Bcare’s platform allows you to easily insure vehicle ownership transfers, ensuring property protection with the best available offers. This service helps users secure vehicles during the transfer process.
Ownership Transfer Insurance
With Bcare, you can insure the vehicle under the new owner’s name even before the sale is completed, enabling smooth use without any legal or traffic issues. This policy covers risks associated with ownership transfer, with competitive offers available through the platform.
Types of Car Insurance
New Insurance:
Mandatory annual renewal, offering two main types:
Comprehensive Insurance and Third-Party Liability Insurance.
Ownership Transfer Insurance:
Required when a vehicle is transferred from seller to buyer, ensuring the process complies with legal requirements.
How to Transfer Ownership via Absher
Absher provides several essential services, including ownership transfer. Both seller and buyer must be registered on the Absher platform to complete the process.
Steps for the Seller:
-1 Log into Absher via the website or app.
-2 Select “Vehicle Services” → “Sell Vehicle.”
-3 Choose the vehicle and input buyer details (ID and birthdate).
-4 Set the sale price and enter your bank account details.
-5 Review and confirm the information.
-6 Wait for the buyer’s acceptance within one hour.
-7 Complete the handover and confirm payment through Absher’s secure payment system.
Steps for the Buyer:
-1 Review and accept the request within one hour.
-2 Verify the vehicle details and sale price.
-3 Use the secure payment system to transfer the agreed amount.
-4 Obtain a new insurance policy.
-5 Pay the government fee of 150 SAR and an additional 230 SAR for Absher.
-6 Confirm receipt of the vehicle and finalize the transfer on Absher.
How to Insure Vehicle Ownership Transfer via Bcare
Since insurance prices vary depending on factors like location, age, and car model, Bcare offers a comparison tool to find the best insurance deals. Users can filter by price for convenience.
Steps on Bcare:
– Choose “Ownership Transfer Insurance” from the homepage.
– Enter the seller’s and buyer’s ID numbers.
– Provide the vehicle’s serial number and verification code.
– Agree to the terms and click “Show Offers.”
– Select a start date for the insurance and complete the required details.
– Choose the appropriate insurance offer and optional benefits.
– Proceed to payment, with options including installment plans via Tabby.
– Receive the insurance document shortly after payment.
– Once connected with Najm, finalize the ownership transfer through Absher.
– This insurance covers the new owner for a full year, with an option for annual renewal.
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