Buy Car Insurance in 20 Seconds!
Car Insurance, also known as Motor Insurance is a way to prevent financial losses in case of defilement to your vehicle due to an accident or theft. With an auto insurance policy, you are required to pay annual premiums to mitigate damage-associated costs. The Car insurance company pays all or most of the cost that’s involved in damage repair.
Your vehicle is secured against annual premiums that you pay for a car insurance policy. Car Insurance premiums are dependent on several factors like - age, driving behavior, driving experience, etc. It is mandatory to have car insurance in UAE by RTA law. Apart from the bare minimum, mandatory Car insurance in Dubai, people purchase several add-ons to ensure better safety and wider coverage.
What can usually lead to higher premiums is a poor driving record and willingness for a better, custom-tailored car insurance cover.
** All the discounted prices are with a maximum allowed discount on our website and exclusive of VAT
Mentioned below are 2 different types of car insurance policies offered in the UAE. Based on the preference, one can easily compare car insurance online -
It is mandatory to have third-party liability insurance for every car owner in the UAE. It is the most basic form of car insurance Dubai, as it offers protection against any liability arising due to third-party bodily injuries or property damage caused by the insured vehicle.
Policy holder’s own damage like accidental collision, fire, and theft is not covered by third-party insurance. Anyone who is buying third-party car insurance should be ready to meet the repair expenses arising from an accident on their own.
Comprehensive car insurance protects the insured vehicle from all the damages arising out of theft or fire, and also pays out to the third party libility in case of an accident leading to damage, injury or death to a third party.
Here are some names that are known to provide impeccable car insurance services in the UAE:
Price of a car insurance policy may vary greatly depending upon a host of factors. Here we’re listing a few of them to give you a sneak peak into what might fetch additional costing to an auto insurance plan:
One of the main factors that can contribute to car insurance UAE prices is 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.
Another important factor that helps in determining car insurance prices is the driver’s age. For drivers aged 23-24, it’s 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 cost is approx 15% of auto insurance premiums plus original cost. Drivers aged 30-60 years, can avail a discount of 10% on the premiums.
Statistically, young drivers are more prone risky driving, hence charged premiums.
Car Insurance Dubai price is dependant on the kind of coverage that’s opted for. People opting for a third-party liability car insurance pay lower insurance premiums in comparison to those with comprehensive car insurance policy. That’s because third party car insurance Dubai price is lower in the UAE.
Type of vehicle is yet another important factor that can add to car insurance UAE price. With a basic car you pay lower premiums. However, high-end cars or SUV, attract a higher car insurance. The reason being, higher maintenance for high-end cars.
Here is a list of tips that will help you in choosing a car insurance plan that provides good coverage at affordable rates. You can use these tips to get best car insurance in UAE:
When you’re clear on what you’re looking for, it becomes easier for you to analyse whether a plan fulfils your car insurance expectations or not.
Keep a check on the background of the chosen insurance provider. Anyone with 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 a car insurance. Instead of opting for the first plan that you come across, it’s wise to compare car insurance plans in Dubai to get a fair idea of what are your best available options. By comparing car insurance in Dubai online, a quick and informed insurance decision can be made.
It is important to analyse the coverage offered by a provider and make sure it is at per your expectations. Refrain from buying inadequate insurance coverage that might lead to regrets in future.
It’s important to settle with an insurance provider 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.
With so many insurance providers moving to online platforms, it has now become easier than ever to compare car insurance policies online and buy one that suits your needs. An online purchase is convenient, efficient and quick. Here’s how you can compare plans online and buy them too:
Online Marketplace: It’s not practically possible to visit each insurance provider’s brick and mortar store. However, this is possible with an online platform that has all the car insurance plans listed at one dedicated platform. Here, you can select a few plans that are closely aligned to your requirements and weigh one against another to pick the best one.
Best Car Insurance Deals are Available Online: It’s evident that by comparing you can get the best of your car insurance investment. There are several discount that are often running online, so you might has well get a further discount on your deal.
Chose the Plan Online: Choosing to buy car insurance online and get rid of the extensive paperwork that can keep you feeling confused for hours at a stretch. Once you’ve selected the plan, you can move towards the payment gateway and make payments to receive your policy.
Online platforms are know for transparency as their benefits, rewards, and pricing can be viewed and compared online. This platform also eliminates the risk of fraudulent activities by bypassing the need to talk to talk to an agent.
Apart from buying a car insurance policy online in Dubai, you can also opt for easy renewal once the term expires. Policyholders can pay digitally and renew their policies instantly without the hassles of visiting a provider’s officer.
At the time of issuing a motor insurance policy, there are some of the common services that are provided by auto insurance companies in 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 existent plan.
Car Insurance Policies in Dubai will not cover for losses or stand nullified if you are:
No Claim Bonus is a discount offered to a policyholder for not claiming the insurance policy during an active term. It can be availed of for while renewing the vehicle insurance policy next year. Some of the benefits of NCB are:
With so many options available online, it has become easier to browse through a list of best car insurance plans in UAE and opt for one that best suits your needs. To bag yourself a cheap insurance plan, all you have to is:
To ensure the right car insurance UAE, the online comparison is a must. The details that are required to get a quote include:
If you are renewing your car insurance plan with a new insurance provider, then you will need the following documents –
In recent years, there has been an exponential increase in road accidents in the UAE. There are sever reasons behind such mishaps and that is precisely why car owners should know all about car insurance claim procedure in UAE. Keeping yourself educated avoids unnecessary hassles of filing wrong claim 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 Dubai, UAE:
Step 1 - Inform the Insurance Provider ASAP
Contact your car insurance provider 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 providers ask 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 surveyor’s report on the damage and cost of repair, your case will be resolved in compliance to the plans you opted for. In case of 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 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 insurance plans online, all in one place. Here is a list of reasons for you to buy your health insurance policy from policybazaar UAE:
Ans: A vehicle insurance plan 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 vehicle insurance plan. This way, the status of your plan can remain active.
Ans: The premium you pay for availing car insurance is affected by several factors such as the following
Ans: A comprehensive 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 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 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 insurance premium 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 a fresh insurance plan.
Ans: Yes, some auto insurance plans provide 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 premium. 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 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.