Factors Effecting The Cost Of Motor Insurance In Dubai

1
Factors Effecting the Cost of Motor Insurance
2
Factors

• The cost of your car insurance is mainly depended
  up on two factors
• Vehicle Factors
• Driver Factors
• Knowing what affects your rate can help you
  make a more informed decision when purchasing
  insurance, and can help you know exactly what to
  do to lower your expenses. 

3
Vehicle Factors

• Car insurance company can collect the
  information on your vehicle to determine how much
  you need to pay for insurance.
• YearThe insurance rate for your car can vary
  with the car year. Though the repair costs of an
  older vehicle are similar to the costs of a newer
  vehicle.

4

• MakeThe car company manufactures of your car can
  also affect the cost of your car insurance. The
  insurance cost will get increased as the luxury
  of the car company increases.
• Model The latest the model of your car, the more
  will be the insurance cost. The base model four
  door is often the cheapest way to go not only
  when purchasing the vehicle but also when you go
  to purchase insurance.

5

• Safety FeaturesSafety features such as airbags,
  automatic seat belts, and traction control etc
  are mainly looked into while estimating the cost
  of your car insurance. The insurance rate will
  be lower if your car is having these above
  features.

6
Driver Factors

• The driver factors include
• Age of the driver
• Driving record
• Financial stability
• Paying for car insurance is a major part of the
  cost of owning a car, so anything you can do to
  lower the rate is beneficial for your budget.
• Before purchasing a car insurance, gather car
  insurance Dubai quote as many as possible and
  compare them.

7
Conclusion

• Insurance companies can run reports to obtain
  your personal information using your driver
  license number, birth date, address, and social
  security number.
• After all these valuation only the cost of the
  car insurance is estimated.
• For car insurance in Dubai, visit
  http//www.tameen.ae/en/for-individuals/motor-insu
  rance/car-insurance