The “Total Value” Myth: Understanding Market Value in 2026

What is Your Car Really Worth?

When you buy car insurance online, you are asked to provide a “Sum Insured.” Most people just guess or use the price they paid three years ago. This is a dangerous mistake. In 2026, the UAE car market is highly volatile. Used car prices can go up or down 15% in a single month! At CoverB, we want to make sure you aren’t “under-insured.”

Market Value vs. Sum Insured

If your car is worth AED 100,000 but you insure it for AED 80,000 to save on the premium, you are only 80% covered. If you have a total loss, the insurer will only pay you AED 80,000. Conversely, if you insure it for AED 120,000, you are “over-insured.” You are paying a higher premium for money you will never receive.

How CoverB’s Valuation Tool Works

On https://coverb.ae/motor-insurance/, we provide an AI-driven valuation tool. We look at real-time 2026 data from across the UAE to tell you the exact market value of your car. This ensures you get the best car insurance in uae at the most accurate price.

The “Agreed Value” Savior

For those who want to avoid the market roller-coaster, we suggest “Agreed Value.” You and the car insurance companies in dubai agree on a fixed price for the whole year. No matter how the market crashes, your payout is locked in.

Conclusion: Knowledge is Power

Don’t guess your car’s value. Get it right and save money. Visit CoverB today, use our free valuation tool, and buy car insurance online with total confidence.