Car insurance covers the expenses in the occurrence of traffic collisions that cause vehicular damage or injuries to other drivers, passengers, and pedestrians, among others.
In 2016, 13.1 percent of Filipino drivers in the UAE made a claim on their insurance policies, making them the riskiest drivers in the country, according to a new study conducted by yallacompare, a Middle East comparison site.
“Our online car insurance comparison platform requires users to provide personal details, as well as indicate whether they’ve made a claim on a previous insurance policy, before they are served a selection of quotes to choose from. We can use this data to identify accurate insurance trends among the different demographics of the UAE,” said Jonathan Rawling, CFO of yallacompare.
UAE residents from France on the other hand are the safest drivers in the country, with 94.4 percent of them having made no claims in the past 12 months.
Check out our #infographic for more stats on the #UAE’s safest drivers! pic.twitter.com/hX3D5808Gj
— yallacompare (@yallacompare) September 10, 2017
Owners of cars worth between Dh50,000 to Dh100,000 are considered the riskiest drivers, with 11.3 percent of these drivers having made a claim on their insurance in the past year. Those who own cars worth Dh400,000 to Dh500,000 are the safest drivers according to the study, with just 6.5 percent of them having made a claim in the last 12 months.
The site’s analysis reveals that UAE residents prefer to pay for better coverage than opting for the cheapest comprehensive policy available to them. Overall, almost 85% of UAE residents do not choose the cheapest option.
“What we’ve found is that, for the most part, UAE residents see the value in additional protection beyond the coverage provided by the most basic insurance policies,” Rawling added.
Source: yallacompare.com
