How to arrange insurance for used cars? There are many ways to go about this, learn about them more below!
If this is your first time buying a used car you might worry about how to tackle buying used car insurance; perhaps you only bought a new car before that came with an insurance policy you kept renewing. Don’t worry! Buying old car insurance nowadays is a thankfully smooth process online. Whether you’re looking for basic third-party coverage or comprehensive car insurance for used vehicles, you can compare quotes from multiple insurers in minutes. After discovering how easy it is to find competitive used car insurance rates online, you might even start to regret renewing your default policy without comparing quotes to get the best value for your money!
Can you transfer the insurance already on the vehicle?
We will presume that you have met the seller of the vehicle, negotiated the price, and both agreed to go make the official transfer of ownership process, which requires having an insurance for used cars policy under your name. Note that if the current insurance policy is valid for more than 9 months, you can request that it be transferred. (Check our previous blog: Can a car insurance policy be transferred to a new owner if the vehicle is sold?) It might be worth considering if this applies.
Used Car Insurance vs New Car Insurance: Quick Comparison
| Feature | Used Car Insurance | Insurance for New Cars |
| Average Premium | 2–4% of car value | 3–5% of car value |
| Coverage Options | All types available | All types available |
| Depreciation Impact | Lower premiums over time | Higher initial cost |
| Best For | Budget-conscious buyers | Maximum protection seekers |
| Policy Transfer | Often available | Usually a new policy is required |
Understanding these differences helps you make informed decisions when purchasing old car insurance or evaluating your current coverage.
The kiosks at the Vehicle Inspection Centre
Your first option is buying an old car insurance policy at the Vehicle Inspection Centre right before you go through the inspection and ownership transfer process. You can visit one of the kiosks in the Inspection Centre to get an insurance policy, but that might not be the best thing to do as you might get better deals online, and when the insurance seller can’t count on being your only resort.
Choosing the easiest way: online insurance
Another option is taking a few minutes to fill a form on an online insurance comparison website, and hopefully one that offers you a dedicated personal shopper to help you through the process. This way you can view and assess the top few quotes for comprehensive car insurance for used vehicles tailored to your needs and make an informed decision. Of course, you might have some doubts about buying insurance online, that’s why we’d urge you to read our previous blog: Is it safe to purchase car insurance online?
Have more doubts?
Alternatively, and if you’re still a little uncomfortable with purchasing online, you can always reach out to our friendly team of insurance advisors at InsuranceMarket.ae, who would love to help you with any doubts you might have and guide you through the process of buying used car insurance. Whether you’re looking for insurance for new cars or specialised old car insurance coverage, whether you decide online is your option, or you prefer the phone, InsuranceMarket.ae can help you seal the deal! Happy Motoring!
Upgrade your car with YallaMotor, they provide car prices, specifications and features for new and pre-owned cars in the market.
