do you know how much insurance
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Is for supercars?

Do you know how much insurance

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Do you know how much insurance

Dubai International Motor Show 2017
Dubai - Emirates Voice

Visitors lusting after the supercars featured at Dubai International Motor Show 2017 may well be planning out their dream garages, but supercar insurance doesn't come cheap in the UAE.

Fully-comprehensive cover for the Ferrari 458, for example, costs an average of Dh10,433, according to an analysis from yallacompare. Meanwhile, fully-comprehensive insurance for the Mercedes-Benz G63 AMG, one of the UAE's favourite super-SUVs, will set buyers back an average of Dh10,225 if agency repair is selected as an add-on.

Predictably, convertible supercars are even more expensive to insure. With agency repair, fully-comprehensive insurance for the Maserati GranCabrio comes in at an average of Dh19,095, the Ferrari California costs an average of Dh20,010.

However, while these numbers are large in absolute terms, there is an argument to be made that supercar insurance in the UAE is reasonably priced - given how much these vehicles are worth.

"With older vehicles - particularly SUVs - premiums for fully comprehensive policies can cost much more relative to the value of the car. You could be paying up to 10 per cent of the car's value to comprehensively insure your 2008 Mitsubishi Pajero. However, insurance for supercars is sold at anywhere between 0.5 to three per cent of the car's worth - so, in one sense, supercar insurance is actually quite good value," said Jonathan Rawling, CFO of yallacompare.

Indeed, to cover a Dh1.3 million Bentley Bentayga in the UAE, quotes are available from yallacompare starting at Dh8,474. This amounts to just 0.65 per cent of the car's value. Fully-comprehensive cover for the Dh1.1 million Bentley Continental GT isn't quite as attractive, coming in at 0.87 per cent of the car's value - or Dh9,520. The Lamborghini Aventador, meanwhile, can be comprehensively insured for Dh14,404, just 0.96 per cent of the car's Dh1.5 million selling price.

However, third-party insurance for supercars is, in general, no more expensive than third-party insurance for normal cars. Whether you're insuring a Bentley, Lamborghini, Ferrari or Maserati, third-party cover costs anywhere between Dh1,303 and Dh1,915.

GMT 11:22 2017 Monday ,18 December

A soft-edged luxury brand that makes

GMT 08:48 2017 Monday ,11 December

Hyundai IONIQ reigns supreme

GMT 08:37 2017 Sunday ,10 December

First flight of Falcon Heavy rocket

GMT 10:34 2017 Saturday ,09 December

Tesla takes dune bashing test in Dubai

GMT 09:20 2017 Tuesday ,28 November

Bentley showcases Mulliner collection
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

do you know how much insurance do you know how much insurance

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

do you know how much insurance do you know how much insurance

 



GMT 10:08 2018 Wednesday ,24 January

Microsoft to open 4 data centres

GMT 11:03 2018 Tuesday ,23 January

No end to eyesores at Taj Mahal

GMT 10:18 2018 Thursday ,30 August

Iran incapable of closing Hormuz, Bab Al Mandeb

GMT 17:39 2017 Saturday ,30 September

Executive authority’s structure and powers

GMT 11:05 2016 Wednesday ,20 July

France says no terror plot

GMT 14:57 2011 Tuesday ,21 June

Capital Club to host leading Emirati filmmaker

GMT 19:40 2017 Wednesday ,17 May

Actress Wafaa Amer says her works present new

GMT 13:59 2017 Sunday ,15 October

The most important new resorts in the UAE

GMT 20:44 2017 Tuesday ,07 November

Here's how UAE teachers can get a free trip to US

GMT 11:20 2015 Wednesday ,02 December

Chris Brown cancels Australia, New Zealand tour

GMT 10:33 2014 Thursday ,25 September

Lubna discusses ways to enhance partnership

GMT 02:34 2014 Sunday ,26 January

\'Girl Meets World\' gets full-season order

GMT 16:34 2011 Tuesday ,12 July

Jail warning to save Philippine geckos

GMT 12:36 2011 Wednesday ,13 July

Japan to hunt whales despite Sea Shepherd

GMT 13:09 2013 Saturday ,09 November

7 ways to have better memory, remember everything

GMT 09:43 2017 Thursday ,12 January

More than 50 dead in Yemen fighting in two days

GMT 04:53 2016 Friday ,09 September

At least 8 injured as blast hits Pakistan's Peshawar

GMT 21:26 2016 Thursday ,14 July

IOF open fire on Palestinian, Shuafat

GMT 16:04 2015 Saturday ,23 May

Gigi Hadid stuns at gala
Emiratesvoice, emirates voice
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice