Top 5 Vehicle Insurance Companies In UAE

A vehicle insurance policy is mandatory for every vehicle owner in the UAE. The  vehicle insurance policy offers protection from unforeseen damages and covers losses incurred due to theft, fire and accidents.

Prompt online support, wide network coverage and no fuss claim services are the main criteria that one should look for when choosing the insurance company in UAE and a befitting policy.

There are reputed insurance companies in the UAE that offer different categories of insurance policies for the diverse needs of vehicle owners. We have compiled a list of the top 5 vehicle insurance companies in the UAE.

1. Axa insurance

– AXA insurance is one of the top reputed insurance companies in the UAE. It is ranked no. 1 globally.

– Whenever you buy the insurance online, you get a straight 10% discount which offers a considerable saving.

– The claim process is relatively easy on their online platform. You may simply dial their customer care center.

– AXA offers agency repair, 24/7 roadside assistance, breakdown recovery, off-road cover, GCC cover and Oman extension cover. Besides, the RTA inspection are done by AXA on behalf of the vehicle owner.

– AXA gives pick up and drop off service to the client if his/her vehicle is in the workshop for repairs. You can avail the cover for fire, theft and loss of personal belongings while travelling by vehicle.

2. Oman Insurance Company

– Oman Insurance Company has been providing vehicle insurance for more than 45 years in the UAE with a record of having insured 41000+ vehicles, A-rated network of garages and agency partnerships.

– The insurance offers agency repair, 24/7 road assistance GCC cover and Oman extension cover. They also offer courtesy cash benefit for a few days while your vehicle is at the workshop for repairs.

– The have dedicated insurance products for luxury vehicles and offer a single policy to cover the entire fleet of vehicles.

– Their dedicated and professional claims service team ensure superfast claim processing and payment.

– They won the Customer Satisfaction and Happiness Award 2020

3. AIG Vehicle insurance

– AIG is best known as a ‘one stop’ insurance portal offering quick and highly customized policies. Their policies are designed for keeping customer’s safety as a priority and are available at affordable rates.

– Their online services provide fresh quotes, allow easy insurance renewal and assists in vehicle hire replacement.

– The claims resolving process is quick within 7 working days.

– The benefits offered by AIG include GCC cover, roadside assistance, agency repair, ambulance fees, off-road cover, dent repair, vehicle hire and 12 months waiver of depreciation.

4. Noor Takaful Vehicle insurance

– Noor Takaful insurance has grown to become the largest Islamic insurance company in the UAE.

– A 15% discount is given on all online insurance purchases to new customers.

– The insurance company offers agency repair, 24/7 roadside assistance, off road cover and Oman coverage. They provide cover for new vehicle replacement, medical expenses, wind screen damages and loss of personal belongings.

–  You can initiate the claims process easily on their online portal and can reach the claims department over the phone for any queries. You can track all the submitted claims on their website.

5. Orient Insurance

– Orient Insurance Company has been operating in the UAE for more than 37 years now. The company serves its clientele through an extensive branch network in the UAE and around the world.

– The insurance covers repair at dealer or agency workshops in the first 3 years of the vehicle. They provide off-road cover, roadside assistance and Oman coverage.

– The insurance offers protection against acts of nature like hurricanes, floods, storms and earthquakes, strikes and riots.

It is always prudent to compare the policies of minimum five companies before opting the best policy suited to your requirement.