Why are vehicle insurance rates increasing for women? Find out the reason on Al-Marsad newspaper

2023-10-03 16:54:46

Al-Marsad newspaper: The Chairman of the Executive Committee of Insurance and Reinsurance Brokers, Abdulaziz Al-Ghurimil, revealed the reason for the increase in vehicle insurance for women.

Al-Grimmel said, in his interview with Al-Ekhbariya: “As for the woman, we do not have a record of her, and therefore there is fear as an insurance company.”

He added: “Insurance companies calculate prices and errors from time to time, so for women we do not have a record, and after a while insurance companies will be formed and built on its basis.”

It is worth noting that the General Traffic Department began automatically monitoring the violation of not having valid vehicle insurance, and set the value of the violation fine at a minimum of 100 riyals and a maximum of 150 riyals.

The Traffic Department revealed the mechanism for monitoring violations, which will be once every 15 days in the absence of insurance.

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