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Having an car insurance policy in the UAE is a legal requirement. It would help if you got it renewed timely every year. Buying and renewing car insurance in UAE can be difficult for anyone. There are many quotations mailed to the customers with a plethora of benefits, clauses, and limitations. Insurance companies and brokers come up with quotations with the lowest premium costs but at the expense of benefits and coverage. If any of these quotes turn out to be what you need, it'll be pure luck.

The points below will help you to understand your quote, and then, you may without difficulty maintain an eye out for these things for your quote for car insurance –

The amount you pay for your premium:

This is what you will have to pay when you buy an insurance policy. It is usually a one-off cost per year. Go by SWOT analysis and compare at least 3-4 quotes from other insurance companies.

Excess:

Insurance companies will pay the excess if an accident is your fault, as long as it is an irrecoverable claim. The insurance company will pay any amount over and above the excess. If it is a recoverable claim, you would not have to pay any extra charge.

The Value of your car:

Often verify that the right value of your car is insured. Some would depreciate it more than you'd expect the premium to fall. To compare quotations from different companies, you must first check if the car's value has been kept the same.

An agency does the repairs:

If your car is relatively new and high valued, ask your company to include agency repairs. This means that next time your car ends up having problem, it will be repaired at your car manufacturer's workshop. Although this extra facility comes with an extra cost for the third year of your registration.

New Car Replacement:

Insurance companies will offer a cover for new car replacement for the first six months. However, if your car is significantly expensive and new, you are better off asking for the same cover but get it extended.

Benefits offered when the driver and the passenger meet with an accident:

These covers are non-obligatory and feature an extra value. These covers compensate the motive force and the passengers as much as a certain quantity for loss of life or bodily injury triggered due to a twist of fate.

Cover for your windscreen:

Not all insurance agencies provide a windscreen coverage wherein the damage to the windows or windscreen is the most effective harm to be repaired. It is genuinely a handy cover and something you should usually ask before signing up for the insurance.

Protected no Claims Discount:

This cover will secure your no claims incentive, which will allow you to get a big discount every year on your car insurance premium. This cover can be instrumental if you have filed no claims for the past three years

Limits:

Limits will always be set on several covers mentioned in your quotation/policy. If a claim is over and above the allowed limit, the insurance company will not pay 100% of the claim. They will only be responsible for compensating as far the limit is mentioned.

This checklist can help you pay only for what you buy. For further assistance, get in touch with the expert team at Policyhouse. We will compare and decode the quotes, while you only have to decide and pay.