I would advise all expatriates to never ever drive your vehicle without a license and an insurance. You must always carry these along with you, including your istemara (car registration card). Make sure that you have a photocopy of your iqama always in the car, because you will have to attach this with other documents in the police station. Preferably, go in for a comprehensive insurance, rather than a third party insurance which is mandatory.
To read more about road safety in Saudi, click here Road Safety (Working in Saudi Arabia).
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Car-owning expatriates working in Saudi Arabia must be aware of the term MVPI. It stands for Motor Vehicles Periodic Inspection. Whether you want to buy or sell a car or simply renew your vehicle's registration (Istemara), you simply cannot miss the MVPI.
Read more about it at MVPI (Working In SaudiArabia).