Friday, May 7, 2010

Typical Ways to reduce your Car Insurance premium

Save big bucks by shopping around for cheap car insurance. Our analysis shows a big gap Between the most expensive and cheapest Policies in India. However, According To People Often pay the amount of cover That They Get. Other Than mall around, There Are Ways to get cheap auto insurance. Following are top 10 Ways to get cheap car / auto insurance:

   
1. Car Insurance Premium Increases Depending on the number of luxury you add gadgets like night vision, ultrasound sensors, etc..
   
2. Facilities like immediate assistance program from the insurers in case of car breakdown will add to your premium cost.
   
3. The amount of Voluntary Excess Also you choose to pay the cost of your determine this policy to Some Extent. This Refers to the amount That You Will Have to pay in case of an accident. Thus, higher the Voluntary Excess, the lower the insurance premium will be.
   
4. Insurance for loss of Personal Belongings, car locks, etc. adds to the premium cost.
   
5. A No Claim Bonus Can Also fetch you some good amount of discount. These discounts Increase NCB as the years increase. Obviously, There is an upper limit to NCB.
   
6. Nominating drivers or restricting the use of your car to drivers of Un certain age will Also help you reduce the premium.
   
7. The anti-theft and safety features like your car has airbags, Antilock brakes and immobilizers should help you get a premium Better Because These Are Used Reasons for safety.
   
8. Insurance companies offer discounts to the May Insured Owning More Than One policy with the same company.
   
9. Avoid lapses of the policy, it might disqualify the discounts Otherwise Have you benefit from.
  
10. If You Have a garage, Then start the car Sheltering In The Garage, discount Attract Such vehicles.

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