Insurance cost of Bentley Eight
Discussion
http://dubai.dubizzle.com/motors/used-cars/bentley...
66,000AED - what would the insurance cost be? Do the Gulf states offer 10% of price paid, or 10% of original new value?
Could be cheap or extremely expensive.
66,000AED - what would the insurance cost be? Do the Gulf states offer 10% of price paid, or 10% of original new value?
Could be cheap or extremely expensive.
I'm not 100% sure on this, but I believe anything over 10 years old = third party insurance only.
I doubt it will be that much to insure purely because (unlike Europe) it's done on car value rather than the make of the car itself.
-I might be wrong on this... Sure someone will clarify soon.
I doubt it will be that much to insure purely because (unlike Europe) it's done on car value rather than the make of the car itself.
-I might be wrong on this... Sure someone will clarify soon.
Whether or not you can get fully comprehensive insurance depends on the insurer.
RSA are only giving fully comp on vehicle up to 7 years old.... my 2005 Cayenne Turbo (value 69,000 aed) the premium was 1,327aed for the year.
AIG apparently will give fully comp on all vehicles, am investigating that currently.
As I guide, when my Corvette (valued 90,000aed) was insured fully comp with RSA the premium was around 2,600 aed.
My boss has all his cars with AXA, they work the premium based on 3.5% of the value of the car.
RSA are only giving fully comp on vehicle up to 7 years old.... my 2005 Cayenne Turbo (value 69,000 aed) the premium was 1,327aed for the year.
AIG apparently will give fully comp on all vehicles, am investigating that currently.
As I guide, when my Corvette (valued 90,000aed) was insured fully comp with RSA the premium was around 2,600 aed.
My boss has all his cars with AXA, they work the premium based on 3.5% of the value of the car.
AIG Private Client Group will insure older cars Fully comp.
John Waldron
AIG
Private Client Group Underwriter
American Home Assurance Company | AIG Property Casualty
5th Floor, JW Marriott Office Block A, P O Box 40569, Dubai - UAE
Tel +971 4 214 3475 | Direct +971 4 214 3471 | Mobile +971 56 681 0610
john.waldron@aig.com | www.aig.com
John Waldron
AIG
Private Client Group Underwriter
American Home Assurance Company | AIG Property Casualty
5th Floor, JW Marriott Office Block A, P O Box 40569, Dubai - UAE
Tel +971 4 214 3475 | Direct +971 4 214 3471 | Mobile +971 56 681 0610
john.waldron@aig.com | www.aig.com
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