Whether you want to go to office with your car daily or simply want to go for a family vacation on weekends, you should definitely possess suitable vehicle insurance in Dubai to drive your vehicle safely and to avoid penalizing yourself from the UAE RTA officials. However, before stepping ahead to get automobile insurance, you should make sure stay aware with few of the important things, as we have discussed with the help of this article.
Types of Insurance Policies Available in the Market
Firstly, you have to decide whether you want to select comprehensive insurance policy or simply remain stick with the mandatory third-party type of liability insurance. For this, it is essential for you to know the functions and scopes of each of the mentioned insurance policies in detail-
Third-party Liability Insurance Policy
This type of insurance is affordable between the two because it covers only for the third party i.e. other car involved in the accident and its passengers. It does not give any coverage to you and your passengers traveling on road.
Comprehensive Insurance Policy
Comprehensive vehicle insurance in Dubai gives coverage for everyone whether your side or on the third party side involved in any road accident. However, premium amount in the case of a comprehensive policy is relatively high. On the other side, if we see the positive aspect of the comprehensive insurance plan, your coverage extends to other undesirable situations, such as explosions, fire incident, vandalism and theft of your vehicle.
Factors Determining the Premium Amount
There are many factors responsible to determine the exact price of the premium amount related to your vehicle insurance plan. For instance, if you are below 30years and driving a vehicle for a relatively less numbers of years, your premium amount will be relatively high. In addition, if you possess an expensive car and you need breakdown coverage, you may have to pay a high premium amount. Excluding this, you have to take off-road insurance coverage in Dubai seriously, as many companies cover you only if you meet with accidents on road.
Compulsory Documents to Apply for Insurance
To get vehicle insurance in Dubai, you have to show the photocopies of the three compulsory documents, i.e. valid UAE-based driving license, residence visa and passport, along with the documents related to the registration of any vehicle.
