Cars are highly preferred in UAE rather than any other vehicle, and therefore the car insurance market has a massive increasing activity at present.
The price of insurance varies depending on many factors along with the money cost used as the compensation during the period of unlikely issues or events.
Choosing the right car insurance in Dubai is a significant challenge for new insurance buyers; people believe in false myths from various sources, which leads to poor decisions; however, this is one of the critical topics that should not be overlooked when spending large sums of money on car insurance policies.
Myths About Car Insurance in the UAE
Today, we’ll look into a few car insurance myths that everyone should be aware of.
Medical bills for a significant accident or other issues are covered if the applicant has Personal Accident Coverage.
Many first-time car insurance buyers in the UAE believe that purchasing Personal Accident Coverage while purchasing car insurance will cover their medical expenses if they are injured in a road accident, but this is not entirely true! Furthermore, here are a few payouts that will be given to people in a lump sum after a thorough diagnosis.
- Personal Accident Cover is provided in the event of any preconceived peculiar injuries or damages, and if you succumb to any lesion or any other injuries in a road accident, Personal Accident Cover will offer a total amount of money that you have insured to your family, with a maximum sum of approximately AED 200,000.
- If you have lost your eyes and become blind as a result of a road accident, personal accident insurance will pay a maximum of AED 100,000 for each eye lost in the accident.
- If you lose a limb in a car accident, you will be compensated up to AED 50,000 for each limb lost.
GCC Cover provides comprehensive coverage.
Most gold and car insurance companies offer these universal features GCC cover to their customers, but it only covers a portion of the benefits.
If you have this GCC cover in your insurance policies, you will not be able to drive to any other GCC country. You must face the drive at your own risk because they do not provide financial security.
Mechanical Repairs are not covered by comprehensive insurance plans:
The most common and natural myth about car insurance is that mechanical repair costs are not included in any comprehensive programmes in the event of any injuries or car breakdowns.
Your car dealers will provide you with the best Insurance Plan.
When buying a new car, everyone believes that they can get the best insurance plan from their car dealer, but this is never a good or best idea.
You will not be able to get the best deal if you buy insurance from a car dealer, insurance broker, or insurance agent in person.
They will change your mind and force you to buy the one that suits them. The best thing you can do before purchasing a car insurance plan is to research, compare, and then purchase the best insurance plans for your vehicle.The advancement of technology has also brought about significant changes in the digital insurance field, and the best way to obtain insurance is online. By going online, you will be able to reap many benefits such as greater transparency, ease of purchase, a wider range of insurance options, and so on, as well as save time and money.
Agency Repair is a must-have feature.
The Agency Repair specification, which is included in the comprehensive insurance plan, will cover maximum accident-related repairs from the official dealer at authorised garages. The premium is high for comprehensive coverages as part of the enhanced support, and you can choose whether or not to use agency repair.
If you need spare parts installed in your car or another vehicle after an accident, especially if it is a luxury car, you can choose agency repairs. If you have spare parts for your generic vehicle, paying for the agency repair is a waste of money.
