Tips for Securing the Best Car Insurance Deal

Having the right car insurance policy protects your car, covers any unexpected costs, and fulfills any legal requirements. Car insurance in the UAE is also a growing market; it is estimated to be $1.46 billion by 2029. Knowing how to obtain the best deal on car insurance for Dubai and the greater UAE can help you save a lot on your insurance premiums.

Let's get into all the information you need to make the right decision when choosing car insurance in Dubai or anywhere in the UAE

Identify Your Car Insurance Needs

Before opting for car insurance, you need to find your needs first. There are two main types of car insurance available in the UAE

• Third-Party Liability: It covers damage to other vehicles, property, or persons. This is the minimum requirement in the UAE.
• Comprehensive Insurance: This covers your own vehicle as well as your liability towards others.

Based on the make, model, and value of your car, you can choose the right one for you. Comprehensive insurance is ideal for newer cars or more valuable cars, while older cars owner can opt for third-party liability insurance as it is mandatory by law.

Online Car Insurance Comparison

To obtain the best car insurance in Dubai or UAE, one must compare several providers. You may browse a variety of policies, rates, and benefits with several online comparison services, which can help you make a better decision.

Not all insurers are equal in the UAE's $1.44 billion motor vehicle insurance market. Here are some points to assess an insurer's service quality:

• 24/7 customer support: This is essential as you may need assistance at any time
• Filing a Claim: Should be easy and hassle-free either online, in-person or via a phone call
• Claim process time: This may vary depending on the case but the average processing time is between 3 to 5 weeks.
• Review: Check reviews about the insurance provider to gauge the quality of their service and understand the experience of other policy holders.

Key points to consider when buying a car insurance policy:

• Premium Amount: Here you can check the monthly and annual cost of the insurance.
• Coverage Details: Inclusions and exclusions in each policy.
• Additional benefits: Some insurance companies also offer free rental cars, free checks, and so on, and offer add-ons covering specific cases.

Select Your Add-Ons and Exclusions Carefully

There are optional add-ons that come along with many car insurance policies in Dubai and the UAE that boost your premium. Some of the most common add-ons include:

• Roadside assistance: It provides help in the case of breakdowns.
• Agency repair: Ensures the repair job is completed by an authorized dealer for at-fault and not-at-fault accidents.
• Personal accident cover: Provides additional protection cover in case of an injury to you or any other passenger.

Deductible

When you file a claim, the amount you pay out-of-pocket before your insurance coverage pays for it is called the deductible.Typically, higher deductibles result in lower premiums, but it also means you're willing to take on more of the risk in case of an accident.Lower deductibles result in lower out-of-pocket expenses while the premiums may be higher.

Discounts and Promotions

Car insurance companies in Dubai are highly competitive, often offering attractive discounts to draw in customers. When shopping for car insurance in the UAE, keep an eye out for these savings options:

• No-claims bonus: If you have a clean driving record and haven’t made any claims, many insurers reward you with a premium discount for being a low-risk driver.
• Loyalty discount: Some companies offer discounts to long-term customers or those renewing their policies, rewarding your loyalty with reduced rates.
• Multi-policy discount: Bundling your car insurance with other policies, like home or health insurance, can qualify you for additional savings.

Taking advantage of these discounts can make a big difference in your policy cost. GIG car insurance is known for its competitive rates and valuable discounts, making it a great choice for those looking to maximize coverage while saving on premiums. Visit the GIG car insurance portal to explore current discounts and find a policy that’s right for you!

At GIG Gulf we provide you with customized auto insurance rates and packages with add-ons to suit all your needs.

With over 70 years of experience and knowledge, a stellar reputation for customer service, and round-the-clock multilingual assistance, GIG Gulf keeps you and your vehicle covered.