0 likes | 2 Views
Explore the real costs of used car insurance in Dubai. Learn about comprehensive vs. third-party coverage and choose a plan that fits your budget. Visit AG Used Cars in Dubai for easy apply of car insurance: https://agusedcars.com/en/insurance
E N D
USED CAR INSURANCE IN DUBAI • COSTS, COVERAGE, AND TIPS
Securing used car insurance Dubai is as crucial as buying the car itself, whether you’re purchasing or selling a pre-owned vehicle. Here’s what you need to know about the costs, coverage, and smart strategies when looking for insurance for used cars.
WHAT IS THE COSTS OF USED CAR INSURANCE ? • Premium Range • For used cars, annual premiums usually range from AED 1,200 to AED 5,000 for comprehensive plans and AED 800 to AED 1,500 • Influencing Factors • The value, age, and model of the car, along with the driver’s age, driving record, and how the car is used, all affect insurance costs. • Market Value Impact • In the UAE, premiums are usually 2.5% to 3.5% of the car’s value per year. Cheaper cars have slightly higher percentage rates, while higher-value vehicles pay a smaller percentage but a higher absolute premium.
WHAT COVERAGE SHOULD YOU CHOOSE? • Third-Party Liability (Mandatory) • Legally required for all vehicles in the UAE, this protects you against claims from others for damage or injury you cause but does not cover your own vehicle. • Comprehensive Insurance • highly recommended, even for used cars, as it covers damage to your car, third-party liabilities, theft, fire, and often extras like roadside assistance or natural disaster protection. • Add-Ons • Consider add-ons relevant for used car sellers in Dubai, such as no-claims discounts, agency repairs, and personal accident cover
TIPS FOR PRE-OWNED CAR INSURANCE • Assess Before Insuring • Always get a professional inspection and verify the vehicle’s claims history before finalising your pre-owned car insurance. • Compare Providers • Don’t just compare by price—review coverage depth, exclusions, and customer service quality. • Policy Transfer vs. New Policy • If buying from individual used car sellers in Dubai, check if the existing insurance is transferable. Some insurers require a new policy at the time of ownership transfer. • Policy Transfer vs. New Policy • Reputable dealers often offer bundles for insurance, loans, and warranty, simplifying the process and often securing better rates.
CONCLUSION • Insurance for used cars UAE isn’t just a legal formality, it’s vital protection against financial risks. Weigh coverage options, understand costs, and choose a policy that fits the car’s value and your needs as a used car buyer or seller in Dubai.