The Best Affordable Car Insurance Companies in Dubai for 2020

The Best Affordable Car Insurance Companies in Dubai for 2020PolicybazaarAverage Rating / 5 ( reviews)
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Dubai is one of the largest and richest emirates in the UAE. It is known for its diverse culture, exquisite cuisine, luxurious shopping malls, and fancy cars. You can spot some of the most extravagant supercars roaring on the streets of Dubai. However, buying car insurance is not a choice but a mandate in the UAE as per the law. 

If you’ve bought a brand new SUV beast or mid-ranged hatchback from a bank or a car dealer they would have definitely offered a car insurance plan along with the vehicle. Motor dealers and banks offer car insurance with limited coverage that might not fulfill your requirements. 

In order to safeguard your beloved car, it is crucial to get comprehensive car insurance that would cover all the expenses in case of any event leading to damage or loss of the vehicle. The motor insurance market in the UAE is filled with a plethora of providers that offer tailored car insurance plans to meet all the requirements of the buyers. 

Choosing the right car insurance plan from the right car insurance company in Dubai appears to be a tedious task. The moment you would have thought about car insurance dozen of questions would have crossed your mind. Which is the best car insurance plan? What should be the right coverage amount for your car? How to get the best deal on car insurance in UAE? What are the best car insurance companies in Dubai? And so on. 

Don’t worry! We understand your needs and are here to help you get the best deal on car insurance in Dubai. In this article, we’ll share some of the best car insurance companies in Dubai. So stay tuned. 

New India Assurance Company

New India Assurance Company was established in 1919 in India. The Indian MNC operates in twenty-three jurisdictions all across the globe. New India Assurance Company started off in Dubai in the year 1961 under the banner of Rais Hassan Saadi Group that was the first national firm of ship agents in UAE. 

The insurance provider is considered one of the best car insurance companies in Dubai and other emirates as well. Car insurance seekers can select plans from the existing list of insurance plans. Furthermore, insurance seekers can get insurance plans customized on the basis of their requirements. The company has plans for all classes of buyers and vehicles that make it one of the most popular car insurance companies in Dubai. 

New India Assurance Company offers can-rental options for their customers along with roadside assistance. Unlike many other insurance providers that do not windscreen damage, the New India Assurance company covers losses in case of windscreen damages as well. The company offers off-road coverage for all sorts of private vehicles. 

SALAMA Islamic Arab Insurance Company

SALAMA Islamic Arab Insurance Company is a Shariah-compliant takaful company established in 1979 in Dubai. It is the world’s oldest and largest Shariah-compliant takaful provider in the UAE insurance market. The company specializes in takaful i.e. shariah-compliant Islamic insurance plans that are meant to safeguard the insured against potential threats. 

SALAMA offers tailored car insurance plans that protect your vehicle by covering expenses in case of loss or damage. A comprehensive car insurance plan from SALAMA provides coverage if the damage is caused due to accident or collision, theft or burglary, malevolent actions of the third party, natural calamities, external explosions. Contrary to this the third party liability coverage car insurance plans from SALAMA cover liabilities from a third party arising due to the use of your vehicle. 

WATANIA Insurance Company

WATANIA or National Takaful Company is a Shariah-compliant takaful provider that was established in 2011. The company was founded by four existing companies i.e. Abu Dhabi National Islamic Finance, Abu Dhabi National Insurance Company, Aldar properties, and TAQA. 

Although WATANIA is a younger company but has managed to win a considerable fraction of the motor insurance market in the UAE. The provider is known for its hassle-free claims and strong distribution channels across the UAE. WATANIA offers some unique features in their car insurance plans such as discounted international driving license, Roadside assistance and Mulkiya registration for renewal. 

Oriental Insurance Company

The oriental insurance company is one of the leading insurance providers in India. Within the past few years, the company is emphasizing on expanding its operations in jurisdictions outside of India. The company is currently operating in Dubai, Nepal, and Kuwait. The oriental insurance company was established in 1947 as a government-controlled insurance company. The company started its operations in the year 1960 in the UAE. 

Oriental insurance company offers several services that make it one of the most popular and reliable car insurance company in Dubai. It provides a car rental service along with a vehicle towing facility. Customers can make use of the lock-out service. Furthermore, the company provides a refueling service as well. 

Adamjee Insurance Company Limited

Adamjee Insurance Company Limited is one of the largest insurance companies in Pakistan that was established in the year 1960. Apart from operations in Pakistan AICL also operate and renders services in the UAE. 

The company provides maximum coverage against various events such as accidents leading to damage of the vehicle or spare parts, theft or burglary, third party liabilities and natural calamities like flooding, earthquake, tsunami, etc. 

Conclusion

The list of car insurance companies in Dubai mentioned in the article will help you to select the right provider and plan for your car in Dubai. These companies offer customizable plans to mitigate the financial losses due to damage or loss of the vehicle. 

To keep you on the safer side of the law it is mandatory to get your car insured in Dubai. Buying adequate car insurance cover not only covers your losses but also offers peace of mind. Before buying car insurance in Dubai buyers should thoroughly research the market to compare and find the best insurance plan that fulfills all their requirements at the lowest cost.

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