my friend is working in QIC at the same office where third party insurance renewal is located.. he admits that the place is bad but he never experienced having struck in traffic or get flat tires or damaged car in going to work, so far..besides people wont really stop complaining.. before when the third party renewal is still in the main office there's no much complain as like now in the new office except for no place for parking, which is not the QIC fault for having more neighbor buildings now and road under construction..
he said that the number of customers to be accepted each day is limited to 60 only but all insurance companies are doing the same as well.. these companies are bargaining the government to increase the third party insurance standard premium because they are losing from the high cost of repair of expensive cars and high cases of accidents every day.. lets say there will be only 60 people to make insurance renewal but they will also accept almost 200 claims of accident and each claims having at least 2-4 parties/car to repair.. imagine one car will be insured by paying lets say QR 2000-3000/annum in full insurance but in third party insurance they just have to pay QR260-310.. but when accident comes, repair will cost at least QR5,000 for each car, and luckier if the car is a mercedes, hummer, range rover, or bmw type, may cost at least QR12,000 for repair..but as of the latest news, i heard insurance companies won over the government bargain about increasing the third party premium.. so just watch out people.. maybe renewing will be a lot easier now but of course the payment is higher...
my friend is working in QIC at the same office where third party insurance renewal is located.. he admits that the place is bad but he never experienced having struck in traffic or get flat tires or damaged car in going to work, so far..besides people wont really stop complaining.. before when the third party renewal is still in the main office there's no much complain as like now in the new office except for no place for parking, which is not the QIC fault for having more neighbor buildings now and road under construction..
he said that the number of customers to be accepted each day is limited to 60 only but all insurance companies are doing the same as well.. these companies are bargaining the government to increase the third party insurance standard premium because they are losing from the high cost of repair of expensive cars and high cases of accidents every day.. lets say there will be only 60 people to make insurance renewal but they will also accept almost 200 claims of accident and each claims having at least 2-4 parties/car to repair.. imagine one car will be insured by paying lets say QR 2000-3000/annum in full insurance but in third party insurance they just have to pay QR260-310.. but when accident comes, repair will cost at least QR5,000 for each car, and luckier if the car is a mercedes, hummer, range rover, or bmw type, may cost at least QR12,000 for repair..but as of the latest news, i heard insurance companies won over the government bargain about increasing the third party premium.. so just watch out people.. maybe renewing will be a lot easier now but of course the payment is higher...