Shory Emerges as Game-Changer in UAE Car Insurance Market
In a significant development for the UAE’s rapidly evolving automotive insurance sector, Shory has introduced a groundbreaking digital approach to car insurance. The Insurtech company enables drivers to secure third-party and comprehensive vehicle insurance in less than 90 seconds, requiring only their vehicle’s plate number.
The UAE car insurance market, currently valued at USD 1.41 billion, is undergoing rapid digital transformation. Consumers are increasingly preferring user-friendly online insurance solutions, making companies like Shory particularly relevant. Shory’s fully online, paperless transaction process and real-time quote comparisons from top insurers in the UAE cater to this shift in consumer preferences.
Understanding Car Insurance Options in the UAE
The Central Bank of UAE (CBUAE) mandates that all drivers maintain at least third-party liability coverage. Shory offers both mandatory third-party and optional comprehensive vehicle insurance plans:
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Third-Party Liability Insurance:
- Covers injuries to others and damage to third-party property
- Fulfills the minimum legal requirement
- Typically costs between AED 551.25 (for renewals) to AED 2,200 annually
- Does not cover damage to the policyholder’s vehicle
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Comprehensive Car Insurance:
- Includes all third-party coverage plus protection for the policyholder’s vehicle
- Covers theft, fire, and non-collision damage
- Starts at AED 1,200 annually, depending on vehicle type and driver profile
- May include value-added services like roadside assistance
“Getting car insurance in Dubai is about more than just comparing prices; it’s about aligning coverage with real-world needs,” said Edward Glenn, car insurance specialist at Shory. “At Shory, we simplify this decision-making process by offering clear, side-by-side comparisons tailored to each driver’s lifestyle and priorities, empowering them to make truly informed choices.”
What Sets Shory Apart
Shory’s innovative approach combines industry expertise with the latest technology to position itself as a leading insurance company in the UAE. The company’s credentials include:
- Licensed by the Central Bank of the UAE (License Number 287)
- Outstanding 4.9-star rating on Google from over 5,000 customers
- Partnerships with top insurance providers in the UAE
- Flexible payment options, including interest-free installments
The digital platform offers several advantages over traditional insurance brokers, including instant policy issuance, 24/7 online access to insurance documents, and multiple payment methods such as Visa, Mastercard, and Apple Pay.
“Vehicle insurance shouldn’t be complicated or time-consuming,” said Amr Abdelghany, Operations Manager at Shory. “Our 90-second process represents the future of insurance in the UAE – fast, transparent, and customer-centric.”
As the UAE car insurance market continues to evolve, Shory remains committed to innovation, upgrading its app and website experience to meet and exceed customer expectations. With its focus on simplifying insurance while maintaining comprehensive coverage options, Shory is setting new standards for what UAE drivers can expect from their insurance providers.
For more information about Shory’s car insurance solutions, visit https://shory.com/car-insurance.
About Shory
Shory is an Insurtech company in the UAE specializing in digital insurance solutions that simplify obtaining and managing insurance policies. Licensed by the Central Bank of the UAE, Shory partners with top insurance providers to offer customers a wide range of coverage options with transparent pricing and instant policy issuance.
