UAE: Weather-related insurance introduced in motor segment
Source: Middle East Insurance Review | Mar 2018
Two new motor insurance policies have been rolled out that will cover damages resulting from precipitation or weather conditions, including fog, said Mr Ramez Abou Zaid, Chairman of the legal and automobile departments at the Emirates Insurance Association.
The first policy relates to third parties, while the second to civil liability, loss of car or damage incurred, according to Khaleej Times.
Mr Abou Zaid said accident reports furnished by the parties involved in a weather-related event will be handled in line with usual procedures. Damages suffered would be specified in the report.
The police authorities will also issue a report for each damaged vehicle, and the report must be submitted to the insurer along with other documents. These include a scanned copy of the Emirates ID, driving licence, car ownership and registration documents so that the insurer can process the claim.
As to whether the insurance will cover fog or rain-related damages, Mr Abou Zaid said: “All such incidents will be covered by the insurance policies according to the geographical area mentioned therein.” M