Dubai Insurance now accepts crypto for car insurance payments, combining digital assets with regulated custody and security controls.
Dubai Insurance has taken a bold step into digital payments. On Jan 28, 2026, the company launched a crypto wallet that allows customers to pay car insurance premiums and receive claim payouts using Bitcoin and other major cryptocurrencies.
The service is built with Zodia Custody, a regulated digital asset custodian linked to Standard Chartered.
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How Crypto Payments For Car Insurance Work
Customers who choose this option can send crypto directly when paying their insurance premiums. If a claim is approved, Dubai Insurance can also pay out in crypto. Zodia Custody stores the digital assets and manages security, including multi-signature wallets and compliance checks.
All users must complete identity verification, in line with UAE rules. Dubai Insurance has confirmed Bitcoin support and says other large cryptocurrencies are included, though the full list has not been shared yet.
The company has also not released final details on fees or how quickly crypto payments are settled.
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Why This Important For Crypto Use
Insurance payments are part of everyday life, not a niche activity. By adding crypto as a payment option, Dubai moves digital assets closer to normal financial use.
This is especially useful for expatriates and international customers who already hold crypto and want faster payments without bank delays.
Security is a key part of this rollout. Many past crypto payment projects failed because of weak protection. Using an institutional custodian helps reduce risk and makes regulators more comfortable. This step may also encourage other insurers in the region to explore similar services.
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Risks And What Customers Should Know
Crypto prices can change quickly. If values are not fixed at payout time, claim amounts may rise or fall.
Customers will also need clear guidance on taxes, reporting, and how crypto is valued during payments.
Conclusion
Dubai’s crypto insurance payments show digital assets moving into real-world services. Clear rules and transparency will determine how practical this option becomes.
