Impounded Car Insurance
Impounded car insurance is increasingly popular in the vehicle insurance market. Cars and vans are impounded everyday across the UAE. It is important to the owners of these vehicles that they are released quickly. Impounds charge a daily rate on top of release fees of an impound vehicle, so the longer a vehicle is in the impound the more expensive the overall costs.
A vehicle can be impounded for many reasons. This can be from parking violations, dangerous driving, and unqualified drivers of the vehicle being linked to a crime.
The procedure to get a impound vehicle released:
When a car is impounded there is a set procedure to get your impound vehicle released:
- You firstly have to take out impounded car insurance, or let your insurers know that your car has been impounded.
- You will then return to the impound, where the police will review your documents such as your license and insurance.
- Finally if all is well, your car will be released to you. If not, you have to ring your insurers who will then advice you on your next steps and discuss your options with you.
It is very important that you are honest about all of the information about your driving history to the insurers. Such as, points on your license or any driving offences you may have. If you fail to do so, you will be faced with fees to change the policy and release of your car refused. If your car is refused release on terms that you provided incorrect information, you will not receive a refund of the policy.
What Axios Insurance & Reinsurance Solutions DMCC Offer:
Short Term Policy
Here at alternative we offer two types of impounded car insurance. The first type of insurance is short term and lasts for either 28 or 30 days. We have a wide range of short term impound policies available to us from our panel of insurers. This means that we can find a policy that will match your personal requirements.
Annual Policy
Our second type of insurance is an annual policy. The payment for this type of policy can be split into a deposit and set installments. This policy can be more cost effective, especially if the vehicle is to be kept after it’s released.
Our Service
Our team are highly experienced in impounded car insurance. We have years of experience, releasing thousands of cars. We are able to offer expert advice if you are unsure of what your next steps should be. Here at Axios Insurance & Reinsurance Solutions DMCC, we understand that having your car impounded can be a stressful time. That’s is why we make sure that you are getting the best insurance for your needs. We also ensure that all documents are sent to you as soon as possible to ensure your vehicle is released quickly.
If you have any questions about impounded car insurance. You can also visit our impound insurance page on our website to find out more.