Car Ownership Transfer in Ajman - Know the step-by-step process of Car and Vehicle ownership in Ajman. Our Complete guide covers the requirements and procedures for a smooth Ajman vehicle ownership transfer.
If you own a car or are considering purchasing one in the UAE, it's crucial to understand the importance of car insurance. According to UAE's motor vehicle laws, every car on the road must have at least third-party insurance. Failing to adhere to this law can result in severe consequences, such as hefty fines, the suspension of your driving license, and even imprisonment in some cases.
However, the significance of car insurance extends beyond just legal compliance. It serves as a financial safety net in the event of accidents, shielding you from potential financial burdens. When choosing a car insurance policy, it's essential to prioritise its features and benefits. This ensures that you are protected from extensive legal liabilities and guarantees that your insurance provider will offer ample compensation to cover potential losses.
Continue reading to gain a deeper understanding of the different types of car insurance available and the benefits of various add-on covers.
There are two types of car insurance policies in the UAE. These include:
The number of add-ons that you choose with your basic car insurance plan decides the premium amount and the extent of coverage. Depending on your damage protection needs, you may consider the add-ons that can be added to your base plan:
The primary purpose of this cover is to provide financial compensation to the driver and the passengers in the vehicle in case of injuries or, in worst-case scenarios, death, due to an accident.
The Replacement of Vehicle add-on, essentially, provides the policyholder with a temporary vehicle in situations where their own car is being repaired or is undrivable due to an accident. Depending on the insurance provider and the specifics of the policy, this add-on usually covers a certain number of days (like 10 days, 15 days, etc.) for which a replacement vehicle will be provided while the insured vehicle is under repair.
Roadside Assistance is another popular add-on in car insurance policies, especially in countries like the UAE where long drives across highways and deserts are common. This feature provides immediate help to policyholders if they face car troubles while on the road. While many providers offer nationwide coverage, some plans may also provide assistance in neighboring GCC countries. It's essential to check the geographical scope of your roadside assistance add-on.
You can opt for an added layer of protection, as comprehensive insurance doesn't cover damage repair costs of all-natural calamities. So, check with your insurance provider and the policy details of what it covers and then opt for natural disaster or calamities cover to help you out in times of difficulty.
The purpose of the Oman Cover is to extend your car insurance coverage to the Sultanate of Oman. Given the geographical proximity and the frequency of road trips UAE residents undertake to Oman, this add-on ensures that they are legally and adequately insured while driving in Oman.
It covers damage or loss of the vehicle while it is driven off-road.
It covers damage or loss to the vehicle due to theft or fire.
It covers the cost of replacing or repairing the windscreen if it is damaged or broken.
Obtaining a car insurance in the UAE can be intricate, but it's undeniably crucial for vehicle owners. Upholding the UAE's stringent motor vehicle laws, one must possess at least a third-party insurance to legally drive. Beyond mere compliance, a comprehensive insurance acts as a financial shield during mishaps, mitigating unforeseen expenditures.
Choosing the right insurance might be daunting, but with platforms like Policybazaar.ae, the process is streamlined. Furthermore, understanding and selecting the apt add-ons – be it the Oman Cover for those cross-border trips or Roadside Assistance for unexpected breakdowns – can significantly enhance your coverage. Always prioritise understanding the policy details, ensuring a safer and more secure driving experience in the UAE.