According to a report, there have been more than 3000 reported accidents per year in the UAE, which is quite terrible. Due to this accident rate, the UAE RTA laws have become more stringent to provide more safety to motorists.
Today, car insurance has become compulsory in the UAE. So, if you don’t want to lose out on a large sum of dirhams, it would be wise to spend a small amount right now in the form of your car insurance policy.
Before going any further, you must take a look at the scenarios in which you are eligible to claim your car insurance in the UAE
Insurance TopUp is the most affordable online insurance company in the UAE, in partnership with the best insurers in the world. Whether it’s providing a car insurance comparison or streamlining the insurance process for you, Insurance TopUp is a reliable source to trust.
Looking for the most affordable insurance services? Get your free auto insurance quote from TopUp Insurance now.
Here we have broken down the car insurance categories in the UAE. We assure you that with this car insurance comparison you will be able to choose the most suitable policy.
What is Third Party Liability Insurance (TPL)?
Starting from the most basic car insurance policy, third party car insurance in Dubai is the cheapest policy you can choose. It offers very limited services in the event of an accident, which is why it is cheaper than the other.
Under this coverage, your insurance company only pays for damage to the other vehicle or property caused by your negligence. Keep in mind that this does not pay for your loss. No medical bills, no repairs, nothing else.
In the event that an insured vehicle causes damage to a third party, the driver can contact his insurer to compensate the injury or repair costs of the other party.
So why do people choose this policy over another? The answer lies in its profitability.
Moreover, those who are confident in their excellent diving skills mostly opt for this type of policy.
Quoting specifically, if you buy this policy from a car insurance company in the UAE, you have to pay for your repair costs out of your own pocket.
If you wish to benefit from additional options such as fire or theft cover, you must pay an additional amount.
What is multi-risk car insurance?
Simply put, comprehensive car insurance covers third party car insurance as well as medical and repair costs that are caused to your property as a result of an accident.
Sounds more beneficial? Yes it is!
As it offers wide coverage, this policy is an expensive but more recommended option. It is better to invest a few extra dirhams now than to regret a greater financial loss later.
It covers a wide range of expenses, from medical bills to repairs to windshield replacement, each finance is covered by comprehensive car insurance in Dubai. This policy is in favor of the driver, whether the driver is at fault or in the event of fire or theft, it is a must-have policy.
Fix in mind:
- All-risk insurance is a necessity in the event of a car loan. The bank requires you to buy it at least for the term of the loan in order to protect your car. You can take advantage of various other benefits depending on bank policies.
- Comprehensive insurance in Dubai does not cover damage caused by alcohol consumption.
- Make sure you fully understand the terms, conditions and conditions of the policy you intend to purchase.
- Be sure to compare car insurance in the UAE.
In the end, it all depends on you that how much you are willing to pay for the policy of your choice. In order to take guidelines regarding insurance policies, please do not hesitate to contact Insurance TopUp or Just Call or WhatsApp +971565543022
We are here whenever you need us!