Car insurance is a must in the UAE. However, navigating the nitty-gritty details of your insurance policy can be perplexing. In this article, we'll shed light on some steps and tips to ensure the best possible coverage and benefit from your car insurance while potentially reducing insurance costs.
1. Choose the Right Insurance Type for Your Needs
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Third-Party Insurance (Basic Insurance): It's the cheapest option, covering damages your vehicle causes to others' vehicles and properties only. It doesn't cover damages to your own car.
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Comprehensive Insurance: In addition to third-party coverage, comprehensive insurance covers a range of events, including theft, accidents, fire damage, and natural disasters. Thus, it offers broader coverage at a higher price.
2. Compare Available Price Quotes:
Get quotes from several different insurance companies on Shory to find a plan that’s suitable for your pockets. You can use our website or app to find all the relevant info.
3. Look for Additional Discounts
Inquire about any potential discounts you may qualify for. Common discounts include safe driving records that earn a no-claims bonus if you avoid accidents for a certain period.
4. Review Coverage Value Annually
It's important to annually reassess your insurance coverage as the value of your car depreciates over time. Review the coverage limit to ensure it reflects your car's market value.
5. Consider Additional Insurance Coverages
You may need the following additional coverages for more comprehensive coverage, depending on your needs:
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New car replacement: A replacement car of the same make and model will be provided if your new car is completely damaged (usually available for 6 months after car registration).
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Key loss: Key replacement costs will be covered in case of loss or misplacement.
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Roadside assistance coverage: Support is provided in case of breakdowns or emergencies on the road.
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Front windshield and sunroof damages: Damages to the front windshield and sunroof are covered through repair or replacement.
6. Read the Insurance Document Carefully
Before purchasing the insurance document, read all terms and conditions carefully to ensure you understand the coverage included in the document and any exclusions.
Conclusion
By following these tips, you can ensure you get the best possible insurance coverage for your car according to your needs and budget. Additionally, safe and cautious driving is the most important way to reduce insurance costs and accidents.
