Buy Car Insurance in 20 Seconds!
Car Insurance in the UAE, also known as Motor Insurance, is a way to prevent financial losses if your car happens to incur any damages due to accidents of any kind or theft or is rendered in an unusable condition (total loss of the car). With an auto insurance policy, you are required to pay annual premiums to mitigate damage-associated costs. The car insurance companies in Dubai and the rest of UAE pay all or most of the cost that’s involved in damage repair.
Your vehicle is secured against annual premiums that you pay for car insurance in Dubai rest of the UAE. However, these premiums are dependent on several factors like – age of the car, age of driver, driving behavior, driving experience, car model, car history, insurance types, car price, etc. Under RTA law, it is mandatory to have car insurance in the UAE.
There are two main kinds of car insurance in Dubai policies on the basis of coverage that is offered by most car insurance companies in Dubai:
Third-party liability car insurance plans in Sharjah and the rest of the UAE are made to cover for damages caused to the third party in the event of an accident where you are at fault. This plan covers for damages that have been caused to the third-party vehicles as well as the injuries sustained by the third party. However, this type of vehicle insurance policy does not cover theft or damages caused to you or injuries sustained by you in a car accident. A third-party liability insurance plan is a basic, first-level plan offered by insurance companies.
A Comprehensive car insurance policy is a type of vehicle insurance in the UAE designed to ensure extensively wide coverage for your car protecting it from a variety of angles. Comprehensive car insurance in Dubai covers your car against damages caused by an accident (whether you are at fault or not), third party liability expenses, damages caused to own car due to natural calamities (earthquake, flood, etc.), man-made disasters (like fire, riots, terrorism, etc.) and theft. Most comprehensive car Insurance in Dubai and the rest of the UAE covers also comes with additional benefits like personal accident cover, emergency expenses cover, new car replacement (time-sensitive), etc.
Temporary car insurance covers your car against any accident, theft, or damage for a short span of time. This ‘short span’ may vary from a few minutes to a few months as per your requirement. Car owners who are not looking for car insurance for an entire year may be benefitted from temporary car insurance in the UAE. It is a useful method of protecting your car if you are looking to relocate, learning to drive, or renting a car.
Following is a list of the best car insurance companies in Dubai 2021 and the rest of the UAE and a brief on the types of insurance covers that they offer:
|Car Insurance Companies||Offered Car Insurance Plans|
|ADNIC||Platinum Cover Gold Cover Standard Cover|
|AXA Car Insurance||Comprehensive Car Insurance cover, Third-Party Liability Cover|
|RSA Car Insurance||Motor Executive (Comprehensive), Motor Smart (Comprehensive), Motor Value (Third-Party)|
|Oman Car Insurance||Comprehensive Cover Third-Party Insurance InsureMyTesla High Net Worth Covers (premium covers for luxury cars/vehicles)|
|Noor Takaful Insurance||Comprehensive Car Insurance, Third-Party Liability Car Insurance|
|Orient Car Insurance||Comprehensive Plans, Third-Party Liability Plans|
|Salama Car Insurance||Comprehensive Car Insurance Plans|
|Tokio Marine Car Insurance||Comprehensive Car Insurance Plans|
|New India Car Insurance||Third-Party Plans, Comprehensive Plans|
|RAK Car Insurance||Comprehensive and Third-Party liability|
Here are the benefits of having car insurance in the UAE:
The price of car insurance in Abu Dhabi and the rest of the UAE may vary greatly depending upon a host of factors. Here we’re listing a few of them to give you a sneak peek into what might fetch additional cost to an auto insurance plan:
One of the main factors that can influence car insurance prices in Dubai and the rest of the UAE is the value of the car. All the cars that have a market value of above AED 300,000 fall under a category bracket of 2.75% premium rate. For cars costing between AED 1,00,000 to AED 300,000, there’s a premium rate of 3% of the real car value. Any four-wheeler below AED 1,00,000, has a premium rate of approx 3.25% of the value of the car. These are the basic premium rates applicable for buying car insurance in Dubai and the rest of the UAE.
Another important factor that helps in determining car insurance prices in the UAE is the driver’s age. For drivers aged 23-24, car insurance cost in Dubai is approximately 25% of the car insurance premiums plus the initial cost. If you fall in an age bracket of 25-30 years, then the average car insurance cost in Dubai is approx 15% of auto insurance premiums plus the original cost. Drivers aged 30-60 years, can avail of a discount of 10% on the premiums.
Statistically, young drivers are more prone to risky driving, hence charged premiums.
The car insurance price of Abu Dhabi and the rest of the UAE vary according to the kind of coverage opted. People purchasing third-party liability receive cheap car insurance prices in comparison to those with comprehensive car insurance policies.
Type of vehicle is yet another important factor that can add to the price of car insurance prices in Abu Dhabi, the rest of the UAE. A basic car allows you to buy cheap car insurances in Dubai, and the rest of the UAE since they require low maintenance. However, high-end cars or SUVs, attract more expensive car insurance Dubai and the UAE since they demand higher maintenance.
The driving history of the registered driver also affects the car insurance price in the UAE. If you have a history of accidents, traffic violations, and other road offenses related to your driving license, the chances are that the car insurance quotations offered by car insurance companies in the UAE will be higher. This is because car insurance companies in the UAE identify such drivers at high risk of making big insurance claims, that too with very frequently.
The deductible is a set amount that is to be borne by the policyholder out of the total insured amount for a vehicle when the policyholder files a claim. For example, if the deductible on your car insurance in Dubai, Abu Dhabi, Sharjah, and the rest of the UAE, is 10% and you file a claim for AED 1000, the insurance company will only be liable to pay AED 900 to you since the deductible will amount to AED 100. The higher the deductible percentage/amount in an insurance policy, the lesser premium will be.
There are several discounts offered by some of the best car insurance companies in the UAE that can also make a difference in the car insurance cost in the UAE for example promotional discounts by the companies on certain purchases or the No Claim Bonus discounts.
Just like the driver’s history, the history of the car also reflects on the prices of car insurance quotes in Dubai, Sharjah, Abu Dhabi, and the rest of the UAE. The lesser damages it has withheld and the lesser accidents it has been in, the lower the price will be (in the case of second-hand cars).
If you as a policyholder have made several claims in the past for other car insurance policies that you hold, car insurance companies in Dubai and the rest of the UAE see you as a potential high-risk customer. So, your claim history can effectively increase or decrease the car insurance quotes online.
Here is a list of tips that will help you in choosing the best car insurance in the UAE that provides good coverage at affordable rates
When you’re clear on what you’re looking for, it becomes easier for you to analyze whether a plan fulfills your car insurance expectations or not.
Keep a check on the background of the chosen insurance provider. Anyone with a good reputation is likely more professional and known for timely, hassle-free claim settlements.
One plan doesn’t fit all when it comes to buying car insurance in Dubai. Instead of opting for the first plan that you come across, it’s wise to compare car insurance online in the UAE to get a fair idea of what are your best available options. By comparing car insurance online in Dubai and the rest of the UAE, a quick and informed insurance decision can be made.
It is important to analyze the coverage offered along with the car insurance in Sharjah and the rest of the UAE by a provider and make sure it is at your expectations. Refrain from buying inadequate insurance coverage that might lead to regrets in the future.
It’s important to settle with a car insurance company that has a high claim settlement ratio. This in a way guarantees earnestness in the services that are being offered by the insurance provider. Add-on covers on the other hand ensure wider coverage to the vehicle and the driver to ensure maximum safety.
To consider and compare car insurance quotes Dubai online, you are advised to use the car insurance calculator in the UAE provided by online car insurance companies in the rest of the UAE. You can visit their webpage and check the premium against coverage to see if the plan suits your needs while fitting in your pocket. This process may become tiring and tedious since you will be required to visit each car insurance company in Dubai, Sharjah, Abu Dhabi, and the rest of the UAE provider websites to check the premium and cover. To cut-short the process and save your time and energy, you can compare the price of car insurance in Abu Dhabi, the rest of the UAE on policybazaar.ae to find the best car insurance in Dubai that fits your needs.
With so many online car insurance UAE platforms, it has now become easier than ever to compare car insurance policies and buy one that suits your needs. There are two quick and simple ways to buy an insurance policy in UAE which are explained in detail as follows:
The traditional method of buying an insurance policy is via car insurance brokers. You simply choose the insurance company that you would like to go with and contact a car insurance broker to initiate the process. The car insurance broker will inform you about the available plans with the company and the required documents that you need to submit for the process. Another way to buy vehicle insurance in Dubai and the UAE is by visiting a branch office of the company itself.
Buying car vehicle online in Dubai and the rest of the UAE is the most convenient and transparent method. Since the world is becoming digital at an incredible speed, almost all top insurance companies have website and mobile application portals for their customers. You can simply visit the site, compare car insurance UAE, select and buy from the purchasing portal. Getting car insurance online in Dubai, Abu Dhabi, Sharjah, and the rest of the UAE quote in the UAE is also a matter of seconds which makes the whole process extremely fast and easy.
Another way is to buy car insurance in the UAE online is to take assistance from insurance aggregators like PolicyBazaar UAE. It is easier to compare car insurance companies online in Dubai and different plans that they offer when you have one common portal for them all as well. Although, make sure that you trust only the most authentic and credible aggregators to avoid frauds and losses.
At the time of issuing car insurance in Dubai, and the UAE, there are some common services that are provided by auto insurance companies in the UAE. Let’s take a look at the inclusions here:
There are a few riders that can be bought along the basic insurance plan to enhance the scope of coverage. Here are a few riders that might be worthy add-ons to your existing plan.
Car Insurance in Dubai, Sharjah, Abu Dhabi, and the UAE will not cover for losses or stand nullified if you are:
No Claim Bonus is a discount offered to a policyholder for not raising a claim on the car insurance policy during an active term. It can be availed while renewing the Dubai vehicle insurance policy next year. Some of the benefits of NCB are:
With so many options available to purchase car insurance online, it has become easier to browse through a list of the best car insurances in Dubai, and the rest of the UAE and opt for one that suits your needs. To bag yourself affordable car insurance in Dubai and the rest of the UAE, all you have to is:
Most of the car insurance policies are for a 12-month term only and need to be renewed by the policyholder at the end of the year. This means that you'll have to initiate the car insurance renewal process at least a few days before the expiration date. Generally, a grace period of one month is provided to the policyholders to allow them to get all the paperwork in place that's needed to get a car insurance renewal in the UAE. If you think that you already have the best car insurance in Dubai which meets all your needs, you can continue with the same car insurance policy. However, in case you are not satisfied, you can find the best car insurance in Dubai on policybazaar.ae
You need to renew your car insurance before its expire date. Car Insurance renewal takes less than a minute when you renew your car insurance online in Dubai and the rest of the UAE. All you have to do is:
The steps may differ slightly as per the insurance provider but the gist of the process remains the same. You can also renew the insurance plans offline by contacting the insurance broker or the branch office.
In recent years, there has been an exponential increase in road accidents in the UAE. There are several reasons behind such mishaps and that is precisely why car owners should know all about car insurance claim procedures in the UAE. Keeping yourself educated avoids unnecessary hassles of filing wrong claims and delayed reimbursements or rejection. Having a clear idea of what’s to be done after a car accident is always a bonus. Here’s a quick guide of steps that need to be followed:
If the right claim filing procedure isn't followed, your claim might get rejected. Here are a few simple steps to help you in filing your car insurance claim in Abu Dhabi, Sharjah, Dubai, and the rest of the UAE:
Step 1 - Inform the Insurance Provider ASAP
Contact your car insurance company as soon as possible to ensure a fast and hassle-free claim settlement in the UAE.
Step 2 - Cooperate and Provide Complete Information
Notify your insurance provider with complete information to support your claim like your full name, policy number, policy duration, date & time of the accident, a copy of the driver's license & license plate number of all the parties involved, along with names & contact details of all those involved.
Step 3 - File a Police Report
In case of an accidental or theft-related claim, visit the nearest police station to file a complaint. Make sure to get a copy of your complaint as some car insurance company asks for it.
Step 4 - Get the Vehicle Supervised
Once you have informed your auto insurance provider, a surveyor will be assigned to assess your case. The surveyor will evaluate your case and will inspect and examine your vehicle so that your claim can be duly processed.
Step 5 - Final Settlement
Once the insurer receives the surveyor’s report on the damage and cost of repair, your case will be resolved in compliance with the plans you opted for. In case of a cashless claim, the expenses are directly paid to the network garage.
Policybazaar.ae is committed to offering an extensive range of insurance products to cater to the needs of a variety of vehicle owners. You can buy cheap car insurance in Dubai and the UAE by comparing various plans at Policybazaar.ae. Apart from this, we allow you to easily navigate through a platform that lists some of the best car insurance Dubai online, all in one place. Here is a list of reasons for you to buy your car insurance in Abu Dhabi and the rest of the UAE from Policy Bazaar UAE:
Ans: A vehicle insurance policy is valid for 12 months and has to be renewed annually. In case you fail to renew your plan, a 1-month grace period is offered so that you can renew your Dubai vehicle insurance plan. This way, the status of your plan can remain active.
Ans: The premium you pay for availing car insurance in Dubai, Sharjah, Abu Dhabi, and the rest of the UAE is affected by several factors such as the following
Ans: A comprehensive car insurance plan includes the benefits of a third-party liability plan with that of own damage plan. It provides insurance coverage for damage repair expenses of your own automobile and those of any property because of a road mishap.
Apart from accidents, the instances mentioned below are covered as well.
Since a comprehensive car insurance plan offers enhanced insurance benefits, it comes at a higher insurance premium for obvious reasons. While a comprehensive insurance plan offers adequate insurance coverage, it is available only if your car is less than seven years old.
If you buy a comprehensive insurance plan, you can opt for some add-on covers in order to avail the desired coverage. Add-ons like personal accident cover, death cover for the driver as well as other passengers, an extension of the area(cross-country) to file a claim, coverage for rental vehicles etc. are widely opted for by the insurance buyers.
Ans: If you buy third-party liability coverage, you can enjoy insurance coverage for damages caused to a third-party in case your vehicle meets with an accident. It provides coverage in case there is a loss of life or any bodily injuries caused or damages are caused to a third-party’s property because of an accident caused by your car.
While it comes at an affordable premium, it doesn’t offer coverage for any damage caused to your own automobile.
Ans: By Law we need to have car insurance in the UAE to drive a vehicle legally in UAE.
Ans: Here is the difference between a comprehensive insurance plan and a third-party liability car insurance plan.
|Third-Party Liability Insurance Plan||Comprehensive Insurance Plan|
Ans: No. Your car insurance price in Dubai is calculated on the basis of your profile, so your insurance policy can’t be transferred to the new buyer. In case you plan to sell your car, you’ll first have to cancel your insurance plan so that the new car owner can buy vehicle insurance plan afresh. However, some companies allow you to transfer your car insurance in Dubai, Abu Dhabi, Sharjah, and the rest of the UAE to another buyer.
Ans: Yes, some auto insurance plans provide car insurance coverage for off-road damages. However, the insurance can only be claimed if the automobile is used for the purposes mentioned in the policy. In case it is being used for competitive events or race events, no coverage will be provided. While the T&C (terms & conditions) for off-road cover varies from insurance company to insurance company, make sure you read the policy wording carefully before buying.
Ans: There are various factors that affect your car insurance in Dubai price. These factors include the driver’s age, the driver’s location, vehicle type, vehicle’s value, claims history and the insurance buyer’s driving experience.
Ans: Anyone can buy car insurance in the UAE provided he/she is a resident and falls in the age group from 25 years old to 65 years of age, having a valid driving license since 1 year or 2 years in case they have transferred from another country to UAE.
Ans. The Insured Declared Value (IDV) is the current market price of your car/vehicle at any given point in time. It is calculated by subtracting depreciation applicable on the car from the initial showroom price of the car on which you bought it.
Ans: Yes, you will need a valid, working insurance policy for your car to successfully register in UAE.
Ans: This is a gift/reward system that gives car insurance holders a discount for every claim-free year they spend with their car insurance policy in Abu Dhabi and the rest of the UAE. It is given in the form of a discount on the premium payable. No claim bonus increases every consecutive claim-free year and the rates generally differ as per the policies of insurance companies. So, if you have a payable premium of AED 1,000 and the no claim bonus is 10% then you will only have to pay AED 900 as a premium for that particular year.
Ans: Yes, no claim bonuses are easily transferable from one insurance policy/provider to another as long as it is opted by the same person. Although you cannot transfer a No Claim Bonus to another person (not even when selling the car) because it is a discount given to the driver/policyholder for not making any insurance claims.
Ans: Almost all insurance providers have an online database of insurance policies with them. You can easily use your log-in details to find and download the document of car insurance online via the portal of your car insurance company if they have the service available.
Ans: A no claim bonus retention or NCB retention cover is an add-on service that can be opted for when buying comprehensive car insurance in Abu Dhabi, and the rest of the UAE. It ensures that the policyholder gets to redeem the no claim bonus discount even after filing an insurance claim in the concerned year.
Ans: Most car insurance companies Dubai do not cover paid drivers in their basic plan services but they do offer an add-on that allows the policyholder to buy an extended insurance cover for their paid drivers. Check with the insurance company individually to make sure they offer the said service.
Ans: Car accessories are broadly divided into two types – electric and non-electric. Accessories like the air conditioner, music system, brake lights, etc. are considered electric accessories. Interior fittings, alloys on the wheels, car seat covers, etc. are considered as non-electric accessories.
Ans: The premium of your car insurance will be higher if it is recognized as a high-risk vehicle by the insurance company and vice-versa. Since anti-theft devices for cars lowers the risk of theft significantly, installing them significantly lowers the premium of car insurance that you are buying.
Ans: Yes, you can always cancel a claim after you have filed it already and happen to change your mind. Just contact the insurance company via your broker or the customer service portal and ask them to initiate the cancellation process.
Ans: As long as the current insurance policy still has 7+ months remaining before its expiration, it can be transferred to the new owner of the vehicle. If it is less than 7 months, you will have to file a cancellation of the policy and the insurance company will settle the refund amount on a prorated basis.
Ans: No, one car can only be insured under one insurance policy at a time. You can choose to get multiple add-on services but it will still have to be under a single policy only.
Ans: A car insurance policy can be issued for the basic 1-, 3- or 5-year period as per the choice of the policyholder. This simply means that you will have to renew the policy after 1, 3 or 5 years, whichever one you happen to choose. However, the choice of the issuable period depends on the options available with the insurance provider.
Ans: You are advised to renew your car insurance in Sharjah, Dubai, Abu Dhabi, and the UAE a day prior to the expiration of last year’s car insurance. However, in case if you are unable to renew car insurance on time, as per the laws of RTA, you will be granted a grace period of 30 days after the expiration to renew your car insurance in the UAE.