Blog

Have you ever thought about how insurance determines the important cost? Are you looking for ways to lower the cost of your car insurance in Dubai? The premium you pay is affected by all of the following factors:

Your vehicle 

Based on the frequency and expense of claims, an insurance group will be given to your car. Generally speaking, the insurance group and premium are greater for items with higher values and risks.

The distance

The likelihood of having an accident increases if you drive all day, every day. When it comes to insurance, everything depends on the chance and danger involved. On the other hand, if you use your vehicle sparingly each year, it is assumed that you will be less likely to be in an accident, which will lower the cost of your auto insurance.

Your job

The premium you pay may be influenced by your line of work. Office employment, for example, is viewed as lower risks than other occupations, resulting in lower premiums. This is especially important if you also use your car for business!

Your address

Many people are unaware of the impact your home address has on your auto insurance. Insurance prices may be reduced if you reside in a region with a history of low claim frequency and expense. This is because insurance premiums are based on patterns. This is due to a variety of reasons, one of which being the safety of your car when parked.

Your age

The fact that elderly drivers often receive lower compensation than their younger colleagues makes this one situation when you'll wish you were older!

Your driving experience

It stands to reason that experienced drivers with a history of few or no claims will normally pay less than those who have filed numerous or expensive claims, as well as new and/or young drivers, as they are viewed as lower-risk drivers.

Maintaining legal compliance

Now, penalties for breaking traffic rules and regulations not only result in fines but can raise your premium!

If you are the only one driving

Do you drive a car with your partner or your family member? In such a case, they could lower your premium! If they are an experienced, conscientious driver with a history of low or no claims, adding them to your insurance might result in you paying less for your coverage.

Are you looking for car insurance Abu Dhabi that can suit all your needs? Personalize all your insurance needs with policyhouse.com.

Click here if you wish to compare and choose between the insurance companies in Dubai - Car Insurance in Dubai