Best House Insurance Companies in Dubai with Contact Details

Insurance Companies in Dubai : House Insurance Companies in Dubai : List of House Insurance Companies in Dubai with Contact Details. Choose from the best house insurance companies in Dubai and compare prices, cost and reviews. Find the best price for house insurance in Dubai UAE. Compare how much house insurance cost in Dubai and save money. People who want to financially protect themselves and their property against crime and natural disasters often take out homeowner’s insurance policies. Many insurance companies sell homeowners insurance and some specialize in this type of insurance.

Some homeowner’s policies protect against maladies that happen everywhere like crime or structure fires. Some homeowner’s insurance policies insure homes against specific natural disasters and are often only sold in areas prone to those natural disasters. Some disaster-specific kinds of homeowners insurance polices include: flood insurance; wildfire insurance; hurricane insurance; tornado insurance; earthquake insurance; volcano insurance; and tsunami insurance. Disaster-specific policies will only pay if a home is destroyed or damaged by that kind of disaster.

House Insurance Companies in Dubai : List of House Insurance Companies in Dubai with Contact Details. As a homeowner, you want to be sure your house is protected in the event of an accident or theft. Not protecting your home could lead to great monetary responsibility in the event of a flood, fire, or earthquake. Protect your home with homeowner’s insurance. This type of insurance, also called hazard insurance, covers loss of property due to a variety of causes, from natural disaster to vandalism. Homeowners can take out this insurance through their regular insurance company.

Through this insurance, a policy holder can enjoy additional protection against liability if someone is injured on his real estate property such as a house. Water, smoke, or fire; no homeowner wants to have to deal with a disaster, but they do happen. By taking out a policy for homeowners’ insurance, the policy holder can get financial help to recover from such a disaster and recover the home’s value. Rates vary by insurance agency, but they all hover around the same amount.

Homeowners Insurance in Dubai : Your agent can give you a quote on a homeowner’s insurance term that’s right for you, with payments that you can afford. Landlords can obtain landlords’ rental property insurance quotes specific to their situation. You can get advice and information on how to cut your premiums and save some money by visiting online sites for term life insurance and homeowner’s insurance.

Consult your agent on insurance of home equity conversion mortgages, along with rates on life insurance and liability coverage. Your agent can advise on the latest laws and regulations, give cheap rate quotes, and advise you on how to best protect your estate from damage. This damage can include water, fire, and smoke damage, in addition to damage caused by intruders. Keep your home safe from harm with a homeowners’ insurance policy that’s right for you.

House Insurance in Dubai

House Insurance Companies in Dubai : List of House Insurance Companies in Dubai with Contact Details. Choose from the best house insurance companies in Dubai and compare prices, cost and reviews. Find the best price for house insurance in Dubai UAE. Compare how much house insurance cost in Dubai and save money. Find the top house insurance companies in Dubai with name, contact telephone numbers, email addresses, websites, Facebook link, location map, driving directions, deals, offers, prices, costs, coupons, vouchers, reviews and ratings. Find bellow list of house insurance companies in Dubai UAE.

1. United Insurance Company
Address & Location: Airport Rd, Dubai, United Arab Emirates
Telephone Number: +9714 250 2501
Category: Insurance

2. Al Nabooda Insurance
Address & Location: Al Wasl Road, Dubai, United Arab Emirates
Telephone Number: +9714 312 1333
Category: Insurance

3. Al Khazna Insurance Company
Address & Location: Al Ittihad Road, Dubai, United Arab Emirates
Telephone Number: +9714 217 3333
Category: Insurance

4. Oman Insurance Company
Address & Location: Dubai Healthcare City, Dubai, United Arab Emirates
Telephone Number: +9714 363 5380
Category: Insurance

5. National General Insurance
Address & Location: Deira, Dubai, United Arab Emirates
Telephone Number: +9714 211 5892
Category: Insurance

6. Methaq Takaful Insurance Company
Address & Location: Deira, Dubai, United Arab Emirates
Telephone Number: +9714 260 1601
Category: Insurance

7. Dubai Insurance
Address & Location: Al Rigga, Dubai, United Arab Emirates
Telephone Number: +9714 269 3030
Category: Insurance

8. Salama Islamic Arab Insurance
Address & Location: Oud Metha, Dubai, United Arab Emirates
Telephone Number: +9714 357 7000
Category: Insurance

9. Oriental Insurance Company Limited
Address & Location: Bur Dubai, Dubai, United Arab Emirates
Telephone Number: +9714 353 8688
Category: Insurance

10. AFIA Insurance Brokerage Services LLC
Address & Location: Dubai, United Arab Emirates
Telephone Number: +9714 421 5819
Category: Insurance

House Insurance Dubai Location Map

House Insurance Companies in Dubai

Insurance is a financial institution classified as a non bank financial institution. They are important financial inter-mi diaries. It is believed to have originated from the ancient practices of inhabitants of the valleys of rivers Tigris and Euphrates in the present day Iraqi in about 4.000BC. History has it that in 1800BC, the Babylonians code of Hammurabi contained provisions which had elements of insurance in the laws that govern their commerce. But today what we have in the industry, both locally and internationally had moved from just an agreement between two persons into a very big industry across the globe.

Going by definition, we learn that insurance means a situation whereby someone protects his or herself against risk and reduce effects of uncertainties as well as distribute loss. Other explanation to this owe it to the situation whereby a certain amount of money when collected from someone by an insurance company agrees to pay a compensation or render services to that person if and whenever that person suffers the kind of loss specified in the insurance agreement; and from the explanation, this is where an insurance company comes into play since they are the people that will go into agreement with the person taking any insurance policy against any of his belongings. This industry has widely been believed as a means whereby people reduce the risk of unforeseen circumstances. As financial intermediaries, they act as middlemen between the surplus units and deficit units of the economy thereby sustaining the general growth of the economy.

One may ask, how do insurance companies generate the money used in compensating their policy holder when affected by any mishap? The answer to this question, will lead us into talking about the various means via which the insurance companies make their money and how their policy holders are compensated. The truth is that, the money they collect from their policy holder (i.e one that has an agreement with the insurance company) is invested in the form of premiums (an extra sum of money paid in addition to the normal cost of something. by BBC. Eng. dict) and that money is invested in Bonds, in stocks, mortgages (i.e house) and government securities (in our subsequent article, we will explain more of this: Bonds, stocks, mortgages and govt. securities).

They generate income for themselves and those who are in their service. They invest their policy holder’s money in better business that has short term maximum returns on investment and from there meet their numerous needs when needed in claims and losses. These funds themselves are invested, that not only do they earn interest to be added to the funds, but they also benefit the government, public authorities, and industries whose securities the investment are spread, because of the investment policy of the insurer (we will explain later), their reserve funds are not left idle butt are used productively.

Another way via which the insurance companies compensate those who are in their service is that the contribution of many is used to compensate the few among them who were affected by the misfortune insured against. So the loss of few people is share by many. We hope that to this extend, you must have understood the above explanation about insurance company.

Now the next thing we will be considering is the functions of the insurance companies in Dubai UAE. Amongst other functions, the main function of the insurance company is risk bearing, the financial losses of individuals are judiciously distributed among many people, for example, in the case of fire, the policy holder in fire insurance pays a premium into a common pool, out of which those who suffer loss are compensated.

How To Find The Best House Insurance Quotes

Kinds of Home Insurance Coverage

As you may hear when you get insurance quotes, there are broadly three kinds of home insurance to choose from:

Actual cash value. This type of insurance policy provides policy owners with the cash value of their home when they make claims. Do note that it’s possible that some money will be deducted due to depreciation.

Replacement cost. This type of insurance policy will pay for the costs involved in repairing or rebuilding your house. This doesn’t make deductions for depreciation.

Guaranteed or extended replacement cost. This provides the highest level of protection, paying for the value of the property, including those inside the home, prior to it being damaged or destroyed.

What Affects House Insurance Quotes?

It’s not just the different rates that make home insurance quotes different. There are several factors that can affect how much you will be asked to pay to get coverage for your home. Some of these include:

The type of home you have. Condo insurance premiums will be different from the premiums of a house-and-lot property.

The age of home. The age of your home can also affect how much you will be charged on your premiums. The older the property, the higher your premiums you will have, since these have more risks than newer houses.

Materials used. The poorer the quality of the materials, the more expensive your premiums will be.

The amount of security your home has. The more security features are installed in your home, the better the price you will be given in your house insurance estimates. For example, a home that has a burglar alarm, a smoke detector, and a fire sensor will be charged for coverage more cheaply than a home that has none of these.
Location.

Location can also affect your house insurance quotation. It’s not only the safety of the neighborhood your property is in that plays a role in how much your premiums will be; the closer your home is to fire and police stations, the cheaper the house insurance quotes that will be given to you. Furthermore, your premiums are higher if you live in an area that’s prone to flooding, earthquakes, and other disasters. You can also get specific apartment insurance if you live in an apartment or condo.

Factors to Consider in Getting House Insurance Quotes

When it comes to home insurance, don’t just consider the home insurance quotes if you want to be fully protected from any dangers or damages. To get the best coverage possible, please consider the following factors:

The amount of coverage you want.

First of all, you need to weigh in which is more important to you: the amount of coverage, or cheap house insurance. The cheaper the premiums, the less coverage you have; conversely, the higher your house insurance quotation, the more your properties will be protected. If you have the budget, do get for the comprehensive coverage. You may end up spending more money, but you will have the protection you need in case anything unexpected happens. However, if you don’t have that much money, try to balance between good house insurance quotes and good coverage to get the best possible deal. At the very least, get the essentials, both from manmade and natural disasters.

The value of your property.

Make sure that you get your property appraised to get house insurance estimates that corresponds to the value of your home.

The contents of your property.

If your budget can afford it, do get the properties inside your home covered as well. Your house insurance quotes may be higher, but at least you can have peace of mind knowing that all of your properties are covered by your insurance.

How to Get House Insurance Quotes Quickly and Easily

The quickest and easiest way for you to get house insurance quotes is by going online and comparing the offers of the different insurance companies. These websites are pretty easy to use: all you will need to do is to enter your area to go to a page with home insurance quotes that fits your needs. When it comes to home insurance, be sure that you don’t jump into anything without evaluating what your options are. Compare the house insurance quotes of the different insurance companies so you can see which one provides the best deal and the coverage that you will need.

Insurance, Homeowner Insurance, Home Insurance, Homeowners Insurance Cost, Homeowners Insurance Companies, Home Owner Insurance Quote, Liability Insurance, Homeowners, Liability, Fire Damage, Earthquake Insurance, Flood Insurance, New Homeowners Insurance, Online Homeowners Insurance, Home Insurance Estimate.

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