Finding the Best Car Insurance in the UAE
Posted On March 2, 2014
Finding the best car insurance in the UAE can be a huge headache. How much coverage do you need? What policy is right for you? How do you know if you are getting a good deal? In the UAE, coverage is mandatory, so there is no escaping it. Here are a few tips to help you better understand the industry and make the right choice for car insurance.
Know What to Look For
There are many car insurance companies in the UAE. Some of these companies have very good reputations because of the packages and services they offer, while others are not quite as strong. It is important to choose a company that will fulfill all of your needs, such as comprehensive coverage, a rental car if repairs are needed, and coverage outside the UAE (if you frequently travel to Oman). In addition, some insurance companies have a practice of being very late in paying claims to their customers; when you apply through bayzat, we ensure you only receive quotes from providers that meet high standards for quality customer service.
Understand the Insurance Calculations
Insurance companies calculate their premiums according to a very complex formula. The formula usually includes factors like driver’s age & nationality, car make & model, engine size as well as the individual’s previous claims history and the value of the vehicle. Reputable insurance companies often offer perks like 24/7 roadside assistance and recovery service among other benefits. Applying for car insurance through bayzat.com means you can take advantage of competitive and discounted rates from leading providers.
Third Party Liability Only
This is usually the cheapest option available. The issue with getting this type of insurance is that it only covers injuries and/or death to third parties in addition to damage to their vehicle or other property. This means that you and your car are uninsured, which could be costly if major repairs are needed. If a loan has been taken out on the car, the bank will require comprehensive insurance coverage.
Discounts for No Claims
Being a safe driver reaps many rewards, especially after a few years of no claims. The previous insurer can provide a letter that states that the person has never submitted a claim during the period of their coverage, which makes them eligible for a discount on their next premium. The discount could be as high as 25%, but of course, this depends on the claims history of the car owner.
Finding the right insurance can be confusing, that is why bayzat.com gives you access to insurance experts who can answer your questions and find a tailored plan that is best for your needs. Understanding all of your options and the different benefits is important in making the right choice for car insurance in the UAE.
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