Transport Minister Mohamed Ameen has announced that a new insurance scheme, covering damages to private land vehicles, will be launched within the next two months. The initiative, to be incorporated into existing third‑party insurance, is being coordinated with all licensed insurers across the Maldives.
Speaking during the state radio Voice of Maldives’ “Ahaashey Bunaanan” talk show, Minister Ameen said the revised insurance package aims to better protect vehicle owners, while streamlining compensation procedures under current legislation. He confirmed that legal amendments are being drafted to enable these enhancements, and that these will be submitted to Parliament soon.
The new coverage will enable drivers to claim repairs not only for damages they cause to other vehicles or property—as covered under third‑party insurance—but also for losses sustained by their own vehicles. This marks a significant shift in the country’s motor insurance landscape.
In alignment with the broader Malé Fahi transport initiative, the Ministry is also advancing efforts to reduce traffic congestion in the capital, reform the insurance framework, and simplify claims processes for motorists. Highlighting progress on import regulations, Minister Ameen reiterated his commitment to tackling urban congestion through vehicle permit restrictions—a policy set to be published in the Government Gazette following a 90‑day transition period .
The upcoming legislative package seeks to resolve systemic issues within the nation’s traffic and insurance systems. Once these legal reforms gain parliamentary approval, the Transport Ministry expects a smoother, more efficient mechanism to compensate vehicle owners and to address traffic challenges comprehensively.
