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Types of Car Insurance – What you need to know before buying?

car insurance

If you are planning to buy a new car you must not forget to include car insurance in your purchase. But purchasing a car insurance in UAE can be quite stressful. There are various products available in the market and it is not easy to choose one policy that suits your needs perfectly. Finding one best policy is possible only if you are clear about your requirements and the budget you want to put into the purchase. Once you know about your requirements you can pick the right one from the list by checking the different types of car insurance in UAE.

In UAE there are two policies available. All the other policies mostly revolve around these which differs with the benefits provided.

Check: Top Car Insurance Policies in UAE

Types of Car Insurance in UAE

What is Comprehensive Insurance?

Comprehensive insurance covers all kinds of benefits right from accident, repairs, vandalism, stolen, damaged by fire, roadside assistance, medical privileges etc., It also provides third-party cover. Comprehensive insurance is a complete insurance package provided to the vehicle. Insurance providers offer different policies under this that vary with the benefits provided. The premium charges on the comprehensive insurance depend on the add-ons. Higher benefits, higher coverage along with higher premium.

What is Third Party Insurance?

In UAE it is mandatory to get a third party insurance. Third party insurance provides coverage if any damage is caused by you to others or their vehicles. The insurance company will cover the damages and medical costs caused by you to the third party. Some of the comprehensive insurance policies include third-party coverage to their privileges.

Maybe interested: Third Party Car Insurance in UAE

Comprehensive Insurance vs Third Party Insurance

When compared to the comprehensive cover, the premiums on third-party insurance is quite less. Most insurance buyers mistake this and get only a third party cover. But getting a comprehensive cover that provides coverage to your own vehicle and third party as well should be chosen. You must understand your requirements before picking a particular policy and also stick to your budget.

Benefits provided in a car insurance policy

Some of the important things that need to be overlooked in a policy are, whether it provides

All the benefits provided depends on the premium rate and coverage opted.

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