Car Insurance Dubai : Auto Insurance Coverage Dubai UAE. Compare & Buy Car Insurance in Dubai UAE. Get Affordable & Premium Car Insurance in Dubai UAE. Wondering what covers you and your vehicle in case of an accident? No more wonders. “Auto Insurance” is there with the auto insurance coverage you need at a price you can afford — helping you in case of the unexpected.
Auto insurance is far more than just covering the cost of vehicle repairs in the event of an accident. You are also shielding your life and your investments as well as the lives and livelihood of all of your loved ones.
Our experience is vast, we will cover the following:
- Liability Coverage
- Collision Coverage
- Emergency Road Service
- Comprehensive Coverage
- Medical Payments Coverage
- Uninsured Motor Vehicle Coverage
- Underinsured Motor Vehicle Coverage
- Car Rental and Travel Expenses Coverage
Your auto policy may include all coverage’s with each coverage is priced separately. Liability insurance is very important and in most areas of the country, it is also a legal requirement. It covers you in the event that you cause an accident and injure a person or their property. Covered damages will be paid and you will have defense in a lawsuit.
Collision coverage is designed to assist with paying for damages to your vehicle if it collides with another vehicle or object or another vehicle collides with yours or your car is involved in a roll over. If your car is leased or financed, collision coverage is typically mandatory,
Comprehensive coverage is a way to compensate you for damages to your car that are not the result of a collision. Some examples might be: theft, vandalism, hitting a deer or other animal, storms and certain natural disasters.
Coverage for medical payments helps to offset the cost of covered medical expenses if anyone in your vehicle is injured, no matter who caused the accident.
If an uninsured/underinsured motorist causes damages or injures someone and medical costs are incurred, the uninsured/underinsured motorist coverage will fill the gap. Depending on your needs and your financial standing, you may choose from a whole host of additional coverage to create the policy that will shield you from harm. We’ll work with you to develop an auto insurance policy that fits your needs and your budget.
Auto Insurance Coverage Dubai
Car Insurance Dubai : Auto Insurance Coverage Dubai UAE. Compare & Buy Car Insurance in Dubai UAE. Get Affordable & Premium Car Insurance in Dubai UAE. Even a slight fender bender in a parking lot can ruin your day. Road accidents can turn a good day into a wild one, but you should not let it ruin your life. You pay auto insurance coverage not only to comply with the law, but you pay it to protect your assets. If you drive a car, you need to have auto insurance coverage. There are different types of auto coverage; the states require you to have some, but insurance companies suggest you to purchase more. The following passages explain key features of the most important auto coverage.
Liability Coverage: this coverage comes in two different types including Bodily Injury and Property Damage. In the event of road accidents for which you are liable, the insurance company will pay for the damages and injuries that you cause. Liability coverage prevents you from spending too much on medical payments or repairs for someone else’s injuries and property damage.
Personal Injury Protection (PIP): it covers medical payment and other expenses for your injuries regardless of who is at fault in an accident.
Medical Payments: in case the PIP coverage reaches its limit for other expenses following an accident, separate medical payments coverage can be helpful. Sometimes you can use it in conjunction with your health insurance as well.
Collision: it covers repair cost for any damage to your vehicles due to an accident. It may include paint job, replacement parts, broken windscreen, and engine repair.
Comprehensive: this coverage covers damages to your vehicle due to non-accident causes. Some common causes are fire, theft, vandalism and falling objects.
Underinsured and uninsured motorists: in case you are involved in an accident with another driver who does not have enough insurance or no insurance at all, this coverage requires your insurance company to remunerate for the damages to your vehicle.
Every state has different rules regarding auto insurance. Depending on where you live, you may need to purchase all the above coverage or only some of them. The limit of each coverage policy is subject to insurance laws too. This table lists the recommended limits for common types of coverage.
Deductibles & Limits
- Bodily injury: $100,000 per person, $300,000 per accident
- Property damage: $100,000 per accident
- Personal Injury Protection: Either deductible or no deductible; it can be optional or mandatory depending on the state. Either deductible or no deductible; anyone with an existing health insurance may not need to purchase this coverage.
- Collision: $500 to $1,000
- Comprehensive: $500 to $1,000
- Uninsured motorist: $100,000, but if this coverage is less
- Underinsured motorists: $100,000
More Optional Coverage
Collision and Comprehensive are optional, but they are important. Even when the state does not list them as mandatory, they are still necessary and worth the money. Apart from those two, insurance companies also offer other optional coverage including:
Rental Reimbursement: your insurer provides an amount of money as compensation for transportation expense during the period when your car is in the shop for repair after an accident. The amount depends on the company’s policy. The money should be enough to rent a car until your car is ready to go again.
Roadside Assistance: it can be helpful in case your engine breaks down in the middle of nowhere that you need towing service to a repair shop. Some car manufacturers provide this service free of charge with the purchase of a car, so you may not need to buy this coverage.
Auto insurance does not come cheap, but there are ways to save money on premium. One of the ways is to make use of insurance discounts available from most insurers. Even when you are not eligible, you can reduce the premium by increasing deductible or use a car that meets the insurer’s safety requirements.
A deductible is like reserve cash from you for the insurance company. You can consider this a down payment for the premium. If you pay more for down payment, your monthly installments for premium will be less. Increasing deductible from $250 to $500 can reduce up to 30% of the premium. If you can afford it, going for more deductible is a good decision. Many types of coverage allow for the deductible, but you should focus on Liability Coverage.
The financial impact of an accident for which you are liable can be devastating; total cost of car repair and medical payments can reach hundreds of thousands. By increasing the limit of liability coverage, you have better financial protection from the insurance company. However, higher limit means higher premium, and this is why you should consider increasing deductible.
Collisions and Comprehensive are optional.
The basic rule is that you should purchase both if your car is worth at least ten times the amount you pay for those two coverage types. For many older cars, Comprehensive and Collision coverage are not worth the money. Omitting them can save much money.
New cars are not always more expensive to insure than old ones.
New cars have better safety equipment and protective features to keep the driver and passengers save for examples airbag and restraint system. Alarm system and anti-theft equipment are good safety features as well.
Most auto insurance companies offer discounts for such features.
If your car does not have them, consider installing third-party safety equipment to be eligible for the discounts. A safer car is less risky, and insurance companies are grateful for that.
Some insurers provide auto insurance with other products such as homeowner insurance and personal liability. Purchasing multiple policies from the same company comes with bundling-discounts. In additions, it is easier for you to manage payment and file claims if needs be.
Auto Insurance Coverage Dubai
Car Insurance Dubai : Auto Insurance Coverage Dubai UAE. Compare & Buy Car Insurance in Dubai UAE. Get Affordable & Premium Car Insurance in Dubai UAE. Having an auto insurance coverage will help you protect whenever you figure in a car accident or when there is a loss to your automobile like fire and theft. You also need to be protected in case you injure another person through the use of your car or you made a damage to somebody’s property when using your car.
Auto insurance coverage is excluded from most homeowners forms thus auto insurance must be covered separately and it is called a personal auto policy. Since the personal auto policy contains property and liability auto insurance coverage, it is considered a package policy. The auto insurance policy form contains four distinct coverage with each coverage having its own conditions, agreements and exclusions.
One part of the auto insurance policy is the liability coverage. This is almost mandatory in most states in the United States. This coverage provides for the amount that the auto insurance company will pay to the victim of the car accident or to the value of the damaged property but only up to a certain amount provided in the car insurance policy. The person who caused the accident will pay any excess on the auto insurance policy limits. This coverage can be a standalone coverage or it can be combined with other coverages.
Another part of the auto insurance policy is the medical payments coverage. This coverage provides medical payment if you are injured in a car accident but only up to a certain limit of the policy. This is an optional coverage and it may only be included in the auto insurance policy if the policy includes liability coverage.
The third part of auto insurance policy is the uninsured motorist coverage which protects you, the other passengers of the vehicle and the vehicle itself from an uninsured driver. This is subject to the law and may vary from one state to another. In some states this is mandatory but in others the insured may opt out of this coverage in the policy. This type of coverage can only be written if there is also a liability coverage.
The fourth coverage of the auto insurance policy is the coverage for the damage to your car. This covers the actual physical damage to your vehicle. The policy covers the damage brought on the collision of your car and damages other than collision like fire and theft. This type of coverage can be a standalone coverage or can be written in conjunction with a liability coverage.
The personal auto policy can be written to a single individual or to the husband and wife who are on the same household. Most auto insurance coverage are written to include all of the available coverages but if you are saving money, you can choose whatever auto insurance coverage you want and opt out of the others which are not mandatory. Just be reminded to read the fine prints since there are conditions, limitations and exclusions in the auto insurance coverage.
Auto Insurance Coverage Dubai
What is an insurance coverage? Well, in the most basic of terms, this refers to the kind of coverage that you’ll get in the event that you get into a car accident or if something happens to your vehicle. It can also protect you in case a particular accident injures someone else who was in your car at the time. There are many different types and each has its own sets of agreements, conditions and exclusions.
A particular part of every auto insurance policy that is mandatory in many states of the U.S. would be what’s referred to as the liability coverage. This type of coverage would provide you with a means to pay the victim of the accident as well as any damaged property. But of course, this is only goes up to a certain amount. Any excess expenses would have to be paid by the person who caused the accident. Also, this coverage can be standalone or combined with others.
Another aspect of an insurance policy is the medical payments coverage. This would provide you with payment for any medical expenses that came about as a result of a car accident. Again, there is a limitation to this and that all depends upon the policy that you have chosen. It is not mandatory unlike the liability coverage. Medical payments coverage is optional and can be added to your policy if yours includes liability coverage.
The third part of an auto insurance policy would be the coverage that provides for any damage that happens to your car. Basically, it covers for any physical damages that happen to your vehicle in the event of an accident. It also covers damages brought on by fire, theft as well as any natural events that couldn’t have been avoided. Just like the liability coverage, this can also work as a standalone or as part of the liability coverage itself.
There is also an auto insurance policy that would protect you as well as the other people riding in the same vehicle from an uninsured driver. This is referred to as the uninsured motorist coverage and is subject to the differing laws from one state to the other. There are some states in the US where this is mandatory but there are those wherein you might be able to opt out of it in your coverage policy. Also, this type of coverage can only be written if you have liability coverage.
Last but not the least; we have the personal auto policy which can be written for an individual or to a married couple who are living in the same household. Now, most of the insurance policies available out there are written in a way that would include all of the important coverage types. All you need to do is choose the ones that you want and opt out of the ones that you don’t need. Just bear in mind that there would always be fine prints to read as well as conditions, exclusions and limitations to remember.