Car Insurance – Save With 6 Thrifty Tips
Written by Wasim
Insurance, like several other fixed costs, is an inevitable part and parcel of owning a car. Adequate car insurance is relaxing for drivers. But car insurance premiums can cost hundreds of dollars to the drivers.
However, you can lower the fee you pay by following the guidelines below. Follow the guidelines while reviewing your insurance policy at the time of renewal.
Pick and choose car insurance mindfully
Often, insurance costs vary depending on the car you choose. Safety is one of the main aspects that dictate the price. Vehicles that incorporate anti-theft features get better deals. Premiums are also based on the model and repair costs. Choose a reliable auto brand make and subsequently pay less for insurance.
Reduce your kilometres
The lesser the kilometres on your gauge, the lower your car insurance premium will be. Higher mileage means you reduce your car’s lifespan and are at a higher risk of having an accident. Use public transport or carpool whenever you can to tighten your car’s odometer.
Get third-party car insurance
Third-party insurance covers the other car, not your own, in the event of an accident. This is also the minimum requirement for cars in the UAE. It is considerably cheaper but can be disadvantageous.
Hunt for insurance bargains
Online comparison websites provide a great platform to find the best possible quote for your vehicle. BuyAnyInsurance offers a simple, user-friendly interface to compare the best prices from insurance companies. Buying car insurance online can result in markdowns anywhere between 5-20 per cent.
Be a good driver
Insurance companies charge you more if your record is rife with accidents and fines. Risky drivers flesh out more on premiums. Get a no-claims record that is incident-free and abide by the UAE’s stringent traffic rules to bag a better insurance rate and further concessions.
Increase your excess
This is a tricky one but if you are confident of your driving capabilities, opt for a higher excess – which is the amount you pay to open every claim. The advantage is that you will get cheaper insurance if you don’t make a claim, but the disadvantage is that even trivial repairs will cost you more.
Buy insurance online to save the most
In 6 simple steps, you can easily compare insurance from the best providers in the UAE and buy the perfect policy in under one hour.
- Go to BuyAnyInsurance;
- Enter your details;
- Compare quotes from the best car insurance providers in the UAE;
- Choose the perfect plan for you;
- Pay online or choose cash on delivery;
- Receive the official policy in 24 hours.
Or you can simply enter your contact information below and our insurance expert will call you now:
FAQ
What is the average car insurance rate in Dubai?
The average insurance rate in Dubai is 2.75%. However, for the cars with the original value between 100,000 AED to 300,000 AED, you have to pay 3% of your car’s original value.
What can save you the most when it comes to auto insurance?
Following are the tips that can help you to save on your car insurance:
- Get the car insurance quotes from various companies
- Consider the condition of your car
- Adjust the excessive expenses
- Do not renew your insurance plan frequently
- Add a named driver to your policy
How do I get cheap car insurance?
Following are the ways to score cheap car insurance:
- Shop around and explore various options
- Don’t ignore your local insurers
- Ask for discounts from your insurance providers
- Manage your credit effectively
- If you have an old car, skip the comprehensive collision coverage
- Go for the pay-per-mile insurance
How can I lower my car insurance premiums?
Here are a few tips to lower your insurance premiums:
- Look for the discounts you qualify for
- Increase the number of your deductibles
- Maintain your driving record
- Participate in a safe driving program
- Take driving courses
- Improve your credit score
- Look for various payment options
What is the cheapest time to insure a car?
The best time to get the cheapest car insurance is to get it after any life event.
Read more from BuyAnyInsurance
Originally published Oct 30, 2020 01:20:00 AM, updated Sep 14, 2022
