Car Insurance Discounts in UAE | Compare4Benefit

Bringing your unregistered cars out for driving is considered to be unlawful in UAE.
If you are registering your vehicle, make sure you are applying for an auto insurance policy without fail for enjoying avail benefits during any significant accidents or other issues.
Related: Compare Car Insurance in UAE
Car Insurance offers liability, medical and property coverage for their users, the insurance cost varies depending on multiple factors, but you can stick with some car insurance which provides certain discounts for your car insurance policies.
Car Insurance Discounts in UAE
Car Insurance Discounts
We will check for few discount options below that will help you in reducing the cost of your premium insurance legitimately.
No Claims Discounts:
If you need to save more money on your premium insurance plans, then you need a No Claims Discount.
What is a No Claims Discount?
The car insurance companies will offer a reduction in your policy while renewing your car, and they will also be provided if you have not made the preceding policy tenure claim.
If there are no claims on your insurance policy and if you are not responsible for a party to an accident then the discount price of your car insurance claims get increased.
The Insurance Authority Board of Directors of UAE decision №41 of 2017 provides a warranty and a guaranteed discount to the applicants of 10,15 and 20 % for a record(no-claim) of one, two, and three years respectively. Some insurance agents provide 50% discounts for the people who have gathered no claim record for about five years.
● No Claim discount will be provided during the policy renewal.
● No Claim Discount is for the driver and not the car.
● No Claim Discount can be applied to another car with the primary driver remaining the same.
● No Claim Discount is also applicable for the individuals who switch to different insurance companies or the car type.
Get No Claims Discount at Compare4benefit .
Multi-Car Discount:
Every business has its preferred policies, and this gets differed based on the insurance coverage providers. If you have multiple cars, then the best way to get discount is to prefer the same insurance provider for all of your premium car insurances so that you can get a considerable amount of deduction and this will apply to any vehicles.
Bundling Discount:
The discount type is otherwise known as multi-line insurance, or bundled insurance coverage helps to combine any protection like life insurance, home insurance with your car or other vehicle insurance to offer a discount for the users.
The insurance providers get benefited with this combination since they are capable of getting better revenue, and also it helps in affording a specific annual premium car insurance amount.
Corporate Discount:
Most of the corporates accomplish corporate insurance policy as they provide their customers with a considerable discount in their premium car insurances, you need to double check with your employers that whether your organization has any other schemes before opting for this corporate car insurance policy.
Renewal Discount:
Loyalty is considered to be the critical factor when considering the car premium vehicle insurance plans, most of the insurance providers provide this discount to their returning customers so that they can continue the business with them for the next vehicle or any other insurance types.
Go for a Research
The term Research indicated hunting for better deals, offering multiple quotes, checking for the discount vouchers, compared with better insurance policy providers and much more. You can check for all reliable resources online than checking for the ground works. Researching online will also help in getting better insurance.
Raise your Deductibles:
Deductible means the amount you are paying from your pocket in case of any claim or insurance policies. You will be able to get a certain amount of premium discounts by raising your deductible amount if you are a one who drives safely with no history of accidents.
Securing your Vehicle:
Anti-theft alarms, wheel locks steering and other car safety features will help your car from high risks in any claims or accidents, and therefore this will make you eligible for a better car insurance discount, you can clarify this with your insurance agent.
Go for Optional Extras
Few car insurance policies come with a set of add-on features along with multiple benefits for decreasing your premium insurance policies, you need to be more careful and then decide on choosing the specific features that are relevant to your situation so that you will be able to receive a massive difference in amount to your complete premium insurance policy.
Avoid Frills
The next significant way to reduce your car insurance premium is to neglect the extensive modifications to your car. If you have decided to get any expensive gadgets or in the plan to make more prominent alterations or change then, it should be done with your own risk, and you need to spend your money from your pocket in case of an accident or other issues.
Purchasing an Economic Car
Another way to decrease your premium car insurance is to prefer getting low profile car with better and essential features. Sports car, Luxury cars and other four-wheel vehicles like SUV will be expensive.
Maintaining better Driving Record:
98% of the car insurance companies prefer to investigate on the driving records before providing their quotes about the type of car. If you have a better driving record, then you will be able to receive lower premium rates. RTA UAE provides a certificate of Driving Experience depending on the performance of the driver, and this can be presented to the insurer agents for getting an affordable insurance policy in UAE with better credibility.
Go with better insurance companies.
In UAE, there are about twenty insurance companies and each of them offers different insurance policies at competitive rates. You can check for the right insurance firm online and then quote from them to decide the best insurance agent. An insurance policy offered by the car dealerships will always be overpriced so make sure you skim through better options from your side by researching online to choose the best one for registering your vehicle.

Related : Complete Guide on Car Insurance in UAE

Do not miss to avail all the above car insurance discounts when registering your vehicle with the insurance agents. Any other Car Insurance Discounts you know in UAE? Let us know through the comment section below.

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