INSURANCE LINES
FOR YOUR INSURANCE NEEDS ABROAD, PLEASE CALL US
+961 1 962 700
FAQs
Why do I need Motor Insurance?
According to the Lebanese Law, you have to acquire a compulsory insurance covering the bodily injury you may cause to a third party. Having at least an additional third party liability cover for material damages will free your mind in case of an accident.
How do I know how much coverage I will need?
In general, the higher your liability limit, the more protection you will get.
When deciding whether to purchase Third Party Liability or All Risk Motor insurance, you should determine if you would be financially able to replace your car in case of a total loss.
What does All Risk coverage mean?
The term “All Risk” coverage for motor insurance means that the policy has both third party liability and own damage coverage. However, it does not mean that everything is covered no matter what happens. It depends on the terms and conditions of the policy you have purchased.
If I am driving someone else’s car and an accident occurs, will it be covered?
Yes, the insurance goes with the car. If you have an accident while driving someone else’s car, you are covered under the owner’s insurance policy, whether material damage or bodily injury. However, all the terms and conditions of the insurance policy will apply.
What determines my motor insurance rate or premium?
The actuaries assess the risk for driver categories based on a variety of criteria:
- Mandatory bodily injury cover: The premium has been set by the government and applied by all insurance companies.
- Material damage to third party liability: Make and model of the car, age of the car, horsepower, driver's age and the sum insured.
- All Risk Motor insurance: Make and model of the car, age of the car and market value.
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