UIS Unlimited Insurance Services’ Post

I had the pleasure to be interviewed with with Abu Dhabi TV Al Zafra: 1.Tell us about the responsibilities of the driver and the insurance company in minor accidents? The vehicle owner must follow specific legal procedures when an accident occurs. This adherence is crucial to ensure both the protection of the driver's rights and the insurance company's interests. Insurance companies have set processes to protect themselves and the insured. 2. Does insurance refuse to pay during accidents in cases such as moving the car from the scene of the accident in minor accidents? if an accident obstructs traffic, the law permits moving the vehicle to a safe location. However, doing so may complicate the accident investigation, as physical evidence is critical in determining responsibility. it will be difficult for experts to assign responsibility. 3. Is it sufficient to prove to the insurance companies who is affected and who is responsible? Or there’s other procedures required by the insurance company? While reports and dialogues help determine fault, additional protective measures are often required. Insurance companies take precautions to avoid manipulation of evidence. The law ensures fair treatment for all parties. 4.What are the cases that allow insurance companies to recover accident compensation? When multiple insurance companies are involved, the responsible party's insurer is liable to cover the damages. This is referred to as rehabilitation, where insurers resolve claims based on contractual agreements and liability. 5. What is the solution if the driver's license expires and the car insurance continues and an accident occurs, how is this matter dealt with? Drivers must keep their licenses valid. Authorities issue reminders about expiration and fines are imposed for delays (10 dirhams per day). In cases of accidents with an expired license, the situation is reviewed to find a fair resolution, considering the reason behind the non-renewal. 6. How is intentional accident proven by the insurance company, which is one of the cases that the insurance company is not obliged to compensate for? Insurance companies use technology and regulatory support to investigate and detect fraudulent claims. Proven intentional accidents are not covered, and companies rely on accumulated market experience to handle these cases efficiently. https://lnkd.in/dB4AMzPE #insurance #accident #drivinglicense #marketexperience #alzafra #abudhabitv #liability #accidents #car #traffic #investigation #responsibility #driver #insurancecompany #law #authority

31 July, 2024 Daily Market Report Mandatory third-party motor vehicle insurance is set to be implemented by 2025 Cambodia plans to introduce compulsory third-party motor insurance by 2025 to enhance road safety and ensure that victims of road accidents receive appropriate compensation. This policy will mandate all vehicle owners to have third-party liability coverage, aligning with the existing Insurance Law of Cambodia. To Read More Reports: https://lnkd.in/gKRxSSvZ #YuantaSecurities #DailyMarketReport #CambodiaCapitalMarket

Understanding Motor Insurance in the UAE: What You Need to Know Navigating the world of motor insurance can be complex, especially in a dynamic market like the UAE. Whether you're a resident or a visitor, understanding the ins and outs of motor insurance is crucial for ensuring compliance and peace of mind on the road. 1. Legal Requirements: In the UAE, motor insurance is mandatory for all vehicle owners. The law requires that every car on the road must have at least a third-party liability insurance policy. This basic coverage protects against damages caused to other people and their property, but it doesn’t cover damage to your own vehicle. 2. Types of Motor Insurance: Third-Party Liability: The minimum legal requirement. Covers damages and injuries caused to others but excludes your own vehicle’s damage. Comprehensive Insurance: Offers extensive coverage, including damage to your own vehicle, theft, and natural disasters. It also often includes roadside assistance and rental car coverage. 3. Factors Influencing Premiums: Several factors can affect the cost of your motor insurance premium in the UAE, including: Vehicle Type and Age: Newer and more expensive vehicles generally cost more to insure. Driver’s Age and Experience: Younger and less experienced drivers may face higher premiums. Claim History: A clean claim history can help in obtaining lower premiums. 4. Benefits of Comprehensive Coverage: Opting for comprehensive insurance provides peace of mind with broader protection. This type of policy covers: Accidental damage Theft Natural calamities Vandalism 5. Choosing the Right Policy: Selecting the right policy involves assessing your individual needs and vehicle use. Consider factors such as the vehicle’s value, your driving habits, and your budget. Comparing different policies and insurers can also help you find the best coverage at competitive rates. 6. Claim Process: In the event of an accident, it’s important to follow the correct procedure for filing a claim. Document the incident thoroughly, report it to the police, and notify your insurer promptly. Understanding your policy’s claim process can expedite the resolution. Motor insurance is not just a legal requirement but a vital part of responsible vehicle ownership. By understanding the various types of coverage and what influences your premiums, you can make informed decisions that best suit your needs and protect you on the road. Stay informed and drive safely! #MotorInsurance #UAE #VehicleCoverage #InsuranceTips #DrivingInTheUAE #Insurance #motor

How colour affects car insurance in South Africa

Compulsory third-party vehicle insurance coming to Cambodia in 2025! In a country where road accidents are a leading cause of death and injury, the introduction of compulsory third-party vehicle insurance can’t come too soon. With an average of 5.4 lives lost daily in 2019 and 80% of accidents involving motorbikes, this new law aims to make Cambodia's roads safer. Don't wait—ensure you have the right coverage now. Whether it's third-party or fully comprehensive insurance, protect yourself and others on the road. Contact us today for peace of mind! Dive into the blog here via the link below. Get in touch today: info@infinitysolutions.com #cambodia #insurance #roadsafety #expats #motorbikeinsurance #carinsurance #vehicleinsurance #thirdpartyinsurance

Motor Vehicle Insurance in the Philippines: Essential Coverage and Best Practices Introduction Motor vehicle insurance is a crucial aspect of owning and operating a vehicle in the Philippines. It not only provides financial protection in the event of accidents, theft, or damage, but it is also a legal requirement for all motor vehicle owners. In a country where road traffic incidents are a common occurrence, understanding the essential coverages of motor vehicle insurance and adhering to best practices can save car owners from significant liabilities and ensure peace of mind. Understanding Motor Vehicle Insurance Motor vehicle insurance in the Philippines is primarily regulated by the Insurance Commission under the Insurance Code of the Philippines. The law mandates ... Read more https://lnkd.in/gYWUZ9Qf #Coverage #Essential #Insurance #Motor #Philippines #Practices #Vehicle

There are only two types of car insurance that matter in the UAE. These are Third-Party Liability and Comprehensive Insurance. Their premiums depend on several criteria, including: • The car model and make, and the year it was issued • The driver’s age and experience • If the car (or driver) has ever filed a claim before #insuredoo #insurance #carinsurance #car #uae #dubai

🚗 Vehicle insurance in the UAE: how to choose. Vehicle insurance is a necessary document to ensure the safety of your car or other vehicle. There are two types of insurance policies in the UAE: third-party liability insurance or comprehensive car cover. However, each has its own characteristics, even when paying for full coverage. Remember that having insurance is mandatory for registering a vehicle in the UAE. It may also come in handy if you get into an accident or encounter other unforeseen situations. 🔗Contact us and find the right solution for your vehicle! +971 56 120 01 01 ip@hafsgroup.com https://hafsgroup.com/ H A F S Corporate Services Provider Co. #Dubai #UAE #cars #vehicle #insurance #hafsgroup

It’s not just a thumb-suck, there are seven key factors that count towards your monthly car insurance premium in South Africa  ⤵️ #Featured #SouthAfrica #Important #InsuranceCoverSouthAfrica #CarInsurance

Compulsory third-party vehicle insurance coming to Cambodia in 2025! In a country where road accidents are a leading cause of death and injury, the introduction of compulsory third-party vehicle insurance can’t come too soon. With an average of 5.4 lives lost daily in 2019 and 80% of accidents involving motorbikes, this new law aims to make Cambodia's roads safer. Don't wait—ensure you have the right coverage now. Whether it's third-party or fully comprehensive insurance, protect yourself and others on the road. Contact us today for peace of mind at info@infinitysolutions.com Dive into the blog via the link below. #cambodia #insurance #roadsafety #expats #motorbikeinsurance #carinsurance #vehicleinsurance #thirdpartyinsurance