Youngdrivers, have less experience on the road, and are prone to accidents, thus fallingin the high-risk zone. Hence, they are often quoted a higher rate for car insurance.
Itis mandatory for drivers living and working in Dubai to buy car insurance. Forthe younger lot, the insurance companies quote a slightly higher rate than the average rate, making the premiums quite high.
How Young DriversCan Save Money On Car Insurance
A young driver can buy car Insurance online to save money in various ways. Let us look at thetwo kinds of plans that are available in Dubai that he can take up:
Third-Party Insurance
This type of car insurance offer coverage to thepeople sitting in the other vehicle at the time of the accident and to thevehicle. It doesn’t cover any kind of coverage to the car owner or people sitting inside the vehicle of the insured.
Comprehensive Insurance
Comprehensivemotor insurance in Dubai offers coverage to all the people who are involved inthe accident insured and the other vehicle involved in an accident. The premium could be higher as it also covers for losses incurred due to vandalism, explosions, theft, and more.
Who Can Take CarInsurance in Dubai?
Anyonecan buy car insurance in the UAE provided he/she is a resident and falls in theage group from 25 years old to 65 years of age.
What would be theideal plan?
You need to be very careful when it comes to optingfor the ideal car insurance in Dubai you would need to diligentlyconduct thorough research on the available insurance plans for your vehicle inDubai. You would need to be well-aware of the following-
1. Maintain an error-free and decent driving behaviour
Drivers in Dubai get rewarded for safe driving so ifyou have not availed any claims over the past 12 months of your car insurancein Dubai, you could request your insurance company to reduce the premium rate when renewing your existing policy.
2. You can name an additional driver.
You can get an add an experienced driver added toyour insurance plan. To reduce your payment of premiums, you would need toagree with the agreed excess payments with your insurance company.
3. Relevance of age
The age of the driver influences the premium foryour vehicle insurance. In case of a theft or an accident, the insurancecompany can offer your financial coverage against the relatively high cost incurred and give you benefits.
4. Research and compare for affordable deals
You must go online and compare various insuranceplans before you settle for the most feasible insurance plan. You can get arange of car insurance quotes in Dubai on websites if you conduct a thorough research on various plans from different insurers.
5. Higher risk due to age and inexperience can cause higherpremiums.
Young drivers who don’t have a lot of experience in drivingwould have to pay a higher premium. So those young drivers should get a betterexperience to reduce the number of premiums that they need to pay.
6. Smaller engine
Insurancecompanies deem this smaller engine as a safer option which require less,coverage and thus lower the car insurance premiums.
Conclusion
It is an arduous task for young drivers to getinsurance for their vehicles as they must agree to several terms and conditions.However, every penny saved is a penny earned and purchasing car insurance online leads to substantial savings.
