Motor insurance is an insurance policy that protects individuals or businesses that own or operate motor vehicles, such as cars or motorcycles. It covers the cost of repairs or replacement of the vehicle in case of damage or loss caused by an accident, theft, or other unforeseen events. It also provides coverage for any injuries or damages caused to other parties involved in an accident. It is usually mandatory by law in the UAE and it's necessary to have a valid insurance policy in order to legally drive on the road. It helps protect you from incurring large expenses in case of an accident or loss and also give a peace of mind while driving.
Main types of motor insurance available in the UA
- Third-Party Liability: This is the most basic type of motor insurance and is mandatory by law. It covers any damages or injuries caused to other parties in an accident involving your vehicle.
- Comprehensive Insurance: This type of insurance covers both third-party liability as well as damages to your own vehicle in the event of an accident, theft, or other unforeseen events. It also includes additional coverage options such as roadside assistance.
Ways to get cheap motor insurance in the UAE:
- Compare quotes from different insurance companies to find the best deal.
- Opt for a higher deductible, which is the amount you will pay out of pocket before your insurance kicks in.
- Look for discounts, such as safe driver discounts or multi-policy discounts.
- Maintain a good driving record and avoid getting traffic violations or accidents.
- Choose a car that is cheap to insure.
- Look into telematics, which uses data from a device installed in your car to track your driving behavior and offer personalized insurance rates based on that data.
- Look for promotional offers or discounts from different insurance companies.
- Make sure you understand the coverage you are buying, and compare the coverage and benefits of different policies before making a decision.