This article will show you how to buy car insurance online in Saudi Arabia.
Car insurance is a contract between a person and an insurance company in which the person agrees to pay premiums for protection against financial losses from damage or an accident to the vehicle.
This article will provide the information you need about car insurance in Saudi Arabia, also known as KSA.
The types of car insurance, the cheapest third-party car insurance, and how to buy car insurance in Saudi Arabia are all written below.
Types of Car Insurance in Saudi Arabia
There are two types of insurance in Saudi Arabia: comprehensive and third-party insurance.
#1. The Comprehensive Insurance
It is an insurance policy that covers the damage or loss to the insured vehicle because of any accidental collision or malfunction or mechanical failure caused by prolonged use of the vehicle. The insurance also includes damages that are not a direct result of an accident.
A comprehensive insurance policy is designed to cover damage to the insured car and the property of others involved in the accident. Comprehensive insurance coverage usually includes:
- Coverage for the insured vehicle
- Cost of emergency medical care
- Insurance coverage for natural disasters (Sandstorms are mostly excluded)
- Third-party liability
- Incidents of theft/fire
- Transportation costs to car repair workshops
The insurance policy may include additional options, such as providing a temporary car. At the same time, the vehicle is being fixed, repairing the vehicle at the repair workshop of the official dealership, and expanding the geographical coverage of the policy to include other countries.
#2. The Third-Party Insurance, Also Known as the Compulsory Insurance
Third-party insurance is a mandatory insurance policy stipulated by the traffic regulations in the Kingdom of Saudi Arabia and other countries around the globe.
Under this insurance policy, the owner of the car insurance policy is covered against any damage caused by the car owners to other drivers, their vehicles, and their property. The damage caused to others in car accidents is covered 100 percent by this policy.
The purpose of third-party insurance is to protect the insured person from financial liabilities incurred due to damage caused to third parties, whether from vehicle use or while the car is stationary in Saudi Arabia.
As such, the insurance company is obliged to indemnify third parties in line with the conditions stated in the policy for all amounts that the insured owner or the Driver is expected to pay to such parties. It includes:
- Damage caused to third parties outside and inside the vehicle
- Physical damage outside the car
How to Buy Car Insurance Online in Saudi Arabia
#1. Determine the Amount of Coverage you Need
When shopping for the best car insurance online, people should start by evaluating their coverage needs.
The coverage that will best suit depends on multiple factors, including the vehicle’s value, how much the person can afford to spend on out-of-pocket expenses, and what the person wants to be covered.
Drivers looking for the cheapest policy option should find their state’s minimum insurance requirement, the lowest amount of coverage needed to drive legally.
While the minimum coverage policy is the cheapest option, it may not be the best option for the Driver’s needs.
The drivers might want to strike a balance between having affordable costs and sufficient coverage.
Drivers switching from an existing policy should identify features and coverages from their existing car insurance policy they’d like to carry over to their new insurer.
The Driver can find a summary of their existing auto insurance coverage on the declaration page with their policy.
#2. The Driver Should Prepare the Necessary Information to Receive a Quote.
After the drivers are familiar with their existing policy or what kind of policy they would like, they can search for quotes online.
The process is easy, as most insurers have online forms to fill out to get a free quote.
Many insurers allow people to buy insurance online without going through an agent. The information they might need to get a quote includes:
- Social Security number
- Driver’s license number
- Your car’s year, make, and model
- Current mileage
- The date you want your coverage to begin
- Previous violations or accidents
- Previous insurer
- Current policy end date
- Personal information for other drivers on the policy
- Vehicle identification number (VIN)
- Anti-theft features
#3. Get Multiple Online Quotes
To receive the cheapest car insurance quote online for their driving profile, drivers should ideally compare quotes from at least three insurance companies.
While cost is important to factor in when shopping for car insurance, drivers should also compare coverage options and the quality of customer service.
Most insurers offer a wide range of discounts for car insurance. These range from discounts for completing a defensive driving course accident-free or anti-theft devices, and these discounts can stack up and make policies substantially cheaper.
Once you pick the most suitable company for you, sign up online and start your policy.
10 Cheap Third-Party Car Insurances in Saudi Arabia
- Bajaj Allianz car insurance
- Digit car insurance
- Oriental Car Insurance
- National Car Insurance
- New India Assurance Car Insurance
- Bharti AXA Car Insurance
- Cholamandalam MS Car Insurance
- Royal Sundaram Car Insurance
- Raheja QBE Car Insurance
- Shriram Car Insurance
Can you Buy Car Insurance Completely Online?
Yes, car insurance can be bought online as well as offline
How Much Does Car Insurance Cost in Saudi Arabia?
Comprehensive liability starts at around SR 2,5OO, and third-party liability is around SR 800
How Can I Pay my Car Insurance Online?
You can pay online by logging into your SADAD service, clicking on the agency you want, and paying the subscription
Can I Download the Insurance Policy Online?
Yes, you can download your insurance policy online
How Do I Pay for my New Car Insurance?
- Visit your insurance website and fill in the details, including your mobile number, email, and car registration number
- Input in the policy details and the add-on to the cover you want to opt for
- Pay the premium amount via online payment
How Do you Get Car Insurance?
You can get your car insurance by looking for a company that allows you to purchase a policy online, gather information to get your car insurance quote, research the coverage levels that is okay for you, compare quotes from the different insurance company and pay your premium
What are TPL and Comprehensive Insurance?
TPL, also known as third-party insurance, is insurance that protects the insured person from financial liabilities incurred due to damage caused to third parties, whether arising from the use of the vehicle or while the car is stationary in Saudi Arabia.
Comprehensive insurance covers the damage or loss to the insured vehicle because of any accidental collision, malfunction, or mechanical failure caused by prolonged vehicle use.
Does Saudi Arabia Have Car Insurance?
Yes, Saudi Arabia has car insurance
How Can I Check my Car Insurance in Saudi Arabia?
Click on an e-service website, then tap on the “know your vehicle details” you will be told to enter your vehicle registration number, and it will show you all the details about your vehicle insurance.
What is GCC Cover?
GCC is an intergovernmental political and economic union consisting of Kuwait, Bahrain, Oman, Qatar, Saudi Arabia, and UAE. The council was formed based on the collective needs of all member countries.
The GCC member countries produce cars with certain spec, and most insurance companies in UAE refuse to sell cars that5 are not GCC-compliant because they consider them risky.
Watch the video below to know how to buy car insurance online in Saudi Arabia: