By Shari Khan on 2024-06-29
Your vehicle is your prized asset and you need to take the necessary measures to protect it on the road. Although no vehicle is fully protected against unforeseen incidents, a good vehicle insurance plan will cover your vehicle against financial contingencies arising in case of damages or loss.
To get the best insurance policy you need to conduct proper research, compare different insurance policies, and finalize a plan that suits your requirements. We walk you through the steps for buying vehicle insurance:
Before selecting a vehicle insurance policy, thoroughly review the included features in a standard plan. Insurance coverage varies between insurers, so it's essential to carefully examine the terms and conditions to understand what is covered.
As a new buyer, you might not be familiar with the fundamental protections and optional add-ons. It's recommended to discuss the essential coverage requirements with your insurance broker. After obtaining quotes from various companies, assess them based on your specific needs and preferences.
If you rush into getting vehicle insurance, you might hastily sign a policy and later regret it when you discover that the coverage isn't what you expected during a claim. It's crucial to take the time to carefully comprehend the policy's terms, conditions, and exclusions.
Some vehicle insurance providers in the UAE tailor their policies based on the vehicle model. It's advisable to choose a policy that aligns with your specific vehicle type and usage needs.
Always choose a plan that effectively covers diverse risks and offers substantial financial protection at a fair cost. Opting for an insufficient plan jeopardizes your financial security.
Consider factors like your vehicle model, travel frequency, and destinations when selecting add-ons such as GCC cover, windscreen coverage, agency repairs, passenger cover, and others that best fit your needs.
Premiums can vary significantly depending on factors like the vehicle's make, age, the driver's history, and the vehicle's claims history. Cheaper options may not always provide the most comprehensive coverage, especially for sports utility vehicles (SUVs) and luxury vehicles, which tend to have higher premium rates.
Only agree to pay the premium once you have a clear understanding of the coverage provided. Assess the additional benefits and their impact on the premium. Ensure you understand exactly what benefits you are paying for before making a purchase decision.
Before purchasing a vehicle insurance policy, it's advisable to compare quotes from at least 5-6 insurance providers.
Remember these tips when choosing an insurance plan for your vehicle.
Interested in buying car insurance? Visit Veeels Car Insurance to discover top plans and select a policy that provides maximum protection at a competitive rate for your vehicle.