Best Car Insurance Providers in Oman – 2025 Complete Guide
Car insurance in Oman is not only mandatory under Royal Oman Police (ROP) regulations, but it’s also essential for protecting yourself, your passengers, and your vehicle. With more than 20 licensed insurance companies in the Sultanate, choosing the right provider can save you hundreds of Omani Rials while giving you better coverage and faster claims processing. Zero Down Payment Cars in Oman.
In this guide, we’ll review the top car insurance providers in Oman for 2025, with facts, figures, prices, and coverage comparisons.
Oman Car Insurance Market Overview (2025)
- Market Size: Over OMR 110 million annually.
- Policy Types:
- Third-Party Liability – Covers damage/injury to others.
- Comprehensive – Covers both third-party and your own vehicle.
- Takaful – Islamic, Sharia-compliant insurance.
- Average Premium Costs (2025):
- Third-Party: OMR 60–120/year
- Comprehensive: OMR 180–450/year
- Growth Trend: Motor insurance claims in Oman increased by 7% in 2024 due to rising car prices and accident rates.
📊 Graph – Car Insurance Market Growth in Oman (2020–2025)
plaintextCopyEditMotor Insurance Premiums in OMR Million
2020 ▓▓ 96
2021 ▓▓ 98
2022 ▓▓▓ 102
2023 ▓▓▓ 106
2024 ▓▓▓▓ 110
2025* ▓▓▓▓▓ 115 (Projected)
Top Car Insurance Providers in Oman (2025)
Below is a comparison table of the leading car insurance companies based on coverage, price range, and special features.
| Rank | Company | Policy Types | Price Range (OMR/year) | Special Features |
|---|---|---|---|---|
| 1 | Dhofar Insurance | Third-party, Comprehensive | 70–450 | Fast claims, strong network |
| 2 | AXA Oman | Comprehensive, Takaful | 85–480 | 24/7 roadside assistance, online renewal |
| 3 | National Life & General | Third-party, Comprehensive | 60–420 | Affordable premiums, easy online process |
| 4 | Al Madina Takaful | Sharia-compliant (Takaful) | 75–400 | Profit-sharing model, ethical investment |
| 5 | Arabia Falcon Insurance | Comprehensive, Third-party | 80–430 | Flood & natural disaster cover |
| 6 | Oman United Insurance | Third-party, Comprehensive | 65–410 | Flexible installment plans |
| 7 | Vision Insurance | Comprehensive, Takaful | 70–440 | Good for high-value cars, VIP services |
1. Dhofar Insurance
- Why Top Choice?
Known for fast claims settlement and excellent customer service. - Best For: New car owners and corporate fleets. Car Insurance Premiums in Oman.
- Extra Perks: No-claims discounts up to 20%.
2. AXA Oman
- Why Top Choice?
International brand with a strong local presence. - Best For: Expats and frequent travelers.
- Extra Perks: 24/7 roadside assistance, free replacement car during repairs.
3. National Life & General Insurance
- Why Top Choice?
One of the most affordable for third-party coverage. - Best For: Older vehicles and budget-conscious drivers.
- Extra Perks: Instant online policy renewal.
4. Al Madina Takaful
- Why Top Choice?
Fully Sharia-compliant coverage. - Best For: Customers seeking Islamic insurance solutions.
- Extra Perks: Profit-sharing at the end of policy term.
5. Arabia Falcon Insurance
- Why Top Choice?
Strong in comprehensive policies with natural disaster protection. - Best For: Drivers in flood-prone areas.
- Extra Perks: Free roadside assistance for first year.
Car Insurance Price Comparison – Oman 2025
| Car Type / Age | Third-Party (OMR) | Comprehensive (OMR) |
|---|---|---|
| Sedan < 3 years old | 80–100 | 250–400 |
| SUV < 3 years old | 90–120 | 300–450 |
| Sedan > 7 years old | 60–80 | 180–300 |
| SUV > 7 years old | 70–90 | 200–320 |
Prices vary by driver profile, claims history, and provider.
Key Facts About Car Insurance in Oman (2025)
- No Claims Discount (NCD): Up to 25% after 5 claim-free years.
- Flood Damage: Only covered in selected comprehensive policies.
- Expat Coverage: All major insurers provide policies for expatriates with valid licenses.
- Instant Policy Issuance: Available with most companies via online payment. Car Insurance Types in Oman.
How to Choose the Best Provider
- Check Claim Settlement Ratio – A high ratio means quicker payouts.
- Look for Add-On Benefits – Roadside assistance, rental car, GCC coverage.
- Consider Takaful Options – For ethical and Sharia-compliant coverage.
- Compare Premiums Online – Use price comparison tools to save 10–20%.
- Read the Fine Print – Understand exclusions before signing.
📊 Graph – Average Premiums by Provider (Comprehensive Insurance)
plaintextCopyEditAverage Premium (OMR/year)
Dhofar Insurance ▓▓▓▓ 350
AXA Oman ▓▓▓▓▓ 370
National Life & General▓▓▓ 310
Al Madina Takaful ▓▓▓▓ 340
Arabia Falcon ▓▓▓▓ 330
Conclusion
The best car insurance provider in Oman depends on your needs, budget, and vehicle type. Dhofar Insurance, AXA Oman, and National Life & General Insurance stand out for their balance of price, coverage, and customer service. If you prefer Islamic finance principles, Islamic Car Financing in Oman. Al Madina Takaful offers competitive Sharia-compliant options.
By comparing providers, checking claim settlement records, and considering add-on benefits, you can secure the most suitable policy for your driving needs in 2025 — while staying compliant with ROP regulations.
FAQs – Car Insurance in Oman (2025)
Q1: What is the cheapest car insurance company in Oman?
National Life & General Insurance often offers the lowest third-party rates, starting at OMR 60/year.
Q2: Which company is best for comprehensive coverage?
Dhofar Insurance and AXA Oman are highly rated for comprehensive policies and fast claims.
Q3: Can expats get car insurance in Oman?
Yes, most providers offer coverage to expatriates with valid licenses.
Q4: Is flood damage included in all policies
No, it’s usually an add-on for comprehensive insurance.
Q5: What is Takaful car insurance?
Takaful is a Sharia-compliant insurance model based on mutual cooperation and risk-sharing.