Driving a vehicle is an important and indispensable part of life, but it carries risks such as the occurrence of vehicle accidents, and the owner of the vehicle can minimize the potential risks as much as possible by obtaining vehicle insurance, and in the event of a traffic accident, the vehicle insurance can be recovered in the United Arab Emirates.
In this article, we, at MR Ahmed Humid Al Balooshi Law Firm – AHA LEGAL OFFICE, explain to you everything related to vehicle insurance, the legality of insurance recovery in the event of an accident, and the procedures for claiming insurance recovery. Click and contact us now for any legal inquiries!
First things first: Obtaining vehicle insurance is mandatory in the UAE before registering the vehicle or renewing its ownership, and this insurance can be recovered at the time of any accident to the vehicle.
Secondly: What are the steps to recover vehicle insurance in the UAE?
According to UAE law, insurance is a binding contract between two parties, whereby the insurer is obligated to pay a sum of money to the insured, in the event of an accident or an insured risk, in exchange for the financial premiums paid by the insured to the insurance company over agreed periods of time!
According to UAE law, insurance is a binding contract between two parties, whereby the insurer is obligated to pay a sum of money to the insured, in the event of an accident or an insured risk, in exchange for premiums paid by the insured to the insurance company over agreed periods of time!
Vehicle insurance is divided into two types, namely: Comprehensive and third-party insurance.
Comprehensive insurance covers all risks caused by the driver or any other party to the vehicle
While third-party insurance focuses on covering the damages caused by the driver to others in the event of an accident, this type of insurance is the least expensive type of insurance, and it is mandatory to obtain it in the UAE as a minimum for car insurance.
Steps to recover your car insurance:
1. You must quickly notify the insurance company of an accident to the insured vehicle, or the insured risk.
2. Provide all information to the insurance company such as the full name of the insured, the policy number of the insurance obtained, the vehicle number, the time and place of the accident in detail, and any information that may be requested by the insurance company.
3. Bring the police report about the accident and attach it to the insurance claim
4. Count the damage caused by the accident to find out the amount of compensation and attach the count to the insurance refund request.
5. Prepare all the necessary documents for insurance recovery, which are as follows: Police report, vehicle ownership card, driver’s license, insurance policy number, fill in the details of the accident according to the application form and then submit the application to the insurance company, including all the previous papers. It is very important to read the vehicle insurance contract document before signing it to know your rights, and the insurance company, and in case you are hesitant to sign any insurance policy, you can contact us immediately at MR Ahmed Humid Al Balooshi Law Firm – AHA LEGAL OFFICE .Click and contact us now for any legal inquiries!
