Owning a vehicle is one of the best feelings one can experience, and it marks an important milestone in one’s life. However, owning a car is only the first step. There are numerous other things that you must keep in mind, including buying car insurance. Like many other countries, a car insurance policy is mandatory in Dubai and the rest of the U.A.E.
In other words, driving without car insurance in Dubai is illegal. You are liable for a fine and even jail time if caught driving without it. Most people consider automobile insurance an unnecessary expense, but it is not the case. They only realise its importance when they get into an accident, and the insurance company covers their expenses.
Benefits of Automobile Insurance
Without a car insurance policy, people don’t have the means to pay for the expenses. Suppose you own an old Corolla and crash into a Tesla or a high-end sports car. You have no idea about the costs coming your way. On top of it all, you may sustain injuries, require a hospital stay and must also pay for your car’s repair. These expenses are too much for an individual to bear. The actual coverage depends on the insurance type.
Types of Car Insurance
There are two types of car insurance:
Third-party
It is the most basic type of car insurance, and the minimum required vehicle insurance in Dubai. Does not cover damages to your vehicle or any other personal expenses such as medical bills or damages to personal items. It only covers damages to the third party.
Comprehensive
As the name indicates, it offers complete protection. It covers damages to the third party and yourself. Therefore, the insurance company will cover the repair costs even if you are at fault.
Best Car Insurance Companies in Dubai
1. PitStopArabia
PitStopArabia does not directly sell a car insurance policy, i.e. it is not a automobile insurance company. Instead, it is partnered with the best car insurance company in Dubai and lets you buy car insurance in a few minutes. All you need to do is provide them with the required information, and they will give you the best quote.
2. Oman Insurance Company
Headquartered in Dubai and having operations in Turkey, Oman, and the U.A.E., Oman Insurance Company has provided motor insurance for over 30 years. Oman Insurance offers both types of insurance to its customers, i.e. third-party and comprehensive car insurance. The company also provides extra features such as roadside emergency help available 24/7, company repair for up to 3 years, insurance against natural calamities, and third-party insurance damage up to 3,500,000 AED. Moreover, It provides its customers with personal damage coverage, including the passengers and driver, up to 200,000 AED.
3. Noor Takaful Insurance
It is a relatively new vehicle insurance company in the U.A.E. and operates across the Middle East. This company offers Shariah-compliant insurance companies, making it highly popular among Muslim countries. Its comprehensive car insurance policy also extends to Oman.
4. AXA Car Insurance
Present in 54 countries, including U.A.E., AXA car insurance is one of the biggest auto insurance providers in the world. You can also get a 10% discount if you opt for them through their digital portal. AXA comes in 1st position globally in the insurance industry. If you want to make a claim, you can do it online or by contacting customer service. Some extra perks AXA offers are transportation to and from the repair shop, 24/7 roadside assistance, and a substitute vehicle.
5. RSA Insurance
It is among the leading and oldest names in Dubai’s car insurance industry. RSA Insurance has played a vital role in developing the country’s insurance market. This experience has made it a highly preferred insurance company. Their insurance plans and customer service are unmatched.
6. AIG Car Insurance
AIG might be the most suitable option if you are seeking car insurance in Dubai. This auto-insurance company has more than 43 years of experience in Dubai. It is one of the top digital portal insurance agencies. Their digital portal provides the latest quotes, assists in insurance resumption, and offers help in vehicle hire substitution. AIG provides company repair, roadside 24/7 assistance, off-road protection, and ambulance cost.
7. Al Fujairah National Insurance Company
Formed in 1976, it is one of the first auto-insurance agencies in the U.A.E. It offers both comprehensive and third-party car insurance in Dubai. It offers insurance coverage, including car theft, damage caused by collision, damage caused by fire, car flipping, and road accidents. Moreover, it provides insurance coverage for both drivers and passengers.
8. Tokio Marine & Nichido Fire Insurance Company
This company is not confined to the U.A.E. alone. It covers various international markets and is a top choice for many car owners worldwide. It is headquartered in Japan, and its origins can be traced back to 1879, making it one of the oldest insurance companies. The company offers many unique features, including easy payment plans and legal fee coverage.
9. Orient Insurance Company
Founded about 40 years ago, Orient Insurance is called Motor Plus. It provides both comprehensive and third-party insurance coverage. Extra benefits offered by Orient Insurance company include insurance coverage in Oman, insurance against all sorts of natural disasters, off-road protection, insurance coverage against riots and general unrest, fire protection and many more benefits.
10. Al Sagr Insurance
It is one of the oldest automobile insurance companies in the U.A.E. It offers both types of insurance coverage along with numerous benefits. Being one of the oldest companies has allowed it to develop valuable insights into the U.A.E. market, enabling it to provide policies that best fit Emiratis.
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