According to a report, there have been more than 3000 accidents reported per year in UAE which is quite terrible. Due to this rate of accidents, UAE RTA laws have become more gripping around to provide more safety to the motorists.
Today, car insurance has become mandatory in UAE. So if you do not want to lose on a large amount of Dirhams, it would be wise to spend a small amount right now in the form of your car insurance policy.
Before going further, you must peek into the scenarios in which you are eligible to claim for your car insurance in UAE
Insurance TopUp is the most affordable online insurance firm in UAE that is partnered with the best insurance providers worldwide. From providing car insurance comparison to streamlining the insurance process for you, Insurance TopUp is reliable source to trust on.
Looking for the most affordable insurance services? Get your free car insurance quote from insurance TopUp right now.
Here we have broken down the categories of vehicle insurance in UAE. We assure you that through this car insurance comparison, you would be able to pick up the most appropriate policy.
Have a look!
What is Third Party Liability (TPL) Insurance?
Starting from the most basic vehicle insurance policy, 3rd party car insurance in Dubai is the cheapest policy that you can opt for. It offers very limited services in case of an accident, this is why it is cheaper than the other one.
Under this policy coverage, your insurance company only pays for the damage that occurs to the other vehicle or property due to your negligence. Keep it in mind that it doesn’t pay for your lose. No medical expenses, no repairs, nothing else.
In case an insured vehicle causes damage to the third person, the driver may contact his insurance provider to remunerate the injury or repair expenses of the other side.
So why does people pick up this policy over the other one? The answer lies in its cost effectiveness.
Also those who are confident on their excellent diving skills mostly go for this type of policy.
Precisely quoting, if you are purchasing this policy from car insurance company in UAE, you have to pay your repair expenses from your own pocket.
If you want to enjoy some extra add-ons like fire or theft coverage, you have to pay some extra amount.
What is Comprehensive Car Insurance?
Simply put, Comprehensive car insurance covers third party car insurance plus the medical and repair expenses which are caused to your belongings as a result of an accident.
Sounds more beneficial? Yes, it is!
As it provides a wide coverage, so this policy is an expensive yet more recommended option. It is better to invest some extra Dirhams now rather than regretting over a larger financial lose later.
It covers a broad spectrum of expenses, from medical to repairs to windshield replacement, every finance comes under comprehensive car insurance in Dubai. This policy is in the driver’s favor whether the driver is at fault or in case of fire or theft, this is a go-to policy.
Fix in mind:
Comprehensive insurance is a necessity in case of car loan. The bank requires you to purchase it at least for the duration of the loan term in order to make your car protected. You can leverage various other benefits depending upon the bank policies.
Comprehensive insurance in Dubai does not cover the damages which are caused under Alcohol consumption.
Make sure to fully understand the clauses, terms and conditions of the policy you intend to purchase.
Make sure to compare vehicle insurance in UAE.