Looking for cheap car insurance in the UAE? You can find plenty of options to keep your car and bank account happy. But before you rush into buying car insurance online, it’s a good idea to know a few things. Car insurance companies offer different types of deals and you can ensure a better deal if you know the ins and outs of the online auto industry business in the region.
Types of available car insurance in the UAE
There are three main types of car insurance. The differences between the different insurance options are mainly about the depth and length of the coverage. You can get:
1. Third-party liability car insurance
These policies cover damages you might cause to third parties. The policy covers both damages to the third-party vehicle as well as injuries to a third party. It’s very basic insurance and often the cheapest option you can find. But as you’ll see later, cheapest doesn’t always mean it is the best policy you can get.
But you need to be aware that third-party liability insurance won’t cover damages you might suffer. The insurance is only to cover the costs your actions might cause to another party. But if you damage your own vehicle or suffer an injury, the insurance won’t cover it.
2. Comprehensive car insurance
As the name suggests, you can get much better coverage with comprehensive car insurance. This type of car insurance will protect you and your car no matter the cause. The coverage includes damages against your vehicle whether or not you caused the accident. You’ll also get protection for third-party liability and even against damages caused by natural calamities.
Most comprehensive car insurance in the UAE also has additional features you can get. These range from things like emergency expenses cover or new car replacement. These are often optional so consider them according to your needs.
3. Temporary car insurance
It’s also possible to find temporary car insurance in the UAE. These provide similar cover to the comprehensive car insurance but only for a specific amount of time. Usually, these insurance options are only good if you are staying in an area for a short amount of time. For example, if you are moving to Dubai to work for a year, you can get temporary car insurance for your car. If you are renting a car, then it usually comes with temporary car insurance.
Do you need to buy car insurance?
You may be aware that the cost of car insurance has increased in the UAE. But you can’t avoid it by skipping the purchase. You are mandated by law to have car insurance. If you drive without it, you will get black points on your license, could get your car confiscated and you’ll have to pay a fine.
It’s also worth noting that there are other benefits to having car insurance. It can be highly beneficial to your finances. Your car insurance covers the cost if you get into an accident. Without it, you might suddenly find yourself having to pay a lot of money. Not to mention the protection against things like third-party lawsuits.
In short, you need to have car insurance by law. But it also makes financial sense to have comprehensive coverage. It’ll protect you and your bank account.
How to find cheap car insurance
If you are looking for cheap car insurance in the UAE, you need to go online. You can find plenty of good website such as a Bayzat for car & auto insurance in UAE. Not to mention how much easier it is to compare different options. Comparing car insurance is one of the best ways to keep the costs down!
It’s also worth understanding the different factors that impact your car insurance price. The cost varies from provider to provider but there are also things you can influence.
These are the main factors that impact the cost of your car insurance:
- The value of your car – a more expensive car usually has a higher car insurance cost.
- Your age – new, young drivers have to pay higher premiums.
- Your driving history – if you have a lot of traffic offenses, you might find yourself paying for more on your car insurance.
- Your deductibles – this is the amount you would pay if you made a claim. You can control the cost of your insurance by tweaking the amount you want to pay.
In addition to the above, you can keep your car insurance cost low by controlling your claims. Insurers often offer no-claim benefits. These are applicable if you avoid having to make a claim for a specific period. For example, if you don’t make a claim for the first three years, your car insurance premium might go down. Therefore, it can sometimes be beneficial to avoid making unnecessary claims.
When you are looking for cheap car insurance in the UAE, you want to follow certain steps. It can be beneficial to:
- Outline your needs – think about the type of insurance you want and any additional benefits you might require.
- Look for different options – compare different insurance options. Make sure you understand the cost and the perks included.
- Renew your insurance regularly – once you buy car insurance, don’t forget to review it regularly. You might have differing needs as years go by and cheaper insurances might come into the market.
You should take your time before you buy insurance. You want to make sure you can compare different options and find a deal that works for you. It’s especially important to consider additional perks. For example, including repair coverage might increase the initial cost but end up saving you money in the long term.
Finding cheap car insurance in the UAE is not difficult. There are plenty of options and buying a policy online is cheap. Once you’ve done your initial research, then buying the right deal will be quick. You can often complete your purchase in a few minutes. After you’ve purchased your car insurance, you can be much safer on the right.