Car insurance transfer is an essential step when you buy or sell a car. If you are unsure about the process, contact your insurance provider.
In the UAE, a car is not permitted to drive without a valid insurance policy. There is no exemption from this law. So, if you want to sell your car in the Emirates, you should make sure your policy has been transferred.
To transfer your car insurance, you must complete a few paper formalities. First, you must fill an application form. The application must include all the information on the vehicle and your possession. It also must include the name of the new owner, as well as the address.
You must then submit the car ownership certificate, the original passport copy with your residence visa, a NOC/release letter from your bank, and the final loan payment confirmation. Once the documents are submitted, you can begin the insurance transfer.
For insurance transfers, you will have to sign a contract. In addition, you will have to pay a transfer fee. This fee is based on the type of vehicle. A light vehicle is charged AED 350, while a heavy vehicle costs AED 750.
Moreover, before you can transfer your car, you have to be certain that your old registration is terminated in the current emirate. You should also clear any pending traffic fines.
The final step is to take a car test. Tasjeel, a government agency, will conduct a 50-point examination to ensure your car is mechanically sound and cosmetically intact.