The best part is that you can now buy car insurance online in Dubai. You must answer questions that are relevant to your auto insurance needs. If you need additional help, you can always opt for an insurance agent to call you. The law requires you to first take out insurance before registering a vehicle in Dubai or any other part of the UAE. Remember that you will face heavy penalties if you drive without insurance. The law prescribes liability insurance as a minimum or basic insurance. It covers any type of bodily injury or death to third parties. It also helps cover the cost of property damage caused to others by the insurer`s vehicle. Good car insurance is part of road safety because you need to protect yourself, your passengers, your vehicle and third parties by having the right level of coverage. If you have an existing service provider, you will need to contact your former insurance company to purchase a “No Claims” bonus certificate if you have never had an accident in the previous period when you changed companies for your current car.
If you wish to present the certificate of your new car company, you are entitled to a discount on your annual insurance rate. If you want to take out car insurance in Dubai, you will need to present some documents. The insurer needs these documents to confirm your identity and at the same time confirm your driving experience. Deductible: Applies only to all-risk insurance. This is the amount that the insurer deducts from the compensation paid to you in the event of a non-refundable loss due to an accident. The minimum deductible is set under the insurance policy and may vary from insurer to insurer and vehicle to vehicle. Why do I need car insurance in the UAE? According to the UAE`s RTA law, it is mandatory for all vehicle owners to take out car insurance. In addition, car insurance financially protects your vehicle in the event of an accident or natural disaster.
In other words, the repair work on your car due to an accident is paid for by the insurance company. Here`s a quick guide to everything you need to know about buying car insurance in the UAE. From there, the authorized insurance agent will help you through the rest of the steps. You can also ask all the relevant questions if you observe disrespectful conditions. If your current insurance policy is valid for less than 9 months, you will not be able to transfer it to the new owner. If it is valid for more than 9 months, you will need to check with your insurance company if they offer a transfer option or not. You can also request a refund in case they are not transferred to a new owner. To share the policy, you must publish all the details of the new owner. The company then checks whether or not the new owner meets the edibility criteria.
According to the Abu Dhabi Highway Code, you must have at least one liability insurance. This policy only covers damage to the other party and not to your car. TPL offers basic coverage and is one of the most profitable car insurance policies in Abu Dhabi. Car insurance in Dubai expires after the 12-month registration period. However, you will have a 30-day grace period to renew your auto insurance. This means that you will not be charged any fine or penalty during the grace period. To be honest, a comprehensive insurance policy is that it provides at least coverage for emergency medical expenses. In addition, it should also provide some level of free coverage for bodily injury. All vehicle owners in Abu Dhabi are required to insure their cars with at least one liability insurance. Learn more about the types of insurance available in the UAE and the legal regulations that underpin them.
The Insurance Authority regulates and supervises the insurance sector in the United Arab Emirates in accordance with Federal Law No. 6 of 2007 (PDF, 1 MB). Many companies offer Islamic insurance services (takaful). Your answer to the two questions above will determine the type of insurance you need. There are two types of car insurance in the UAE: The law: According to UAE law, it is mandatory that every vehicle on the road be insured. Car insurance offers you security and financial protection against liability claims in the event of an accident. With all-risk insurance, you are also protected against loss or damage to your own vehicle. While the registration period of your car is 12 months, there is a grace period of 1 month, so the insurances last 13 months.
Because the damage coverage in this policy is limited, your premium is lower than that of comprehensive auto insurance. Many beginners make the mistake of opting for this coverage as it is much more affordable. 2. Liability (TPL): Motor vehicle liability insurance only covers damage caused by you to other people`s car. If your car is damaged in an accident attributable to you, this policy does not cover repair work on your car. The insurance is only required to pay to the third party involved in an accident caused by you. GCC Coverage: If you make frequent trips to GCC neighboring countries, broader coverage is a good backup plan. In fact, some countries like Oman will not allow you to enter unless you have valid international/GCC insurance. Some of the requirements that the auto insurance provider wants from you are a copy of your driver`s license, the registration car of your vehicle, as well as a copy of your passport photo page. The very first thing you need to do when registering a vehicle in Dubai is to take out car insurance. However, the best course of action would be to choose a licensed auto insurance provider, as this may lead you to choose an insurer known to provide the highest quality services and sufficient coverage.
Also try to opt for platforms like CarSwitch if you want to buy used cars in Dubai and do it without any problems. What type of car insurance should I choose? The type of insurance you pay depends on two things: premiums are calculated based on the year, make and model, engine size, claims history and driver risk profile. For example, if a motorist has less experience, the insurance premium they have to pay is higher than if the driver is more experienced and older. The cost of the premium in Abu Dhabi is determined by the market value of the car. In Abu Dhabi, the average premium fare is 2.35% of the value of the vehicle. Other factors that affect the cost include the age of the driver, the number of previous insurance claims, and the type of car you buy. In the event of an accident, you also need to know how to make a claim in the UAE. Motor vehicle liability insurance is a minimum legal requirement in Dubai.
Because auto insurance offers basic coverage for third parties, it`s an affordable option for vehicle owners. Motor vehicle liability insurance only covers damage that the insured vehicle causes to the other vehicle. However, comprehensive car insurance in Dubai provides coverage for both the insured and the applicant. Car insurance in the UAE is mandatory and Abu Dhabi is no exception. When it comes to driving a car in the UAE, it is mandatory to drive an insured car. Insuring your car with liability insurance is the basic requirement. When you buy a car, the first thing you need to do is to insure your car. Refer to the list of registered insurance companies and affiliates. The answer is simple: in the United Arab Emirates, car insurance is required by law. In the United Arab Emirates, driving without valid car insurance is illegal. Car insurance compensates a third party in the event of death or bodily injury, as well as damage to his vehicle.
In Part 2 of our UAE Car Insurance Guide, we cover premiums, how they are calculated, and how you can pay less for your car insurance while getting the coverage you need.