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 09:58 2016 Wednesday ,23 March

cartoon four

GMT 10:16 2016 Wednesday ,23 March

cartoon five

GMT 10:18 2016 Wednesday ,23 March

cartoon eight

GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 16:17 2018 Thursday ,30 August

Five Saudi women pilots granted GACA licences

GMT 09:43 2018 Wednesday ,17 January

Populists target vaccine decree

GMT 12:11 2011 Thursday ,15 September

China\'s top bank makes foray into India

GMT 07:08 2017 Monday ,13 February

French Ligue 1 standings

GMT 15:08 2014 Monday ,24 March

At least 7 killed in Iraq\'s violence

GMT 14:00 2011 Sunday ,05 June

The Directory: Your guide to male fashion

GMT 06:18 2015 Monday ,14 September

The S Class Cabriolet luxury setting

GMT 05:40 2015 Thursday ,08 October

Hubris puts Iran in danger

GMT 06:52 2018 Monday ,15 January

Bitcoin fever hits US real estate market

GMT 18:09 2017 Tuesday ,26 September

Abu Dhabi Prince launch AED 500 mn Mars Science City

GMT 19:08 2015 Sunday ,02 August

5 things to do at work every day

GMT 07:39 2017 Thursday ,24 August

27 civilians killed in US-led raids in Syria's Raqa

GMT 12:40 2017 Saturday ,13 May

Actress Maha Ahmed reveals her roles in Ramadan

GMT 13:27 2016 Friday ,11 November

Climate change affects
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 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

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