2024 Mandatory Vehicle Insurance Premiums Instructions and Amendments

Mandatory Vehicle Insurance Premiums Instructions (2024) and Amendments

Contents
Subject Page
Article (1)..........................................................................................................................: 3
Article (2)..........................................................................................................................: 3
Article (3)..........................................................................................................................: 3
Article (4)..........................................................................................................................: 4
Article (5): ......................................................................................................................... 4
Article (6): ......................................................................................................................... 4
Article (7): ......................................................................................................................... 4
Article (8): ......................................................................................................................... 5
Article (9): ......................................................................................................................... 5
Article (10): ....................................................................................................................... 5
Article (11): ....................................................................................................................... 5
Article (12): ....................................................................................................................... 5
Tables. 6............................................................................................................................

Article (1):
These instructions are titled "2024 Mandatory Vehicle Insurance Premiums Instructions and Amendments," issued pursuant to paragraph (a) of Article (17) and paragraph (a) of Article (19) of the Mandatory Vehicle Insurance System No. (52) of 2024, and paragraph (b) of Article (109) of the Law Regulating Insurance Business No. (12) of 2021, and are considered effective from 1/1/2025.

Article (2):
a- The words and expressions used in these instructions have the meanings specified below, unless the context or circumstances indicate otherwise:

1. The Law: Law Regulating Insurance Business No. (12) of 2021.
2. The System: Mandatory Vehicle Insurance System No. (52) of 2024.
3. Insurance Year: The calendar year preceding the issuance of the mandatory vehicle insurance contract.
   b- The definitions for terms and expressions used in the Law and System are adopted wherever they appear in these instructions, unless the context or circumstances indicate otherwise.

Article (3):
a- Insurance premiums are determined for the following:

1. Jordanian vehicles according to Table No. (1) attached to these instructions.
2. Non-Jordanian vehicles entering the Kingdom according to Table No. (2) attached to these instructions.
3. Non-Jordanian vehicles passing through via borders (transit) according to Table No. (3) attached to these instructions.
   b- An amount of 12 dinars is added to the mandatory insurance premium for Jordanian private passenger cars and public passenger cars specified in item 1 of paragraph (a) of this Article, in the event of committing one or more traffic violations during the insurance year. c- A 15% reduction is applied to the mandatory insurance premium for Jordanian vehicles that have not committed any traffic violations during the insurance year.

Article (4):
a- The insurance company must extend the validity of the mandatory vehicle insurance contract if the vehicle license expiry date differs from the contract expiry date, and an additional mandatory insurance premium is collected for this period proportionally to the added time to cover the difference between the dates, provided that the added period does not exceed 12 calendar months in all cases. b- The insurance company is prohibited, when extending the mandatory vehicle insurance contract for a vehicle in accordance with the provisions of paragraph (a) of this Article, from collecting any fees as stipulated in the provisions of Article (8) of these instructions.

Article (5):
a- An amount is added to the premium of the Jordanian vehicle from the total premium specified in Article (3) of these instructions, according to the following:

1. A 60% rate in the event the vehicle causes one or more accidents.
2. A 110% rate in the event the vehicle causes one or more accidents and the accident results in death or bodily injury.
   b- The higher rate is applied if both conditions stipulated in paragraph (a) of this Article are met.

Article (6):
a- The insured bears the deductible (excess) for each accident caused by their vehicle, which is paid upon the claimant's demand to the insurance company, amounting to 10 dinars for motorcycles and 40 dinars for all other vehicle categories. b- The term "deductible (excess)" refers to the amount borne by the insured for an accident caused by their vehicle, which is collected if the claimant demands compensation from the insurance company.

Article (7):
The insurance company is obliged to issue an addendum for the vehicle's use status (smart applications) for vehicles that the insured wishes to use for work on smart applications, according to a decision issued by the Governor for this purpose.

Article (8):
The insurance company may collect a service fee for modifying the data of the mandatory vehicle insurance contract, according to a decision issued by the Governor for this purpose.

Article (9):
The insurance company is prohibited from reducing the mandatory insurance premium specified pursuant to the provisions of Article (3) of these instructions.

Article (10):
The tables attached to these instructions are considered an integral part of them and are read together with them.

Article (11)
The Governor issues the necessary decisions to implement the provisions of these instructions.

Article (12):
The 2010 Mandatory Vehicle Insurance Premiums Instructions No. (23) and its attached tables and amendments issued based on the provisions of the Mandatory Vehicle Insurance System No. 12 of 2010 are repealed, provided that the decisions issued pursuant to the provisions of the aforementioned instructions continue to be applied until replaced by these instructions.

Chairman of the Board of Directors of the Central Bank

Table No. (1)
Mandatory Insurance Premiums Table for Jordanian Vehicles No. Vehicle Category Premium / Jordanian Dinar 1 Private passenger car (max 9 seats) 78.750 2 Public passenger car (max 9 seats) 166.250 3 Rental vehicle 322.500 4 Motorcycle 60.000 5 Private bus (1 - 9 seats) 166.250 6 Public bus (1 - 9 seats) 260.000 7 Medium private bus (10 - 30 seats) 260.000 8 Medium public bus (10 - 30 seats) 572.500 9 Private bus (more than 30 seats) 291.250 10 Public bus (more than 30 seats) 603.750 11 Cargo/Van (total weight up to 5 tons) 147.500 12 Shared transport (total weight 5.5 tons) 185.000 13 Cargo (total weight more than 5 tons and up to 10 tons) 197.500 14 Cargo (total weight more than 10 tons and up to 20 tons) 247.500 15 Container cargo (total weight more than 10 tons) 235.000 16 Cargo (total weight more than 20 tons) 322.500 17 Cargo (total weight more than 20 tons) / Oil or gas transport 510.000 18 Agricultural vehicle 66.250 19 Construction vehicle 197.500 20 Emergency vehicle (ambulance/fire) 197.500 21 Dead body transport vehicle 72.500 22 Driving training vehicle 166.250 23 Mobile restaurant vehicle 85.000 24 Special use vehicle 197.500

Table No. (2)
Mandatory Insurance Premiums Table for Non-Jordanian Vehicles Premium for 1 year / Dinar No. Vehicle Category Premium for 6 months / Dinar Premium for 3 months / Dinar Premium for 1 month / Dinar 1 Private passenger car (max 9 seats) 155 93 60 46 2 Public passenger car (max 9 seats) 353 210 140 104 3 Rental vehicle 141 187 281 468 4 Motorcycle 23 30 45 75 5 Private bus (1-9 seats) 70 94 141 235 6 Public bus (1-9 seats) 113 150 225 375 7 Medium private bus (10-30 seats) 113 150 225 375 8 Medium public bus (10-30 seats) 254 338 506 843 9 Private bus (more than 30 seats) 127 168 254 422 10 Public bus (more than 30 seats) 268 356 535 891 11 Cargo/Van (total weight up to 5 tons) 62 83 124 206 12 Shared transport (total weight up to 5.5 tons) 79 105 157 262 13 Cargo (total weight more than 5 tons and up to 10 tons) 85 113 168 281 14 Container cargo (total weight more than 10 tons) 102 135 303 338 15 Cargo (total weight more than 10 tons and up to 20 tons) 109 145 218 362 16 Cargo (total weight more than 20 tons) 144 191 287 479 17 Cargo (total weight more than 20 tons) / Oil or gas transport 206 275 413 687 18 Agricultural vehicle 25 34 51 85 19 Construction vehicle 85 113 168 281 20 Emergency vehicle (ambulance/fire) 85 113 168 281 21 Dead body transport vehicle 29 38 56 94 22 Driving training vehicle 113 150 225 375 23 Mobile restaurant vehicle 34 45 67 113 24 Special use vehicle 85 113 168 281

Table No. (3)
Mandatory Insurance Premiums Table for Vehicles Passing Through Borders (Transit) No. Vehicle Category Premium 1 Private passenger car (max 9 seats) 20 2 Public passenger car (max 9 seats) 47 3 Rental vehicle 94 4 Motorcycle 15 5 Private bus (1-9 seats) 48 6 Public bus (1-9 seats) 76 7 Medium private bus (10-30 seats) 76 8 Medium public bus (10-30 seats) 168 9 Private bus (more than 30 seats) 85 10 Public bus (more than 30 seats) 179 11 Cargo/Van (total weight up to 5 tons) 41 12 Shared transport (total weight up to 5.5 tons) 53 13 Cargo (total weight more than 5 tons and up to 10 tons) 56 14 Cargo (total weight more than 10 tons and up to 20 tons) 73 15 Cargo (total weight more than 20 tons) 96 16 Cargo (total weight more than 20 tons) / Oil or gas transport 138 17 Agricultural vehicle 18 18 Construction vehicle 56 19 Emergency vehicle (ambulance/fire) 56 20 Dead body transport vehicle 18 21 Driving training vehicle 75 22 Mobile restaurant vehicle 23 23 Special use vehicle 56