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Motor Insurance deals with the insurance vehicles licensed to be driven on public roads. The use of motor vehicles has become an important aspect of everyday life which compelled the authorities in the Kingdom to impose third party liability motor insurance. Traffic accidents do happen without any warning in spite of all the precautions taken by the drivers, traffic authority, pedestrians and motor industries.
The compulsory insurance policy indemnifies the insured's legal liability when involved in a traffic accident.
Our motor insurance policy product responds to the requirements of the Saudi Legislators in that Al Sagr Cooperative take care of the third party up to an amount which you as an insured become legally liable to pay in damages within the limits stipulated by the compulsory insurance law.
Al Sagr Cooperative has developed its motor insurance product to cater for:
1) Own damage of insured vehicle
2) Third party liability property damage and bodily injury and death
This type of policy stands for as a comprehensive cover plan.
We insure the vehicles whilst driven within the Kingdom of Saudi Arabia and offer extensions to territorial limits of neighboring countries, like Gulf States, Iraq, Syria, Lebanon, Egypt, Yemen and Turkey.