Buy Car Insurance in 30 Seconds !
To make the above terms clearer for you:
The increasing deaths and injury due to traffic accidents are what led to strict enforcement by law. The data states that in 2016 traffic accidents caused 751 deaths and 6,681 casualties. However, the strictness had led to a reduction in the number of accidents in the UAE over the years. The data shows that in 2017 the number of deaths reduced to 525.
Below is the data ranging from 2013-2016 showing the death and injuries occurred due to road accidents:
|2016||725||Severe- 560Medium- 3110Minor- 3011|
|2015||675||Severe- 722Medium- 2977Minor- 3177|
|2014||712||Severe- 680Medium- 3029Small- 3399|
|2013||651||Severe- 820Medium- 3100Minor- 3823|
The Traffic and Patrols Directorate in Abu Dhabi are working constantly towards decreasing traffic fatalities to 3 per 100,000 by 2021.
Car Insurance is an insurance agreement that protects your prized possession against unforeseen events such as accidents. As per this agreement, the insurance provider guarantees a pre-specified amount as compensation of the expenses incurred due to accidental damage, injury, third party liability or death. The same can be ensured in exchange for a regular premium.
Car insurance in UAE is important, as it is a legal requirement, without which you can’t drive your vehicle on the roads of the UAE. Additionally, when you buy car insurance in UAE it provides you the following benefits:
There are two types of car insurance in UAE:
This is the most basic type of car insurance and is compulsory by the law. TPL Car Insurance provides protection against any liability arising out of a third-party’s property damage or bodily injury caused by the policyholder’s vehicle. When you buy third-party car insurance you should be well prepared to pay all the out-of-pocket expenses incurred in repairing your vehicle in case of an accident, as this policy doesn’t cover own damage.
This plan has a lower premium as it provides limited cover. TPL Car Insurance is suitable for someone who has an old car. However, for someone with a luxurious car should consider the Comprehensive Cover.
Comprehensive car insurance in UAE covers the vehicle from all damages resulting from an accident, i.e. repairs and third party damages. It also covers the vehicle in case of total loss such as theft.
The basic protection involves coverage for the car caused by an accident. However, there are various add-ons available such as coverage for medical expenses, onsite repair, agency repair, alternate car, coverage for personal belongings, among many more. These add-ons vary from provider to provider and can be availed at a higher premium.
There are a few things to consider instead of buying car insurance in UAE randomly. It includes analyzing your expectations and needs, the reputation of the company, a thorough comparison of plans, and well-weighed insurance policy. You can approach an insurance aggregator such as Policybazaar.ae to compare the plans on your behalf.
In this regard, below are some of the reputed insurance providers in the UAE to consider while buying car insurance in UAE:
In a Nutshell!
It is highly important to have car insurance in UAE. First and foremost, as it is mandatory by law. The second reason being, it protects you and your vehicle against legal liabilities and financial burden. It is advisable to compare insurance providers and the add-ons they provide.
Road accidents in the UAE have been decreasing by the year. This is possible because the law has put a lot of effort into increasing the strictness. Therefore, it is important to consider the importance the black points hold, as you don’t want to be off the road for a year!