Car insurance rates

Car insurance rates


Car insurance rates

Yes, in this article we learn about comprehensive car insurance prices 2021 by looking at insurance prices and prices for the most famous insurance companies in the Arab Republic of Egypt, in order to compare them and determine the right company for you to insure your car.

Comprehensive car insurance rates 2021

In the following lines, we will know about the prices of some car insurance companies:

  • Suez Canal Insurance: Insurance is characterized by the exposure of the insured car to accidents or theft.
  • The premium rate is about 3% of the estimated value of the car, and the customer pays 4 pounds for every 1000 pounds.
  • The depreciation rate ranges from 5% to 7% each year, and the total depreciation rate is 50%.
  • The value of the civil liability is 10,000 Egyptian pounds.
  • In addition, about 10% of the amount of the original invoice for the maintenance of the power of attorney is deducted.
  • Misr Insurance Company: It is one of the most famous insurance companies in the Arab Republic of Egypt.
  • The customer pays a premium of up to 3.5% of the total amount of the car.
  • The customer also pays 4 pounds for every thousand pounds.
  • Misr Insurance also carries a depreciation rate of 5%.
  • The maximum amount charged by the insurance company in the absence of a record is 5000 EGP.
  • There is a 10% deduction in favor of retaining the power of attorney.
  • There is an estimated amount of up to EGP 10,000 in favor of civil liability.
  • The customer pays the bill, after which the insurance company pays the amount to the customer.
  • Al-Ahly Insurance Company: Like other companies, it is responsible for insuring cars in cases of fire, theft and accidents.
  • Premium Premium 3.5% of the vehicle's total value.
  • The customer pays 3% for every thousand pounds.
  • Depreciation is between 5% and 7% per annum.
  • The amount of civil liability is 10,000 EGP, and up to 10% is deducted in favor of the maintenance of the power of attorney.

Comprehensive car insurance cost

Al-Mohandes Insurance Company: The value of the premium is 5% of the total value of the car, without bearing or stamps.
The insurance covers insured cars against accidents, fire and theft.
Depreciation is between 5% and 7% per year.
The customer pays the invoice value first and the company pays the invoice value to the customer later.
Civil liability of up to 10,000 Egyptian pounds.
The total depreciation rate is up to 50%.
10% of the invoice is a discount for the maintenance of the power of attorney.
Royal Insurance Company: The premium is 3.5% of the car value without stamps.
Insured cars are covered from accident and theft.
The customer charge is 10% for the first claim, 15% for the second claim, and 25% for the third claim.
Depreciation may be up to 7%, and civil liability is a maximum of EGP 10,000.


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