Points to Remember Before Choosing a Car Insurance in UAE

Points to Remember Before Choosing a Car Insurance in UAE

The car is one of your most necessary and valuable assets. So, the need of keeping the vehicle in sound shape and condition is of prime importance. Also, you cannot own a vehicle in United Arab Emirates (UAE) without a proper and valid car insurance UAE. The registration of your vehicle will not be complete without the same. While there are a variety of options available in the country, you should collect proper information and know the related issues before finalizing on a particular insurance policy. You will find some guidelines below on the subject for your ready reference.

Know the Calculations Involved:

Your premium payable depends on the model and make of the car, engine size, car value, the driver’s age and history of previous claims. The rates generally vary between 2.7 to 7 percent and are dependent on the above factors. The best motor insurance broker Dubai will typically provide 24/7 pick-up and recovery of the vehicle in case of an accident, along with personal injury coverage for the driver and family members (if present). It may also offer off-road coverage, repairs at authorized centers (depending on vehicle age) and emergency medical expenses.

Be Clear about your Requirements:

You should not feel overwhelmed by the huge variety of policies available in the market. The car dealer, financial institution from which you have sanctioned the vehicle loan and the insurance companies, all of the involved parties will try to sell combination deals best suited to their profits. You should be clear about your expectations from the insurance provider before you sign on the policy documents.

Discounts due to No-Claim Policies:

If you are a naturally safe driver, you will enjoy the benefits of a previously no-claim policy. This typically entails discounts up to 40 percent depending on your previous claims’ history. You should be aware of this point in case of the subsequent renewals of your motor insurance Dubai.

Add-on Health Insurance:

Any reputed third party insurance UAE will cover all accident-related medical expenses. However, in case you sustain a long-term injury, a separate medical policy will always serve you better. Also, coverage for the chance of permanent disability should be accounted which should reimburse you in case you are not able to subsequently earn according to your previous full potential.

Consult an Independent Advisor:

In case you find difficulty in choosing the insurance best suited to your vehicle, it is always prudent to consult an independent financial advisor. He can guide you on the merits of the different policies and confirm the proper coverage is in place in case of an accident situation.

Platinum Insurance Broker LLC is one of the best Motor Insurance Brokers in Dubai, which helps you to choose best Motor Insurance in Dubai at the very competitive price.

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