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Best Cheap Car Insurance in Saudi Arabia

Car insurance in Saudi Arabia is an important and widely practiced step to protect car owners from potential risks that may affect the vehicle or the driver. Insurance aims to provide financial coverage in the in case of car accidents or other damages to the vehicle. In this article, we will highlight the best and most affordable car insurance options in Saudi Arabia.

The Cheapest Car Insurance in Saudi Arabia

Al-Tawuniya Insurance Company is considered one of the most affordable third-party car insurance providers in Saudi Arabia, with an annual car insurance cost of approximately 650 SAR.

Car Insurance Companies’ Prices from Lowest to Highest

Car Insurance CompanyStarting Insurance Price (varies by type of insurance)
Al-Tawuniya Insurance Company650 SAR
MedGulf Insurance Company660 SAR
ASEIG Insurance Company750 SAR
Gulf Union Insurance895 SAR
Wafa Insurance Company1,050 SAR
Malath Insurance Company1,245 SAR
United Insurance Company1,600 SAR
Al-Deraya Insurance Company1,600 SAR

Note: Insurance prices vary based on the following factors:

  • The client’s accident history
  • The brand and model of the vehicle
  • The number of years the driver’s license has been held

The Best Car Insurance Companies in Saudi Arabia Ranked by Cheapest Price

Al-Tawuniya Insurance Company
Al-Tawuniya Insurance Company is one of the leading insurance providers in Saudi Arabia. It is known for offering reliable and diverse insurance services for vehicles, homes, and businesses. The company operates on a cooperative model, where contributions from car owners and other clients are pooled together to provide suitable insurance coverage.

MedGulf Insurance Company
MedGulf Insurance Company in Saudi Arabia is a specialized insurance provider, offering comprehensive coverage for vehicles, homes, and businesses. Known for its excellent customer service and broad coverage, MedGulf aims to offer customized insurance solutions that meet customer needs, ensuring safety and protection.

ASEIG Insurance Company
ASEIG Insurance Company in Saudi Arabia is highly regarded in the insurance industry, offering innovative and reliable solutions for individuals and businesses. Their services cover vehicle insurance, health insurance, life insurance, and general insurance. ASEIG is committed to addressing customer needs, delivering exceptional customer service, and building trust and security in the insurance sector.

Gulf Union Insurance 
Gulf Union Al Ahlia Cooperative Insurance Company is one of the leading national companies in the Saudi insurance market, headquartered in Dammam. It stands out by offering diverse insurance services and innovative solutions that meet customer needs, thanks to its professional team with high expertise and efficiency. The company’s branches are spread across the Kingdom, which has strengthened the trust of customers and major investors in its exceptional services.