Wednesday 23 January 2019

6 Tips For Lower Car Insurance Premium

Welcome to fun no money your twenty-four-seven buddy for all your money matters all of us need to buy car insurance below and of course we need to renew our to insurance coverage every year many of us keep hearing of possibilities of paying lower premiums but how does one do that well weight is going to be over soon we will give you 6 tips and how to save on your car insurance premium that's coming up here are six tips in how you can save on car insurance premiums renew before the policy lapses you need to pay much higher in shorter premium if you go for renewal after the expiry of your car insurance coverage.

therefore ensure that you do new your auto insurance policy before its expiry make sure you get a no claims bonus if you are renewing your car insurance and haven't made any insurance claim during last one year you could be eligible for a no claim bonus NCB this is typically a 20% discount on basic insurance premium to keep receiving this benefit avoid making small claim to small value repairs install and are a I approved anti-theft device if you have good safety features in your car which reduce the chances of theft insurance companies will give you a discount on the annual premium of your conscience install an REI automative Research Association of India approved safety features to get the siscon to decide the right value for your car your auto insurance premium primarily depends on your ID be in short declared value you select higher the IDB higher the car and short premium you pay idv is the amount.

 Car Insurance


which you would get in case of an irreparable damage to your car it's theft or loss a correct idv ensures that you don't pay a higher premium your financial adviser insurance advisor or insurance broker could be a great help to you in this matter of providing guidance get a discount on your occupation there is a discount based in the occupation which is offered by insurance companies where is profiles like teachers government employees doctors chartered accountants military personnel among others check if your profile is eligible for the discount and available of the well we'll compare all options rather than just going ahead with premium payment after getting a quote from a existing insurance company it would be better to look out for car insurance quotes from other auto insurance providers with online insurance ad later it's much easier to get car insurance quotes online from different car insurance companies and go for the one with a lowest premium we hope you found this useful do share with us in others in the channel your tips on saving money on car insurance premiums for more such actionable personal finance information.

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