Monday, August 30, 2021

UAE Car Insurance Review: What is the Best Car Insurance Company in UAE?

Car insurance in the UAE is a thriving and very competitive business. There are many best car insurance companies in the UAE, and we will review some of them today.

Car Insurance Review
Car Insurance Review

UAE Car Insurance Review by PitstopArabia

Car insurance in the UAE is mandatory, just like many other countries worldwide. If you are caught driving without it, expect a hefty fine and black points on the license. In some instances, your car might be impounded, while you may end up in jail too. While car owners may consider it as an unnecessary expense, it is good to have it. Its true worth becomes apparent when you are involved in a collision. Imagine paying for the repairs all by yourself. Trust us when we say that is not something that you would like or afford.


Benefits of Car Insurance in UAE

Car accidents happen all the time, irrespective of where you live, which car you drive, or how safely you drive. Even if you are a safe driver, another vehicle might ram into you, causing considerable damage. Therefore, having insurance is highly recommended even if it is not legally mandated in your area. The benefits of car insurance include:

  • Financial protection against car damage or theft.
  • Protection against Acts of God, vandalism, riots, and any other anti-social behaviour.
  • Limited liability in case of damage to the third party.
  • Covers personal injury expenses.

Depending on the add-ons, you can get emergency replacement vehicles and free roadside assistance.


What is PitStopArabia?

If you are an Emirati, you already know about PSA. For those of you that do not know, it is an online tire retailer. It offers a wide variety of tires from every tire manufacturer that comes to one’s mind. The best thing about them is that you can buy the tires online and have them delivered anywhere in the UAE. You can also have them installed at one of their 200+ tire installers or home using their mobile tire installation service. Other than this, PSA offers much more. It is not wrong to assume that it is a one-stop shop for everything related to automobiles. For instance, it provides:

  • Car Detailing
  • Car Repair
  • Bodywork
  • Window Tinting
  • Car Insurance
  • Roadside Assistance
  • Car Battery

PSA keeps adding to its list of offered services. Therefore, for the latest information, visit its website. Now, let us get back to our topic.


Top 3 Car Insurance Companies in the UAE

Car insurance in the UAE is a booming and highly competitive business. There are many best car insurance companies in the UAE, and we are going to review 3 of them today.


AdamJee Insurance

Although relatively new to the UAE car insurance market, this insurance provider has quickly made a name for itself. The customer reviews speak volumes about the company’s commitment to customer satisfaction and service quality. ISO Certification is the bare minimum customers expect from organizations. Fortunately, Adam Jee does not let us down as it is ISO 9001 certified. AM Best, a credit rating agency, has given AdamJee Insurance a 'B' rating. Given the short time in the market, it is remarkable that it has quickly achieved this rating. One of the best things about this company is that it boasts one of the largest dealer networks in the UAE. Regardless of where you are, you can avail of their services anywhere in the UAE. You can sign up with Ajam Jee Insurance online.


National General Insurance (NGI)

If you want to know its worth, look at its shareholders. NGI boasts an impressive list of shareholders, including:

  • Sheikh Mana Khalifa Al Maktoum
  • Mohammad Bin Haider Group
  • Commercial Bank of Dubai
  • Emirates NBD

NGI has an extensive portfolio meaning that it does not confine itself to car insurance alone. One reason for NGI’s rise in the UAE is its hassle-free sign-up process. There is not much paperwork involved, and the claims process is one of the quickest in the UAE. Lastly, the staff are pretty friendly. As NGI boasts a large portfolio and financially sound stakeholders, it does not manipulate people into buying car insurance.


Tokio Marine & Nichido Fire Insurance Co. Ltd

Can you guess where the company is based? No? The answer is Japan. Despite not being headquartered in the UAE, it is one of the earliest entrants (1976) in the UAE insurance market. Standard and Poors have given it an A+ rating, an indicator of its financial soundness. Unlike other companies, Tokio Marine does not believe in hidden charges. In other words, what you see is what you pay. While other insurance companies take months to process complaints, that is not the case with Tokio. It believes in prompt handling of all claims. Lastly, you also get free roadside assistance.


Wrap Up

This concludes our article. If you have any questions in mind, feel free to ask us. Remember to renew your policy or buy a new one before your current one expires. Thank You.

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