Does your car insurance cover flood damages?
Insurance companies in the UAE are refusing to cover damage to vehicles caused by the heavy rainfall of the last few days, according to reports.
Insurance firms have dismissed claims on the grounds that the policyholder standard imposed by the UAE Ministry of Economy does not cover natural disasters, including the widespread flooding which has afflicted the Emirates this week, reported Arabic daily Emarat Al Youm. link
So friends, be sure to check your car insurance papers (all the fine prints), to ensure that the policy takes into consideration such calamities. If the UAE is flooding today, Kuwait is not far.
So protect your pretty vehicles.
