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arab car insurance

Arab Car Insurance

The arabic car insurance market is far more developed than other parts of the insurance market. There is far more competition in this market and as a result far more bargain hunting can be done. The arabic car insurance market is hampered by the generally below par driving in the gulf states which has meant that car insurance premiums have been above what you would expect in first world economies.

GCC Car Insurance

Car insurance in the GCC states is provided by some major insurers. You will find more information on each state below:

- Oman Car Insurance

- UAE Car Insurance

- Bahrain Car Insurance

- Saudi Arabia Car Insurance

- Kuwait Car Insurance

- Qatar Car Insurance

In general the GCC car insurance agents work through car dealers who get a cut of the deals they broker. In affect you are going through a brokers broker if you do a deal with the person who sells you the car regardless of what they tell you. As long as you are aware of this you will then be able to take their information with a pinch of salt.

Gulf Car Insurance

States in the gulf other than the GCC states such as Yemen are not well developed at all in terms of their car insurance. This is due to the third world nature of their economies. The advantage of GCC states over other gulf states in their car insurance markets is the economic wealth found the GCC oil fields. This has given GCC states a significant advantage over other gulf states in their economic growth which has obviously affected their car insurance markets. Let's hope the price of oil continues to go up for the Oil producing regions and this economic growth can continue.

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