Concern is growing among motorists that the used car market might soon have an influx of owners trying to get rid of flood-damaged cars.
Many fear that, because insurance companies are unlikely to cover the cost of flood-related repairs if the owner doesn’t have a comprehensive policy, dishonest sellers will try to dump problem cars into the hands of others.
The minimum legal requirement for car insurance in the UAE is that you have a third-party policy, which covers damage caused to others, including their cars or property.
Such policies do not cover the policyholder’s own vehicle if you…
