Bus Insurance in UAE

What is Commercial Bus Insurance in UAE?

Bus insurance is a legal contract between an insurance company and a policyholder that safeguards the bus against a range of events, including theft, accidents, and natural disasters. You are financially covered as the insurer compensates for the damages, losses, and third-party liabilities.

No matter how carefully you drive the bus on UAE roads, if something unfortunate happens, it can have a significant impact on you, especially on your finances. That’s why purchasing this commercial vehicle insurance policy is inevitable. Plus, it is mandatory to have at least third-party coverage to avoid penalties or fines.

Types of Buses Covered Under Bus Insurance

Different types of buses are covered under commercial bus insurance in the UAE:

• School Buses- Primarily used by educational institutions to transport students from school and colleges
• Public Buses- Used for official purposes by many private organisations or companies to transport employees
• Private Buses- Widely owned by the government to provide transportation services to the residents so that they can travel from one place to another

Why Do You Need Bus Insurance for Your Business?

Buses are used by many businesses in the UAE, including transportation, tourism, and schools. So, if you are using this vehicle for your business operations, whether a large or a mini bus, it’s crucial to have commercial bus insurance for the following reasons:

Mandatory by the Law

It is mandated by the UAE regulatory that no vehicles- whether private or commercial- can be driven on the road without a valid insurance policy. A third-party liability insurance is the basic requirement that every vehicle should meet.

Avoid Fines and Black Points

Driving a bus without insurance is a legal violation in the UAE. Doing this can lead to hefty fines, black points, and even vehicle confiscation. Furthermore, if your licence accumulates 24 black points, it can be suspended for 90 days.

Financial Protection

You can get financial protection with commercial vehicle insurance, as it covers the cost of damage and loss arising from accidents or third-party liabilities. You can rest at ease knowing that you are financially protected with this policy.

Third-Party Liabilities Coverage

If your insured bus causes damage to someone else’s vehicle or property, this insurance will cover the loss. It also protects against third-party bodily injury or death. In short, the policy offers complete coverage for all third-party liabilities.

Coverage for Own Bus Damage

With a comprehensive insurance plan, you can get coverage for your own bus damage if it is involved in an accident. Plus, you can enhance the coverage by choosing a variety of add-ons, including agency repairs, roadside assistance, and geographic extension.

What is Covered Under Bus Insurance?

Listed below are the key inclusions or coverages under commercial bus insurance:

🟢 Accidents

🟢 Thefts

🟢 Vandalism 

🟢 Third-party liabilities

🟢 Bodily injury or death

🟢 Natural calamities, such as fire, earthquake, and flood

What is Not Covered Under Bus Insurance?

Mentioned below are the key exclusions under bus insurance in the UAE:

🔴 Driving without a license

🔴 Regular wear and tear

🔴 War or civil war

🔴 Driving under the influence of alcohol or drugs

🔴 Nuclear damage

🔴 Mechanical breakdown

✍️Please check your policy documents to know the exact inclusions and exclusions of your commercial motor insurance.

Types of Bus Insurance Policy in the UAE

Typically, you can get two types of bus insurance plans: comprehensive and third-party liability insurance. Tabled below are the key details of the following:

How to Buy Bus Insurance Online?

With Policybazaar.ae, you can find the best bus insurance online in the UAE. It’s an online platform that allows you to get the best commercial vehicle coverage within a few clicks:

• Go to the homepage of Policybazaar.ae 
• Select the ‘Business Insurance’ option 
• Click on ‘Commercial Motor Insurance’
• Enter the required details in the lead form 
• Submit the form, and it’s done

Soon, one of our representatives will call you and guide you to choose the right policy.

How to Find Cheap Bus Insurance?

You should understand that various factors, such as coverage type, insurer, add-ons, and more, determine your bus insurance premium. By evaluating the following things, you can find cheap bus insurance in the UAE:

Compare Multiple Insurers

Different insurers offer varying premiums and benefits, so comparing them can help you find the right plan. It enables you to identify the most cost-effective option without compromising essential coverage. Online platforms, Policybazaar.ae, with insurance experts, make it easier to see price differences and choose the best-value policy.

Scope of Coverage

The type of coverage you choose also affects the premium cost. Comprehensive plans with extensive coverage are generally more expensive than third-party liability insurance plans.

Maintain a Good Claims History

Insurers tend to reward customers who show responsible behaviour. If your claims record is clean, you’re seen as a lower-risk policyholder, which often leads to better premium rates. By avoiding minor claims, you maintain a good reputation in front of the insurer, and you can secure cheaper insurance.

Renew on Time to Avoid Penalties

Renewing your bus insurance policy on time keeps you protected and also saves you money in the long run. Late renewals can lead to higher premiums or even require extra inspections, depending on your insurer. By keeping your policy active, you show that you’re a responsible, low-risk customer, and insurers often reward that with better rates. 

Bus Insurance- FAQs