Car insurance companies

Guys, quick question about car insurance in UAE. I noticed if I renew my car now I get a higher rate despite having clean record. I am aware some changes kicked in recently which increased insurance premium on average by 30%. How is this +30% extra premium added to the services the customer receives? What was the reason behind the increase?

Secondly, I observed if you renew your policy through a broker, you get a lower car value for the insured car, Vs if you go to solicits other insurance quotes from different companies. At same cases from the same insurance company.

This difference is almost 20%… that’s a lot.

Anyone with insurance can experience can explain?

The broker said my car value depreciate at the rate of 10% per year 😲

Thanks,