Driving A Car In UAE
The past decade that has gone by has seen the insurance industry in Dubai grow as rapidly as the city itself. A number of new companies dealing in insurance have been set up in Dubai, which are mostly locally owned and are small business enterprises. These companies cater and fulfill the insurance demands of the local and also expatriate population of the city. Insurance policies that are followed in Dubai are quite similar to those that exist in the West. Insurance covers are of various kinds and among them, car insurance is one of the most common types of insurance that is demanded by the car owners and offered by the insurance firms.
Insuring you car protects you from any kind of loss involving you car. Coverages that are available and may be bought are
Property damage , Coverage of bodily injury, Physical damage due to collision.
Car insurance is one among the few personal insurance types that are modeled to meet ones daily requirements. In order to get your car registered in Dubai, you first need to have the adequate insurance papers. Only then can the car be registered in the city. Thus, it is a legal requirement in Dubai to have at least a third party insurance cover for your car. For this, there are a quite a few third party insurance brokers in Dubai to choose on from. However, the car and not the diver are insured in this case.
The insurance amount and premium in Dubai is calculated according to the make and model of the car that is bought and is usually made available at the showroom itself. All the insurers look at are the usual stuff such as manufacture year of the car and its price and chassis number. A rate of 4% to 7% is considered to be a good deal. Before you decide to go for any insurance cover, make sure to find out the cost and premium amount of the insurance cover that you are going for.
The benefits that you can on insuring your car in Dubai are as follows
Emergency medical expenses , Driver gets an injury cover , Recovery service which is round the clock , Repairs for the car is guaranteed , You also get an off road car coverage , It is also a simple enough procedure to go through , Third party cover for members of the family , Additional insurance covers for a nominal additional amount
Car insurance in Dubai besides being a legal requirement is also beneficial in itself to the insured as it provides a cheap and easy way of covering losses in case of damage involving your car. Otherwise, all the damage costs would have to be borne from your personal account making your finances go haywire.
Car insurance types available in Dubai are:
Third party, Theft & Fire also known as TPFT, Comprehensive and Fully Comprehensive , Comprehensive with options , Comprehensive premium level
It is always advised to one to search a good number of automobile insurance companies and seek personal opinions about them before selecting any one of them. This is to help you select the company which provides the highest degree of customer satisfaction and service. Insurance is pretty expensive in case of drivers and males to be more specific who are below the age of 25, luxury cars and cars that are more than 5 years old, and such insurance covers are also hard to find. Also remember that drinking driving and crashing does not warrant any insurance cover.
For a person looking for cheaper deals, visiting an insurance broker is a good idea. Many banks too provide brokerage service in Dubai. Also, one can look to bargain and negotiate with insurance companies for cheaper deals. For an overseas person get a no claims bonus certificate that is original. This is because these certificates fetch a discount of 0% to 40% on the original rate in Dubai.
The best way to go around searching for a cheaper car insurance policy is to shop around a lot. Also go for policies which exclude what you might not require. Also your insurers must be kept up to date with all your information. Another aspect is pay the premium annually, get yourself a garage and search and buy insurance policies online you get a good deal.
So if you intend to be driving legally in the city of Dubai, then better get your car insured.
Want to know more information about driving a Dubai car, then visit Andy’s site where you can select the right auto insurance policies in Dubai UAE for you.
