Who says buying car insurance in Dubai is a difficult task? While there are several options to choose from, getting maximum coverage at an affordable premium doesn’t have to be overwhelming. With the right approach, you can make the process hassle-free. Here are the top 7 ways to get Dubai car insurance at reasonable rates.
☑️ Understand Your Requirements
The most important thing to consider when buying insurance for your car is understanding your needs. Is it a third-party liability plan or a comprehensive policy? Deciding this will play a big role in further comparing the plans and finding the most suitable option.
Note – To understand your requirements, consider these factors: your age, the car’s age, type, and driving history.
☑️ Compare Car Insurance Quotes Online
Rather than going from provider to provider to compare quotes, go to online portals that have the best car insurance companies in Dubai under one roof. Policybazaar.ae is one such portal where you can explore plans from different providers.
Note – Make sure you read the fine print and use tools like car insurance calculators to get quotes that suit your needs.
☑️ Consider Your Car’s Value
Cars’ value depreciates with time. Take depreciation into account when calculating the car’s real-time value. You can easily get car insurance Dubai at an affordable rate if you keep the actual car cost in mind when making a choice.
☑️ Keep a Clean Driving Record
Another way to lower your motor insurance premium is by maintaining a clear driving record. A clean driving record implies no traffic violations, accidents, fines, or zero insurance claims for at least a year. With a clear driving record, the insurance companies offer a safe driver discount as they see you as a responsible driver.
Note – Stay updated with RTA’s driving rules and adhere to them to avoid any fines or black points on your driving licence.
☑️ Review Your Insurance Policy Every Year at the Time of Renewal
Rather than continuing with the same policy at renewal, review coverage. To do this, make sure you work on policy renewal at least two to three weeks before the due date. So, at the time of renewal, review the riders you really need.
Note – Use a car insurance calculator to determine the new premium as per your car’s current value. This will help you find coverage at an affordable rate. Also, renew your policy on time to continue the cover of accrued benefits like no-claim bonus discounts.
☑️ Pay Higher Deductible
You can offer to pay a higher deductible to get coverage for your car at reasonable rates. If you’re a responsible driver, this option is for you as there are minimal chances of you getting into an accident. However, make sure you have a budget to handle a higher deductible.
Note – You can use a car insurance calculator to determine how deductibles will affect your car’s premium.
☑️ Select Riders that You Need
The best motor insurance companies in Dubai offer an array of riders to choose from. The most popular ones include –
- Personal accident cover
- Natural calamity cover
- Oman extension cover
- Roadside assistance
- Vehicle replacement
While there are several add-ons, it doesn’t mean that you need them all to make your policy more comprehensive. Select riders as per your requirements only.
In a Nutshell
Selecting the best car insurance in Dubai doesn’t have to be a tedious task. By following simple tips and strategies like understanding your requirements, comparing quotes, and keeping a clear driving record, you can save significantly on your insurance premium. Other ways to get the best deal include selecting the right riders, reviewing policy at the time of renewal, considering the car’s value, paying higher deductibles and more.