If you buy a new or used car, you will find that you need to insure it, which is one of the basic issues and additional costs that can burden you after buying the car, so today we will review for you the cheapest car insurance in the Kingdom to save some money. money for the time of need or invest it in buying other things to improve the experience. Your leadership.
Cheapest Car Insurance Against Others
This type of car insurance is also called third party insurance, which is the insurance company that compensates the other party in case of any damage to their cars derived from a traffic accident with the insured in their car, knowing that This type of car insurance does not carry a company. Insurance is the burden of compensation for the insurance owner himself, and here is the cheapest auto insurance against others:
- The lowest price for third-party insurance is 420 Saudi Riyals per year, and it is available for Lexus sedans from Arabian Shield Insurance Company.
- In Riyadh, the cheapest insurance price compared to others reaches 389 Saudi riyals for Toyota sedans.
- As for the highest price of third party insurance in Riyadh, it reached 2130 Saudi Riyals for a Hyundai sedan.
You can review the following list for the average third party insurance rates in the Kingdom, which is among the cheapest car insurance:
- Tawuniya Auto Insurance Company: Insurance price against others is 650 Saudi Riyals.
- Malath Car Insurance Company: Third Party Insurance Price is 1245 Saudi Riyals.
- Wafa Insurance Company: The third party insurance price is 1050 Saudi Riyals.
- Shield Insurance Company: The third party insurance price is 1350 Saudi Riyals.
- United Insurance Company: The price of third party insurance is 1600 Saudi Riyals.
- Acig Insurance Company: The third party insurance price is 750 Saudi Riyals.
- Gulf Union Insurance Company: The price of third party insurance is 895 Saudi Riyals.
- Med Gulf Insurance Company: The third party insurance price is 660 Saudi Riyals.
Cheaper auto insurance
The price of the insurance varies according to several criteria, and to get the cheapest car insurance, the following points should be in your favor:
- City: As the matter varies according to the accident rate in the city, for example, Riyadh has a higher accident rate than other cities, so the price of insurance there becomes more expensive.
- Vehicle type: For example, youth cars are the highest in insurance price, as they are the most vulnerable to accidents.
- Year of Manufacture: The price of insurance varies for the same type of car, depending on the year of manufacture, as the specifications vary from year to year, including the safety factors on the car.
- The age of the car owner: As young people between the ages of 18 to 25, the price of their car insurance is higher, as reports always indicate that they are the most vulnerable to accidents and risks.
- Accident Record: The price of car insurance varies based on the car owner's accident record, so with the large accident exposure, the price of insurance goes up, of course.
The cheapest car insurance
As a conclusion to our talk on the cheapest car insurance in the Kingdom, we will inform you, dear reader, about some insurance rates according to the testimony of car owners:
- Toyota Corolla 2012 in Riyadh, the age of its 22-year-old owner, from the Wala Company, priced at 700 riyals.
- Toyota Yaris 2014 in Riyadh, 29-year-old owner of Tawuniya (Plus), priced at 1218 riyals.
- Toyota Innova 2016 in Riyadh, the age of its 40-year-old owner from Arabian Shield, priced at 1347 riyals.
- Lexus ES350 2015 in Riyadh, the age of its owner is more than 50 years, from the Arab Shield at 831, and in the Gulf at 1013 riyals, and the cooperative at 1066 riyals.
- Mazda 6 in Jeddah, the age of a 35-year-old owner of the Salama company, 780 riyals, in Arabic 924 and in cooperative 1017.
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