 Car Insurance Premium : If you are looking for the best way to reduce your car insurance premium, then this news is for you. If your car insurance policy is increasing the cost, then you can reduce the premium of insurance by keeping in mind some of the following things.
In the corona epidemic, everyone hesitates to go to crowded places. Everyone wants to drive with their personal car, but in this era of inflation, it is difficult for people to buy a car.
Most of the people are buying a car by taking a loan, but every month after taking the loan, the burden of EMI starts troubling the common man a lot, because the insurance of vehicles has become expensive at present. Many times we feel cheated after getting insurance.
In such a situation, you have to keep in mind that whenever you go for car insurance, take special care of some things. By following these tips, you can also reduce your car insurance premium. So let’s learn some tips…
1- Take the best insurance after comparison
First of all, you should compare the insurance of all the companies. Before you insure or renew your car, know the plans of all the insurance companies in the market thoroughly. Contact the insurance agent of all the company and get the quotation near you. If you find it expensive, then compare it with the quotations of other companies and take the insurance which suits you.
2- Get information about the discount
When you go to a company, ask for a discount from the company. Whenever you insure your vehicle, be sure to get information about the discount from the dealer or insurance provider. Many insurance companies also give additional discounts to those who follow the traffic rules. If you have taken fewer claims, then insurance companies take this into account. In such a situation, you can claim for no claim bonus.
3- Cut premium by transferring to NCBÂ
If you have earned a huge no-claim bonus in 6-7 years, and are planning to buy a new car, you can cut your premium significantly by shifting the NCB from your old insurance policy to the new car insurance. Huh.
4- Customize the policy
You should choose the car insurance policy according to you. If you want to reduce the insurance premium, then you can customize the policy according to your needs. However, companies also offer some packages such as claim for loss of keys, in addition to benefits such as Engine Secure, Road Side Assistance, Claim for Loss of Personal Items. This increases your premium. If you want, you can choose the policy with low premium according to you.
5- Buy a car with end-theft device
You should look into buying a car with an anti-theft device. This will save you huge. You ask how? If your car is equipped with devices like GPS, steering lock, which reduce the risk of car theft, then you should buy such cars, this may make your car a little expensive, but the burden of your insurance policy will also be slightly less Will happen.
6- Do not modify the car
You should not get the car modified from outside. Often nowadays people modify their car or bike according to their own. Doing so voids the warranty of your car. Insurance companies also increase their premium, so if you want to avoid expenses, then you should not get the modification done in the car.
