Inflation has hit Dubai similarly to the rest of the world as consumers face increased costs. Nowhere is this more true than with regards to car insurance. Meanwhile, the cost of traditional vehicle insurance is on an upswing that increases financial pressure for drivers who are already dealing with expenses. Cultivating this difficult climate, the new Pay-As-You-Live insurance idea from DoozyOnline brings a freedom to breathe with cheaper and elastic rates for those who have been finding their premiums at an all-time high.
Inflation is multi-dimensional, and every angle of it led to the rise in car insurance rates. All of these factors have led to an unprecedented increase in the cost of repairs both for more expensive spare parts, labor, and materials. Claims costs for insurers have also been driven higher, in part by an increase in premiums needed to cover medical expenses associated with accidents. Such issues have also been exacerbated by logistical hurdles such as supply chain problems making it more expensive for insurers to operate.
This trend is largely responsible for the significant increase in car insurance rates that have been seen recently throughout Dubai. That means drivers have less of their already-earned money to pay for other important bills. These are extra difficult times for some; especially if you're the sort who relies heavily on their cars and trucks to get work done, go about your family duties, or make that daily commute.
Along comes Doozy with its pay-as-you-go insurance idea, fitting the bill in these tough times. Relying on the old notion that a one-size-fits-all approach to car insurance dubai is no longer practicable, Doozy eschews traditional insurance models which assign fixed premiums depending on different risk factors. People are charged based only on the distance they drive, eliminating charges for coverage that isn't used. It is a device that can provide relief in particular for those who commute with public transport, run a business from home, or just drive rarely.
Doozy uses telematics to monitor mileage and give policyholders greater understanding as well as control. Paying based just on distance driven, drivers can save double the amount of what they could cut with traditional policies. Especially in inflationary times when every dirham matters.
You get more than savings from Doozy's Overview of a flexible plan. It allows drivers to take control of their motor insurance dubai costs and make better decisions around how they drive. It means encouraging more sedate driving, but safer too and reduces use of the roads. On top of this, Doozy has a simple pricing model that does not have unnecessary charges for the clients and provides them peace of mind.
Consider, for example, a working woman/girl who predominantly prefers public transport to commute on a daily basis. She was able to cut her insurance premiums in half by moving over to Doozy. A retiree who drives his car only for the occasional errand discovered Doozy was able to meet his needs exactly — and he has saved a bundle.
When it comes to Dubai, the battle with inflation still rages on but Doozy and its powers of pay-as-you-go insurance might be able to save them. Doozy is giving drivers the freedom to manage their cost of insurance and navigate this inflationary environment with confidence by providing them with flexible, cheap & transparent coverage. When conventional auto insurance is in desperate need of a shake-up, Doozy has the answer with not just cheaper prices but also to bring fairness and sustainability into play within an age-old industry.