Tips on How Dubai Drivers Can Save Upto 20% on Car Insurance

1. Tips on How Dubai Drivers Can Save Up To 20% on Car Insurance

2. After the introduction of new insurance regulations that came into action in the beginning of 2018 has made consumers take advantage of it. Insurance regulatory authority has made changes on the driver's history as well other than the no claim bonus. The insurance company is willing to provide offers for the drivers as a result of the clean sheet.

3. What is the need of a car insurance? A car insurance is much needed to a car because they cover all essential threat factors a car can face and compensate you with the amount or service. Threat factors include accident, in which car, passengers, driver, third party and other risks like theft, towing, repairs etc

4. Tips to save Car Insurance Premium Other than no claims discount, there are other offers also which a car insurance company offers. They are • Type of vehicle: Insurance premium is based on the type of the vehicle you own. It is based on the make and model of the car. If you are buying a luxurious vehicle, then the premium is obviously going to be high. • Size of engine: Insurance premium is also influenced by the size of the engine. If the size of the engine is large then the premium is also high. Hence one should choose wisely the size of the engine as per your needs. • Purpose of vehicle: Insurance premium for vehicles are lesser for private use but for commercial purpose is higher. • Age of the driver: Age of the driver is also a factor in deciding insurance premium. If the age of the driver is young then the risk is high as per authority so the premium will also be high. Premium gets low when in the case of driver’s age higher than 30 years.

5. Tips to save Car Insurance Premium • Gender: Research shows that women get less involved in accidents. So some companies offer lesser quotes for women. • Location: The risk varies from one location to another location. Places where the chances of theft is higher are charged a higher premium. • Occupation: Insurance companies offer discounts for professionals. • Disclosure of driver information: If the car is being driven by more than one driver, then the premium will also be high. There will be negative impact on calculation of premium if one didn’t disclose the driver details. • Driving experience: Your driving experience also impacts premium calculation. If the driver has 2 or more years of experience, the premium will be low and it gets lesser by each year with no claim bonus.

6. Factors affecting Car Insurance other than driving capability • GCC coverage: If you opt for a GCC coverage, then the premium will also be high. • Off road coverage: If you are opting to drive in off road conditions with extra cover you want to pay premium for that too. • Roadside assistance: This is also an add on cover where insurer moves your vehicle to nearby garage in case you are paying for the particular premium.

7. THANK YOU