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Car insurance scams have become a common occurrence across the globe and UAE is no exception. Car insurance is a necessity for people who own cars hence the gravity of the scams is also in such massive proportions. Given below are some of the best ways to prevent being scammed in the UAE:

Beware of Surprisingly Low Policy Rate

When a person finds an unusually low insurance premium price please stay away from it. When people find insurance products at very low rates they tend to grab the offer before it expires. The scammers will purposefully put low prices to attract price-sensitive customers. Customers will know about the scam only at the time of the insurance claim process.

Insurance Companies do not Advertise End of the Season Sale

Insurance companies do not offer end-of-the-season sale advertisements. People who are buying car insurance in Dubai, please do not fall for this trick. Many residents in Dubai might think the low price is due to an offer as part of the Dubai shopping festival or end-of-the-season sale and so on. Please double-check with the appropriate authority before buying the same. Make sure you talk to the appropriate insurance company representatives about the same before taking the final decision.

Read the Policy to Ensure the Car is not Undervalued 

One of the most dangerous ways scammers offer low premium insurance is by undervaluing the car. This is a very serious issue as in most cases the policyholder might not know about the same until the time of claiming the insurance but by that time it is too late. Hence, it is always important to make it a point to read the policy documents very carefully or ask an expert to do it for you.

Some customers who bought car insurance in Abu Dhabi realized their cars were undervalued at the time of claim settlement and as a result of which the claims were termed null and void by the insurance companies. This was on the ground that the policyholder provided false information. Hence, always double-check the policy and do not buy insurance in a hurry.

Always buy from Reputed Marketplace

It does not matter if the policyholder chooses to buy products from an online store or a brick and mortar store as long as they are credible and have a good reputation, it is always the right way to go. Do not try to buy insurance from non-reputed websites or offline businesses. Scammers use these resources to push their fraudulent insurances to the customers to make a quick buck.

Conclusion

Scammers are everywhere and it is our duty and responsibility to not fall for them. The above-mentioned tips are very useful in spotting a scam but that does not mean it is full proof as scammers are devising new ways to cheat people. Always go ahead and buy Insurance from reputed and trusted sources to avoid being scammed, it is one of the best ways to protect yourself from scammers.