Factors Effecting The Cost Of Motor Insurance In Dubai - PowerPoint PPT Presentation

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Factors Effecting The Cost Of Motor Insurance In Dubai

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Know what all factors are taken into account for estimating your car insurance. For more details, visit: – PowerPoint PPT presentation

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Title: 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
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