UAE: Why electric vehicle insurance costs are now 72% higher than...

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UAE: Why electric vehicle insurance costs are now 72% higher than petrol cars

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Electric vehicle insurance premiums in the UAE are 72% higher than for petrol cars, driven by costly repairs and limited service centers. Despite this, EV adoption is rising rapidly due to improved affordability, expanding infrastructure, and stronger resale values. The market is expected to stabilise as insurers adopt data-driven models and partnerships streamline repair and claims processes.

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