Things to know about car insurance in Dubai

Knowing how to manage your car insurance in Dubai will help you prevent undesirable financial losses due to accidents or thefts. If you own a car in Dubai, it is mandatory to get it insured. Here are few things to keep in mind while you are getting your car insured from the best car insurance in Dubai, UAE..

Benefits of car insurance

A car insurance policy will help you cover your losses from unpredictable damage to your vehicle. You will also get to enjoy unlimited liability for third-party death or injury claims. You can also enjoy protection from financial liability.

Estimating the cost of car insurance

There are many renowned insurance companies in Dubai providing car insurance to residents. The offers, coverage features, and cost of insurance differ between these companies while also depending on several other factors. The cars that cost more than 300,000 AED will have to endure an average insurance rate of 2.8%. For cars priced between 100,000 AED and 300,000 AED, the average rate is 3%. The cars that cost lesser than that will have to pay an average rate of 3.25% of car value. If you are aged between 23 and 25, you will have to pay an additional 25% to your basic rate. Between 25 and 30, there is an increase of 15%. And if you are aged between 30 and 60 years old, you can enjoy a discount of 10%.
Similarly, the type of car also plays a major role in determining the insurance rate. Brand new cars enjoy a lesser rate compares to older cars. And sports cars need to pay extra compared to domestic types.

How to find the best car insurance service in Dubai/UAE?

Below is a list of things to keep in mind while choosing car services in Dubai/ UAE.

• Make sure you have the necessary documents before buying insurance. You need to have a copy of the passport main page, a copy of the visa page, a copy of your driving license, and a copy of registration card. If you are the owner of a brand new car, there are plenty of car registration services in Dubai that will help you register your new car.
• Choose a service provider who has a reputation of providing services that are hassle-free, timely, and professional
• Compare and study various insurance plans for car insurance in Dubai and pick the best plan.
• Know how the insurance premium is calculated and estimate the coverage.

Bottom line

The best car services in Dubai will help you choose the right premium plan to get your car insured. With so many of them moving online, you can also buy your insurance easily from online insurers. It is always best to choose a dedicated platform that can provide a plan closely aligned to your specific needs.

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