In general, there are two types of car insurance, Fully Comprehensive and Third-Party Liability (TPL). Both of these policies are available from most Car Insurance Companies and are suitable to cover you under the UAE’s mandatory vehicle insurance requirements, but you should be aware of what they cover you for or more important what they do not cover you for in case of an accidents.
Having your vehicle covered under Fully Comprehensive covers the driver and the other cars, but having only a TPL, will only cover the other car and passengers in the event that the accident is deemed your fault.
With many people now looking to save money on their car and health insurance policies we are seeing an increase in the purchasing of both health and car insurance online.
However, it makes more sense to choose a Fully Comprehensive Car insurance policy which includes Agency repairs especially if you have a newer vehicle or if you spend long hours driving as the chances of being in an accident are so much greater and your vehicle is covered in full.
At some point in our lives, we will unfortunately be involved in a fender bender or victims of an unscrupulous car park bump that the other party won’t see or will just drive away from and not own up to and depending on the type of insurance coverage you have, your claim may or may not be covered under your insurance policy.
You would unfortunately be out of pocket because under a TPL policy, the policyholder is liable to pay for all damages to their own vehicles unless it can be recovered from the liable person.
