Can car insurance policies overlap? - PowerPoint PPT Presentation

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Can car insurance policies overlap?

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Are you considering upgrading your current auto insurance or switching to a new one with better benefits? Will both of them work at once? Learn more below! – PowerPoint PPT presentation

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Title: Can car insurance policies overlap?


1
CAN CAR INSURANCE POLICIES OVERLAP?
let's get started
2
OVERVIEW
  • Introduction
  • Insurance Rules
  • Points to remember
  • Conclution

3
INTRODUCTION
Are you considering upgrading your current auto
insurance or switching to a new one with better
benefits? Will both of them work at once? Learn
more below! For several reasons, it is not
possible in the UAE to have two different
insurance policies, even of different types, on
the same vehicle. An important point to note here
is that each emirate has a centralized traffic
portal where all car information is registered.
4
CAR INSURANCE RULES
When a user purchases insurance for a registered
vehicle that already has an active insurance
policy, the new policy's information is added to
the vehicle file on the traffic portal, and the
active insurance policy for the registered
vehicle automatically replaces the existing one.
The second general rule that applies to all
insurance, including auto insurance in Dubai, is
that you cannot ensure the same thing twice for
the same set of circumstances.
5
POINTS TO REMEMBER
  • When you buy car insurance in Dubai ahead of
    time, you automatically cancel your current
    policy. This is insurance that you have already
    paid for with your hard-earned money. So always
    consider whether this move is financially logical
    for your current situation and needs, as well as
    whether it is feasible. Some insurers prohibit
    early cancellation unless the vehicle has been
    sold, and there may be cancellation penalties to
    consider.

6
POINTS TO REMEMBER
  • If you want to increase your protection when
    purchasing a new car insurance policy, call your
    current insurer and see if there are any add-ons
    you can add to your current policy that will
    suffice for the time being and until your policy
    expires.
  • Use this situation as a learning opportunity to
    take your motor insurance Dubai purchasing
    decisions seriously and not rush through the
    process. Alternatively, contact an insurance
    comparison website with a dedicated personal
    shopper who will make insurance purchasing a
    breeze.

7
CONCLUTION
If you have any further questions about switching
from one insurance type to another, or if you
want to find the best insurance deal for your
budget, please contact the Oman Insurance Company
in Dubai. They are one of the best car insurance
services in Dubai and will go above and beyond to
address all of your concerns and offer you the
best deals in the market. They offer prices,
specs, and features for all new cars on the
market.
8
THANK YOU
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