Volkswagen is a Germany-based automobiles company that manufactures cars in various models to cater to a wide variety of buyers. The company was established in 1946 in Wolfsburg, Germany. In the UAE, it has rolled out top four models – Volkswagen Tiguan, Volkswagen Jetta, Volkswagen T-Roc, and Volkswagen Polo. The make and model of these cars can affect the amount of insurance premium, which is why one must perform thorough research before choosing a suitable insurance plan for their Volkswagen car.
We have listed here the types of Volkswagen Car Insurance policies, the way of calculating their insurance premium, the inclusions, exclusions, add-ons, and more. And not just that! Here, we will also take you through the ways of buying the best Volkswagen insurance policy based on your financial preferences.
Volkswagen Car Insurance Premiums
The insurance companies in the UAE offer reasonable car insurance rates for Volkswagen cars. The amount of the insurance premium depends upon the type of insurance coverage the policyholder chooses. Let us check out how the policyholder can evaluate the estimated insurance premium they need to pay to the insurance company based on their choices.
To Cover Own Loss or Damages
The sum assured of the insurance policy that covers the policyholders’ expenses for the loss or damage caused to the vehicle in the event of an accident is calculated based on the Insured Declared Value of the vehicle. There are various factors that impact the insurance rates of such policies. The factors include the present market value of the vehicle, depreciation percentage of the vehicle, the age of the vehicle, etc. Sometimes, the car insurance companies also count the car accessories to evaluate the final Insured Declared Value of the vehicle.
To Cover Third-Party Loss or Damages
According to UAE law, it is essential for each car owner to buy a third-party car insurance policy. Third-party car insurance policies help policyholders cover themselves against the loss or damage caused to a third-party vehicle in case of an accident caused by the insured vehicle. The insurance policy helps policyholders pay for the loss, damage, or bodily injuries caused to third-party passengers. With third-party car insurance policies, the insurance company evaluates the sum assured based on the type of coverage chosen by the policyholder.
Types of Volkswagen Car Insurance Policies
Here are the two major types of Volkswagen car insurance policies in the UAE.
Comprehensive Car Insurance: Comprehensive car insurance policies provide coverage against loss or damage caused to the insured vehicle in the event of an accident or a natural disaster such as hailstorm, windstorm, earthquake, flood, and more. It also covers the expenses for the loss or damage caused to a third-party vehicle hit by the insured vehicle. Additionally, it covers medical expenses for the insured person and the passengers travelling in the insured and the third-party vehicle.
Third-Party Car Liability Insurance: Third-party car insurance policies offer coverage against loss or damage caused to the third-party vehicle in the event of an accident done by the insured vehicle. These types of car insurance plans do not provide any coverage for the insured vehicle. However, the policyholder can use this policy to pay for the medical expenses incurred due to bodily injuries caused to people travelling in the third-party vehicle.
Major Reasons to Buy a Volkswagen Car Insurance Policy
Here are a few major reasons why one must buy an insurance policy for their Volkswagen car.
Attractive Insurance Rates - Volkswagen car insurance companies offer attractive and budget-friendly insurance rates for the policyholders. Additionally, they also offer various useful covers and add-ons at reasonable prices to help policyholders get the best out of their insurance policies.
Cashless Benefits - Volkswagen car insurance offers a wide range of cashless benefits to enable policyholders to get hassle-free repair services at the garages and workshops. With cashless claims, the policyholder needs to register the claim and provide the essential documents to have the insurance company directly pay for all the expenses. This helps policyholders get their vehicles up and running in very less time.
Fulltime Available Services - Volkswagen car insurance companies offer fulltime available help and support desks for the policyholders. The policyholders can contact the insurance representatives anytime to avail of an easy pickup and drop facility in case of a vehicle breakdown.
Useful Add-on Covers - Volkswagen car insurance companies also offer various beneficial add-on covers such as no-claims bonus, engine protection, zero depreciation, return to invoice, and more for the policyholders. They can go through the entire list of add-ons on their insurer’s website and choose the suitable ones to add to their car insurance policy. The policyholders can also modify their add-ons list at the time of policy renewal to make their policy a better one.
Quick Claim Registration Process - The best part about the Volkswagen car insurance companies is that they offer a quick and simple claim registration process for the policyholders. All they need to do is contact the insurer and inform them about the loss or damage caused to the insured vehicle. They also need to provide the documents such as the police accident report in case of an accident to support the information.
Easy Policy Renewal Process - Volkswagen car insurance companies offer a simple insurance policy renewal process to help policyholders renew their car insurance policy in just a few clicks. They can either visit their insurer’s or the aggregator’s website to renew their car insurance policy without any hassle. The policyholders need to provide their policy details such as the policy registration number, the policy registration date, the vehicle number, and more on the portal to renew the insurance policy. The policyholders can also utilise the benefits of no claims bonus at the time of policy renewal.
Volkswagen Car Insurance Inclusions
Here is the list of Volkswagen car insurance inclusions.
Personal Accident Cover - Volkswagen car insurance policies offer coverage against medical expenses incurred due to bodily injuries caused to the passengers travelling in insured and the third-party vehicle in the event of an accident.
Third-Party Liability - The Volkswagen car insurance policies also cover third-party property loss or damage caused due to an accident done by the insured vehicle. The third-party car insurance cover includes coverage against bodily injuries, temporary or total disability, or death caused to third-party passengers in the accident.
Agency Repairs - Agency repairs enable policyholders to get their vehicle repaired in one of their car company’s garages or workshops. Volkswagen car insurance policy offers coverage agency repair services and enables policyholders to avail of quality repair services at their car manufacturer’s garage. However, the service cannot be availed of if the vehicle is older than three or more years.
Fire & Explosion - Volkswagen car insurance policies also provide coverage against loss or damage caused to the insured vehicle due to fire, lightning, theft, explosion, self-ignition, etc.
Natural Disaster - Volkswagen car insurance policies also offer coverage against loss or damage caused to the insured vehicle due to natural calamities like floods, earthquakes, storms, hurricanes, or other shakings of nature.
Riots or Strikes - Volkswagen car insurance policies cover loss or damage caused to the insured vehicle due to disturbing and malicious activities like strikes, riots, terrorism, etc.
Roadside Assistance - Volkswagen Car Insurance policies offer emergency roadside assistance services for the policyholders to help them in case of vehicle towing, empty fuel tanks, car breakdown, and more.
Legal Liability - Volkswagen car insurance policies cover legal expenses of the policyholder and their immediate family members in the event of an accident caused to the insured vehicle.
Tyre Replacement - Volkswagen car insurance policies also help policyholders with tyre replacement requirements in case the car breaks down due to flat tyres while travelling. However, the service is not provided if the tyres go flat while the vehicle is at home.
Volkswagen Car Insurance Exclusions
Here is what a Volkswagen car insurance policy does not include or provide coverage for.
Electrical or Mechanical Breakdown - Volkswagen car insurance policies in the UAE do not cover damage or loss caused to the insured vehicle due to a mechanical or electrical breakdown.
Illegal Driving - Volkswagen car insurance policies do not cover damage or loss caused due to illegal driving. They do not cover accidents caused when drivers are either under the influence of alcohol or do not have a valid driving license.
Non-Accidental Damage of Car Tyres - Volkswagen car insurance policies do not cover loss or damage caused to the insured vehicle in an accident that occurred due to its flat or damaged tyres.
Damages Due to Nuclear Perils - Volkswagen car insurance doesn’t cover the loss or damage caused to the insured vehicle due to nuclear perils.
Usage outside the Geographic Limit - Every insurer sets a geographic limit for each Volkswagen car insurance policy. All the losses and damages caused outside that geographic limit are not covered by the insurance company.
Depreciation Value - A standard Volkswagen car insurance policy doesn’t cover the depreciation value of the vehicle in the event of an accident. However, the policyholders can take an add-on for the same to get it covered.
Volkswagen Car Insurance Add-On Covers
Here are a few major add-ons that policyholders can add to their Volkswagen car insurance policy to make it a perfect coverage package.
No Claims Bonus Protect - Volkswagen car insurance companies in the UAE offer an amazing add-on called No Claims Bonus for the policyholders. With this add-on, the policyholders can get a discounted premium amount at the time of policy renewal if they have not reported any claim in the previous year.
Zero Depreciation Cover - Zero depreciation is another useful add-on that the Volkswagen insurance companies offer for the policyholders to help them get the entire value amount of the car in the event of an accident. If the policyholder includes this add-on in the insurance policy, the insurance company does not deduct any depreciation value amount at the time of the insurance claim.
Return to Invoice - With regular Volkswagen car insurance plans, the insurance company pays the insured declared value of the car in case it gets fully damaged in the event of an accident. However, if policyholders buy the Return to Invoice add-on, they can also get the difference between the Invoice Value and the Insured Declared Value in addition to the insured declared value evaluated and paid by the insurance company.
Key Lost Assistance - This add-on can be proved to be a great help in case the policyholder loses the car keys or leave them inside the vehicle by mistake. For the Volkswagen car insurance policies with the Key Lost Assistance add-on, the insurance company provides an immediate key lost assistance service to help policyholders unlock their car at the earliest.
Engine Protection Cover - Engine protection cover in a Volkswagen car insurance policy helps policyholders get their car engines repaired quickly and with great ease. With this add-on, the policyholders can report the claim for the engine repair in covered accident types and natural disasters.
Cost of Consumables - The policyholders can include this add-on to their Volkswagen car insurance policy to get the cost of consumables such as nuts and bolts, washers, engine oil, and more.
Emergency Assistance - The add-on helps policyholders get emergency roadside assistance with great ease in case their vehicle breaks down in the middle of the road. Volkswagen car insurance companies offer this add-on to assist with concerns like empty fuel tanks, car towing, flat tyres.
Daily Conveyance Cover - A daily conveyance benefit added to a Volkswagen car insurance policy covers daily conveyance expenses that the policyholders pay while the reported claim remains in progress and the vehicle stays in the garage for repair.
Documents Required by Volkswagen Car Insurance Claims
Here are the documents required to claim a Volkswagen car insurance policy.
Car Insurance policy registration documents
Car Insurance Claim Form
Volkswagen car registration documents
An accident or FIR report created by Police.
Estimated repair bill of the vehicle
Detailed bill payment receipts
Driving license of the driver at the time of the accident
How to Buy a Volkswagen Car Insurance Policy Online?
Here are a few simple steps you can follow to buy a Volkswagen car insurance policy.
Visit the Aggregator’s Website - The buyers can visit our website to buy a Volkswagen car insurance policy of their choice. All they need to do is go to the car insurance section and explore their policy options based on their preferences. The buyers can also contact our help and support team in case they need further assistance with the insurance policy purchase.
Provide the Details - After choosing a car insurance policy to purchase, they need to provide their details such as name, address, model number, and more. They need to provide supporting documents such as identity proof, address proof, and income proof to support the information provided. The buyers can upload the documents on the portal they are using to buy a Volkswagen car insurance policy.
Choose the Type of Coverage - Based on the outcomes and other financial preferences, the insurance policy buyers can choose the type of insurance coverage they need. They can choose to buy a comprehensive car insurance plan if they want to get insurance coverage for their own and the third-party vehicle in the event of an accident. If not, they can also choose to buy a third-party car insurance policy if they are just looking for basic coverage against third-party expenses.
Calculate the Premium Amount - Once the buyers have shortlisted the car insurance plan to buy, they need to evaluate the premium amount to be paid every month or year. They can create a premium payment schedule based on their financial preferences. They can also use the car insurance premium calculator available on our website to evaluate the estimated car insurance premium by providing details like the vehicle model number, registration year, fuel type, and more. They must mention correctly the information as there are some factors such as the age of the vehicle, the age of the driver, location, etc. affect the premium amount.
Pay the Premium - Once done with providing the required details and uploading essential documents, the buyers can choose the suitable add-ons based on your insurance needs and finalise the required insurance coverage. They can then proceed to pay the premium amount to complete the purchase process. The buyers can use their debit cards, credit cards, or secured wallets to make the insurance premium payment on the portal.
How to Renew a Volkswagen Car Insurance Policy?
The car insurance policyholders can renew their Volkswagen car insurance policy on two different portals – on our website or the insurer’s website. Here are the steps for both ways to help policyholders renew their car insurance policy without any hassle.
On the Insurer’s Website
Here are the simple steps to follow when renewing your Volkswagen car insurance Policy on the insurer’s website.
Go to the Website: First, the policyholders need to visit the website and go to the policy renewal section.
Provide Your Details: Next, they need to provide their Volkswagen car insurance policy details such as the policy registration date and number to fetch out their policy details.
Review Add-Ons: Once the policyholders have their insurance policy details up on the screen, they can review the existing add-ons and add the new ones based on their needs. The policyholders can also make changes to other details, if required.
Pay the Premium: Once the policyholders are done with all the required changes, they can proceed to the payments section to pay the insurance premium to complete the renewal process.
Check the Policy Status: It takes a few minutes for the portal to update all the details. The policyholders can refresh the browser window to check if the changes have been applied and the policy has been renewed successfully or not.
Here are the simple steps to follow when renewing the insurance policy by visiting our website.
Visit the Website: The policyholders need to visit our website and go to the Menu Bar to select the Renewal Tab to renew your Volkswagen car insurance policy in just a few clicks.
Provide Your Details: They need to provide their insurance policy details such as the policy registration number to fetch the details. This helps them review all the policy details in one go.
Verify the Add-Ons: Once the policyholders have their policy details up on the screen, they can review the existing add-ons and add new ones based on their insurance coverage needs. The best part about our website is that the policyholders get the entire list of available add-ons to choose from. They can check all the options and add suitable covers to make a perfect insurance package.
Pay the Insurance Premium: Once the policyholders have made all the required changes, they can go ahead and pay the insurance policy premium to complete the Volkswagen car insurance policy renewal process. The policyholders can also avail of the benefits of a no-claims bonus on this page.
Renew Your Policy: After making the premium payment, the policyholders can refresh the online portal page to check the updated status of their Volkswagen car insurance policy.
How to Claim a Volkswagen Car Insurance Policy?
Most car insurance companies in the UAE offer coverage for different Volkswagen Car variants. These insurance companies come with a huge network of garages where the policyholders can get their cars repaired without any hassle. Based on their insurance policies, the policyholders need to choose one of the network garages to get their vehicle repaired. The network garages offer cashless benefits for the policyholders while providing quality service for the insured vehicle.
On the flip side, if the policyholders choose to get their vehicle repaired in one of the non-network garages, they need to pay for your repair expenses first and get the same reimbursed by the insurance company later on.
Here are a few simple steps to follow when reporting a cashless VW car insurance Claim.
Report the Claim: First, the policyholders need to contact their insurance company to report the claim. They also need to report the same to the police in the event of an accident. This helps them get the accident report which is one of the mandatory documents on time.
Visit the Garage: Once the claim gets registered, the car insurance company contacts the insured person to share the network garage details. The policyholders need to take their vehicles to the nearest network garage if they want to avail of cashless benefits.
Get the Estimation Report: Upon reaching the garage, the policyholder needs to get their car inspected and have an estimation report created by the garage people to process the reported claim. The estimation report for the damage caused to the insured vehicle is also one of the essential documents to be provided to the insurance company in order to get the claim amount. The network garage sends this document to the insurance and gets the approval to start with repairs.
Submit the Required Documents: Once done, the policyholder needs to provide the remaining required documents to the insurance company in order to get a quick claim approval. The policyholder needs to provide the driving license of the person driving the car at the time of the accident, policy registration documents, car registration documents, and other documents required by the insurer.
Collect Your Car: Once the claim gets approved, the garage starts with the repair. With cashless claims, the policyholder has nothing to do with the repair expenses as the insurance company directly pays the same to the garage. The garage informs the policyholder once the vehicle gets repaired. They can visit the garage, check the vehicle and go for a test drive to make sure that it works fine post repair.
Here are a few simple steps to follow when reporting a reimbursement Volkswagen car insurance Claim.
Report the Claim: Just like the cashless claims, the policyholders need to contact their insurance company to report the reimbursement claims as well. They also need to report the same to the police in the event of an accident and get the accident report created for the same.
Visit the Garage: As this is a reimbursement claim, the policyholder needs not to get the garage details from the insurance company. They can visit one of the nearest garages and get their vehicle repaired. However, they need to get all the payment receipts and repair documents to get the insurance claim approves without any hassle.
Submit the Required Documents: Next, the policyholder needs to provide the garage with all the necessary documents and vehicle details to have them start with the repair at the earliest. They also need to contact the insurance company and provide police accident reports, insurance policy registration documents, car registration documents, and other required documents.
Claim the Reimbursement: Once the vehicle is repaired and the policyholder has got all the documents, they can go ahead and claim reimbursement from the insurance company. They need to provide all the bills and a detailed report of all the expenses incurred when claiming the reimbursement.
Get the Coverage Amount: As soon as the Volkswagen car insurance company verifies all the documents, they will disburse the coverage amount into the policyholder’s bank account. Reimbursement claims usually take a little longer than cashless claims to be approved.
What are the factors that affect Volkswagen car insurance premium?
Here is the list of factors that affect the car insurance premium in the UAE.
Age of the Car
Type of insurance coverage selected
Insured Declared Value of the vehicle
Claim history of the vehicle
Model Number and Variant of the car
Prices of selected add-on covers
Are Volkswagen cars expensive to insure?
The insurance companies in the UAE offer Volkswagen car insurance policies at lower insurance rates. The amount of premium depends upon the type of coverage and the add-ons chosen by the policyholder.
How can I buy a Volkswagen car insurance policy?
You can simply visit our website and go to the car insurance section. You need to provide your details to help us shortlist the best-fit insurance plans based on your preferences. Once you have the list, you can choose the Volkswagen car insurance policy that offers you all that you want. You can also contact our help and support team to explore more options or know more about the chosen car insurance plans.