It is mandatory to have car insurance to drive a car in the UAE. That being said, car insurance is in no way cheap. But once you have a firm understanding of car insurance policies, including the options available, the new rules and shopping around for car insurance are some ways in which one can save money. Here are some of the factors that can affect your car insurance premiums along with ways to save money on your car insurance
Save money on car insurance with the right car and safety equipment
The cost of your car insurance policy depends on a number of different factors, one of which is the vehicle being insured. Therefore, one of the ways to save money on your car insurance policy is to ensure that your car is in good condition; the year the car was purchased, the number of miles on your car and its overall general condition all contribute towards the cost of your car insurance. Another great way to save money on car insurance is to install safety devices in your car; features like airbags, anti-theft alarm, trackers, etc. can contribute to lowering your car insurance premiums.
Save money on car insurance with the right driver
The person who will be driving the car is also another factor taken into consideration when fixing the cost of the car insurance policy. The age of the person driving the car, his/her driving history, etc. also contribute to lower/higher car insurance premiums.
Save money on car insurance with no claims discount
People can now save money on their car insurance if they have a history of no claims. The most enticing aspect about the no claims discount is that it is cumulative; this means the number of years the driver is claim-free, equals more percentage of no claims discount he/she is entitled to. So, if you have made zero insurance claims in the past, the no claims discount is an excellent way to save money on your new car insurance.
Bundle insurance to save money
Most insurance companies use the concept of bundle insurance to attract customers by providing fantastic discounts. Hence, this can be another great way to pay less for a better insurance policy.
Buy online to save money on your car insurance
The best way to save money on your car insurance policy is to shop for insurance online. The best advantage of online shopping is that you can receive multiple quotes from multiple insurance providers. Compare the quotes and opt for the one that provides the most comprehensive coverage at the lowest premiums.