Motor Comprehensive Insurance

Motor Safe

Comprehensive Motor Insurance

In Oman, it is mandatory for vehicle owners to get their vehicles insured. Based on the usage of the vehicle, you can decide to choose the insurance policy best suited to your needs.

A typical motor or auto insurance policy covers the vehicle and its passengers. Thankfully, vehicle owners have multiple options these days.

There are two types of motor insurance –
Comprehensive motor insurance and
Third-party motor insurance.

To evaluate which suits you best, it is necessary to understand the cover they provide.

What is Comprehensive Motor Insurance?

As the name suggests, comprehensive car insurance or motor insurance is a package policy that covers a range of damages.

It typically covers the insured vehicle, driver, passengers, damage to the property and bodily injuries of third-party.

The policy extends its coverage and protects your vehicle protection caused by fire, theft, manmade or natural calamities.

The policy offers full-fledged coverage and stress-free life to the policyholder. The coverage is widely popular when people are looking for insurance for high-end cars. It would be rather naïve to think accidents are the only expected damage to a vehicle.

We often receive requests to suggest cheap car insurance. But why go cheap when we have affordable car insurance that suits every budget? Before finalizing an insurance company for  your precious vehicles, you must consider your policy requirements.

We at MIC have a basket of insurance services to suit all your Vehicle insurance needs. We offer some of the best car insurance plans that include full-coverage insurance to short-term car insurance. Our online insurance service also offers car insurance online.

Motor Comprehensive Insurance: MotorSafe

Motor Safe is the full coverage of motor insurance that we extend to our clients in Oman.
The policy is extensive, and it covers your vehicle as per the Unified Motor Policy. One of the best features of this policy is that it’s Sharia-compliant. It covers all kinds of vehicles,
including commercial, private, diplomatic, government, fleet, etc.

We also give you the option to customize the policy according to your needs. You can
conveniently protect your vehicle from several other damages apart from road mishaps.

Features of Motor Comprehensive Insurance Policy at a glance:

MICs Comprehensive coverage policy covers you against the following risks.

• Legal liability in respect of:
  • Death – OMR. 15,000/-
  • Bodily injury to third parties – As per Sharia law
  • Third-Party Property Damage up to RO.150,000/-
  • Policy coverage extended towards Driver, Passenger & Family members.
• Covers loss or damage of the insured vehicle
• UAE extension provides protection even during cross-border drives
• Seamless claim process
• Emergency Roadside assistance
• Coverage against theft, fire, or other acts of vandalism
• Coverage against natural calamities
• Coverage against lawsuits, including legal fees.

What does it not cover?

There are several things which no comprehensive auto insurance plan covers, such as:

• Depreciation of the vehicle or any other wear or tear caused by the aging of the
  vehicle.
• Mechanical breakdown
• The accident caused by an unlicensed driver
• The accident caused while driving under the influence.
• Damages to tyres and tubes. If the damage is caused during an accident, you can
  claim 50% of the replacement cost.
• Damage caused by war or nuclear attack.

Why you need Comprehensive Motor Insurance?

It is the highest form of protection you can buy for your vehicle. Even though the law does not mandate, it is always recommended due to the following reasons:

1. High-end vehicles: Comprehensive coverage should have opted on a relatively new and/or valuable vehicle as it protects you from potential financial loss.

2. Comprehensive coverage: Includes coverage for theft, fire, storm, tempest, and flood, hurricane or a tornado, vandalism, falling objects, damages done to your car by animals, civil disturbance, like a riot that results in damage or destruction of your car.

3. Affordable: While Third-Party Liability insurance may be cheaper upfront, in the long run, comprehensive motor insurance ultimately proves more cost-effective. It is advisable to compare comprehensive car insurance quotes online to get a clearer picture.

4. Fleet owners: Commercial fleet owners or companies that own and maintain a large fleet can benefit from a comprehensive motor insurance plan.

5. No claim bonus: Vehicles with good claim history are eligible for no claim bonus for every claim-free year.

6. Peace of mind: The extensive financial protection it provides keeps you stress-free while your vehicle is on the road.