Driving A Vehicle In Dubai
The past decade that has gone by has seen the insurance industry in Dubai grow as rapidly as the city itself. A number of new companies dealing in insurance have been set up in Dubai, which are mostly locally owned and are small business enterprises. These companies cater and fulfill the insurance demands of the local and also expatriate population of the city. Insurance policies that are followed in Dubai are quite similar to those that exist in the West. Insurance covers are of various kinds and among them, car insurance is one of the most common types of insurance that is demanded by the car owners and offered by the insurance firms.
Insuring you car protects you from any kind of loss involving you car. Coverages that are available and may be bought are
Property damage , Coverage of bodily injury, Physical damage due to collision.
All personal insurance covers, which include car insurance, are means to fulfilling are daily needs. If you wish to drive your own car in Dubai, you first need to get it insured for only then can you get it registered in Dubai. As such, as least a third party insurance cover is a legal requirement for your car in Dubai. For this, you may get in touch with any one of the numerous third party brokers that are there in Dubai. But keep in mind that the car and not the driver are insured in this case.
The insurance figure that is calculated by the insurer depends on the car model, and is available at the showroom itself from where the car is bought. The insurers look at the manufacturing year of the car, its chassis number and also its price. A good deal would hover around a 3% to 8% rate. However, find out the cost of the insurance cover and also the premium amount that you would be paying before you sign up for the deal.
The benefits that you can on insuring your car in Dubai are as follows
Accident and recovery service 24X7, Third party cover for family members, Driver gets a personal injury cover , Repairs guaranteed A fairly simple and easy procedure , Off road cover , Medical expenses in emergency cases , Additional optional covers for a small amount of extra premium.
Car insurance in Dubai besides being a legal requirement is also beneficial in itself to the insured as it provides a cheap and easy way of covering losses in case of damage involving your car. Otherwise, all the damage costs would have to be borne from your personal account making your finances go haywire.
Car insurance types available in Dubai are:
Comprehensive premium level , Comprehensive and Fully Comprehensive , Comprehensive with options , TPFT (Third party, Theft & Fire)
Although car insurance companies are in plenty in Dubai, it is advisable to ask around for personal opinions while looking for an automobile insurer. This is because there is always a difference in the levels of satisfaction and customer service provided by these companies. Also, finding insurance in Dubai is a pretty difficult proposition for cars that are older than 5 years, drivers and especially males under the age of 25 and sports & luxury cars. As such getting those insured costs more than a usual car insurance policy. Another important point is that drinking driving and crashing results in zero insurance cover.
For a person looking for cheaper deals, visiting an insurance broker is a good idea. Many banks too provide brokerage service in Dubai. Also, one can look to bargain and negotiate with insurance companies for cheaper deals. For an overseas person get a no claims bonus certificate that is original. This is because these certificates fetch a discount of 0% to 40% on the original rate in Dubai.
The best process is to shop around for best bargains including looking on the internet. Also look for policies which do not include what you do not require. Pay the premium annually and get a garage for your car. Another thing is to inform and keep your insurance agent updated with all your latest information.
So shop around for a car insurance policy and get yourself one if you wish to drive legally in Dubai.
Learn more about buying a car in Dubai. Stop by Dubai Bulletin Board where you can discover all about automobile insurance firms in Dubai UAE and services they can offer you.
