do you know how much insurance
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Is for supercars?

Do you know how much insurance

Egypt Today, egypt today

Egypt Today, egypt today Do you know how much insurance

Dubai International Motor Show 2017
Dubai - Egypt Today

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.

egypttoday
egypttoday

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 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

GMT 11:41 2017 Thursday ,02 March

Public health awareness campaign launched

GMT 16:53 2017 Thursday ,20 April

Meziane Meryan ruled out leaking of coming exams

GMT 11:52 2011 Friday ,11 November

Mar Gerges church is a unique architectural design

GMT 15:01 2018 Thursday ,11 October

"Egyptian police" release son of jailed ex-president

GMT 14:46 2011 Sunday ,23 October

Emirates Airbus A380 makes emergency landing

GMT 00:45 2017 Monday ,13 March

Dubai Street Museum project draws arts students

GMT 08:49 2011 Friday ,10 June

Cancer girl\'s wish list is Internet hit

GMT 10:22 2018 Tuesday ,09 January

US runner-up snubbed for Olympics

GMT 18:09 2011 Wednesday ,16 November

Rare wild cats photographed in Indonesia forest

GMT 18:43 2017 Thursday ,28 December

Al-Sukait Tackles Investors’ Contribution

GMT 14:04 2017 Tuesday ,19 December

German businesses end 2017 in party mood

GMT 06:48 2013 Tuesday ,29 October

Egypt probes complaint into Bassem Youssef

GMT 06:47 2017 Saturday ,22 July

Egypt-Press-Headlines

GMT 12:11 2012 Thursday ,25 October

Egyptian women launch \'Catch a Harasser\' day

GMT 12:59 2018 Friday ,12 October

Palestinian prisoner dies in Israeli jails

GMT 15:52 2018 Wednesday ,03 October

PEX report: Stock market index continues uptrend

GMT 14:51 2011 Tuesday ,06 December

Blackheath burnt car victim \'tried to rape\' accused

GMT 20:39 2011 Tuesday ,09 August

Sensex closes below 17,000 level

GMT 06:46 2011 Sunday ,03 July

Ex-Iceland PM:He saved economy
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today 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 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday