Newspaper: Raising blood money for wrongful killing raises vehicle insurance fees by 70%

Newspaper: Raising blood money for wrongful killing raises vehicle insurance fees by 70%

Newspaper: Raising blood money for wrongful killing raises vehicle insurance fees by 70%

Experts in the field of insurance attributed the increase in vehicle insurance fees to more than 70 percent, to the high risks for these companies, after the implementation of the royal decision related to raising the value of blood money for wrongful killing from 100,000 to 300,000 riyals.

Imad Al-Din Al-Husseini, a member of the Insurance Committee in the Asharqia Chamber, said that everyone knows that the price of blood money for wrongful killing has tripled, pointing out that there are people who are issued instruments amounting to 900,000 riyals as a result of damage to some organs of the injured body, and each of these organs The competent Sharia courts estimate it at a specific amount, according to Al-Sharq Al-Awsat newspaper.

Al-Husseini added that the high prices of spare parts for vehicles and repair fees also caused an increase in insurance fees.

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