2. Car Insurance is mandatory by law. Driving without valid car insurance is illegal. It not only protects you but also other people /family members who may be riding or driving your car.
3. Car insurance also protects your car from any man made or natural calamities like terrorist attacks, theft, riots, earth quake, cyclone, hurricane etc in addition to third party’s claims/damages. It covers the losses made in an accident and thus saves you from paying out the huge sum from your pocket.
4. Benefits of Car Insurance 1/2 A major benefit of car insurance is that it provides economic safety for people. Car insurance can help counteract the huge losses and provides peace of mind in crisis. Provides benefits to survivors in case of accident results in death It covers lawsuits, including legal fees brought against you as the result of an accident
5. Benefits of Car Insurance 2/2 Covers the bills of damaged vehicle repairs Covers damage caused by other than an accident for example, theft, fire, etc. Car insurance policies allow premium discounts for theft or for owning more than one policy with the same insurer. It also provides added advantage to extend coverage to others driving your car with your permission.
6. Did you know RAKBANK one of the leading banks in the UAE in partnership with Oman Insurance Company offer you a wide range of Motor insurance policies with instant quotes & immediate approvals for whatever you drive whether it’s a UAE city chopper or a dune basher. For more details visit www.rakbankdirect.ae