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The past decade that has gone by has seen the insurance industry in Dubai grow as rapidly as the city itself. A number of new companies dealing in insurance have been set up in Dubai, which are mostly locally owned and are small business enterprises. These companies cater and fulfill the insurance demands of the local and also expatriate population of the city. Insurance policies that are followed in Dubai are quite similar to those that exist in the West. Insurance covers are of various kinds and among them, car insurance is one of the most common types of insurance that is demanded by the car owners and offered by the insurance firms.

Car insurance protects the insured party from losses involving the usage of their vehicle. The different types of coverage that is available and may be bought includes Medical payments

Property damage , Coverage of bodily injury, Physical damage due to collision.

Personal insurance policies, of which car insurance is a type, are meant to meet your daily needs and requirements. Also, you need to get your car insured first, if you are to get it registered and be able to drive in Dubai. Therefore one must get at least a third party cover for the car as a legal requirement. There are a number of third party brokers in Dubai who you may go to. However, it is the car and not driver that is insured in such cases.

Car insurance in Dubai is calculated depending on the type of car that one buys and is normally available through the showroom itself. For the purpose, the insurers normally look at usual details like value of the car, manufacture year and also the chassis number. The rates of 3% to 8% are generally advisable. Therefore before signing up for any kind of insurance cover, first find out how much will the insurance cover of your car cost to you.

The benefits that you can on insuring your car in Dubai are as follows

Emergency medical expenses , Driver gets an injury cover , Recovery service which is round the clock , Repairs for the car is guaranteed , You also get an off road car coverage , It is also a simple enough procedure to go through , Third party cover for members of the family , Additional insurance covers for a nominal additional amount

Insurance besides being a legal requirement in Dubai is also the simplest way for people to cover for losses as a result of vehicle damage. Thus in case of absence of a proper insurance policy for your car, you run the risk of having to bear the entire cost in case of any damage caused to others or your car.

The types of car insurance available in Dubai include:

Comprehensive with options , Comprehensive premium level , Comprehensive and Fully Comprehensive , Third party, Theft & Fire

One should always go through a long list of car insurance companies before settling for any one. Also seek personal opinions about that company from others. This is so that the company you select is the one which gives the maximum level of satisfaction and customer services. Also note that luxury cars, cars that are 5 years old or more, and people below 25 especially males find it hard to get a car insurance for themselves and if they do, then it comes pretty expensive I.e. it will cost you more than the usual insurance rates. Most importantly, driving you car after drinking and then crashing it means no insurance benefits for you.

For a person looking for cheaper deals, visiting an insurance broker is a good idea. Many banks too provide brokerage service in Dubai. Also, one can look to bargain and negotiate with insurance companies for cheaper deals. For an overseas person get a no claims bonus certificate that is original. This is because these certificates fetch a discount of 0% to 40% on the original rate in Dubai.

For best bargains, shop around a bit, especially the Internet. That’s where you will find a great number of amazing deals. Also select those policies which leave out what you don’t need. Get a garage for your car and pay your car premium annually. Also, keep your insurer updated with regards to your latest information that may be required by him

After all, for a legal drive in Dubai, an insured car is necessary.

Get to know more about owning a car in Dubai. Stop by Andy Ba’s web site where you can learn all about auto insurance firms in Dubai and services they can do for you.