How can I Reduce Car Insurance Premium?

Having said that, here are a few ways to reduce your car insurance premiums!

Go For Voluntary Deductibles

In case of a claim, you pay a decided amount and the rest is paid by the insurer. The higher the deductible, the lower the premium.

Collect No Claim Bonus (NCB)

For each year without any claims, you collect No Claim Bonus. This, in turn, reduces your premium for the next year.

Add Security Features to Lower the Premium

Installing ARAI-approved security devices in your car can reduce the risks of theft and chances of claims. Thus, the motor insurer may lower the premium.

Renew on Time

By avoiding a lapse in the policy, you save yourself reinspection of the car. You also avoid the premium hikes and continue at the old rate.

Choose the Right Car Insurance

Lastly by choosing the right car insurance policy, you can reduce the insurance premium right from the start.

Are you aware that long term motor insurance policies are available and are an easier way of saving premium?

To know more visit: https://www.tataaig.com/motor-insurance Or Call Toll Free No: 1800 266 1363

Now that you know how to lower your premiums, make sure you never hit the road without a comprehensive motor insurance!