Motor insurance relief for EV owners in UAE

RECENT RENEWALS SEE EV OWNERS PAYING UP TO 9.5% LESS

- BY MANOJ NAIR

Owners of electric vehicles (EVs) in the UAE are seeing declines on the motor insurance premiums they have been paying on renewals in the last 15 months.

This will come as a huge relief for these car owners and, at the same time, be seen as crucial to expanding the sales of new EV models in the UAE.

Recent renewals have EV owners pay up to 9.5 per cent less compared to a year ago. On average, they are paying around Dh5,270 for a renewal — that compares with Dh5,815 on renewals done during Q2-2025 and Dh5,437 on average in Q1-25, according to data from InsuranceMarket.ae.

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