UAE Car Insurance Calculator

What is a Car Insurance Calculator?

A car insurance calculator is an online tool that helps you find out the premium for the right coverage. It makes the process easy and less tiresome. All you need to enter are a few details like the make of the car, its year of manufacturing, model, and the vehicle variant. 

The process is simple and easy, and gives you an estimated amount within a matter of seconds. 

How Does a Car Insurance Calculator Work?

To understand how a car insurance calculator UAE works, let’s first understand the tedious traditional method —

Motor Insurance Premium = {(IDV x premium rates) + add-on rates} - (no claim bonus + promotional discounts)

The resulting amount is then added to the base price to get the final premium amount for your insurance plan. Sounds overwhelming, right?

This is where Policybazaarinsurance.ae’s motor insurance estimator comes to the scene. The calculator has the formula embedded and requires only a few pieces of information to estimate the premium. 

The details you need to use this calculator are —

1. Car brand
2. Model of the vehicle
3. Manufacturing year
4. Vehicle variant 

Why Do I Need a Car Insurance Calculator UAE?

Using a motor car insurance calculator in UAE is more convenient for estimating your premium than using the manual formula. Here’s why you need the calculator before buying or renewing your car insurance policy —

• Offers a Quick Overview of Potential Insurance Plans. This makes finding the right coverage smooth and quick. 
• Better Decision Making. Once you have an estimate of the premium amount, you can make a smarter choice about what suits you and your ride the best. 
• Comparison Gets Easy. As soon as you get the premium estimate, you can compare the price and the relative coverage you get for every plan.
  On Policybazaarinsurance.ae, you can easily compare multiple plans in one go! 
• Saves Time and Money. Getting an estimated amount saves you the hassle of calculating manually and wasting money on the wrong plan. 

Factors Affecting Car Insurance Premium

Your car insurance calculator factors in a lot of aspects before giving you an estimated premium amount. Here are the main factors it considers in general —

1. Car Make & Model - High-end cars or luxury vehicles have a higher premium than economical or budget cars. 
2. Type of Coverage - Comprehensive insurance costs more than third-party insurance. This is because the former offers maximum coverage. 
3. Driver’s Age and Experience - Drivers with an age of less than 25 years appear to be risky drivers and have higher insurance premiums. On the other side, insurers tend to consider drivers over 25 safer, resulting in lower premiums for them.
4. Location - The premiums vary by city. The premium for Dubai and Abu Dhabi will differ.
5. Claim History - If you have filed multiple claims in the past, you show yourself as a risky driver. This will reflect on your premium. If you do not have a claim history, you can get the benefit of a no-claim discount or a safe driver discount from the provider. 

How to Use Policybazaarinsurance.ae’s Car Insurance Calculator?

Policybazaarinsurance.ae’s car insurance calculator in UAE is easy to use. Here’s how to use our calculator —

• Visit the official website and locate the motor insurance calculator option.
• Once you open the calculator, enter the specific information. 
• After you get the estimated premium amount, click on the ‘View Plans’ option. 
• Compare and select the right plan from the car insurance quotes page. 

Frequently Asked Questions