turn that this amount is paid only if the insurer caused the Accident or insurance claim. He added that he was surprised when reviewing the rates of endurance in the insurance policy that the company imposed on him the amount of bearing exceeds the maximum limit for vehicles within the specified specifications, pointing out that the high endurance increases the cost of maintenance of vehicles through the insurance company and the financial burden for the insured. In detail, the trader, Sharif Nakhla, said that the insurance company imposed a charge of AED 1,000 on a Nissan Altima 2018 vehicle, noting that the car was valued at AED58,000 during the purchase of the insurance policy. In turn, the Insurance Authority confirmed that the amount of the allowance can not be determined based on the model of the insured vehicle, noting that the mechanism adopted by the Authority in determining the value of the amount of the endurance is according to the value of the insured vehicle. If this happens, customers can file a complaint with the insurance company. (Reuters) - Insurance companies have raised the amount of endurance in the car document (the amount incurred by the insured party causing the accident), dealers said, pointing out that the imposition of these amounts increases the cost of maintenance of vehicles through the insurance company, as well as the financial burdens that ensue.Ĭitan Insurance said that companies can not exceed the known limits of the tolerance contained in the insurance policy.
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