Adel Al-Issa, the media spokesman for the insurance sector in Saudi Arabia, confirmed the correctness of what was recently said regarding the right of someone who bought a car with rent-to-own ownership from banks or finance companies to claim the value of the excess amounts of insurance premiums paid to the lessor at the end of the contractual relationship, for all years. In which he is entitled to deductions due to the insurance record related to the commission of traffic accidents.
The amounts of the excess installments are owed to the owners of rental cars ending with ownership
