NO CLAIM BONUS (NCB)The sure shot way of reducing your car insurance
premium is by earning the NCB for your car.
MAKE SMART CLAIMSFile a claim against your car insurance policy
only when you cannot personally afford to pay for the cost of damages. Making
small claims will reset your NCB cycle.
ANTI-THEFT DEVICESIf you buy and install any security devices,
for example, an Anti-theft device, you will earn a discount on car insurance premium.
OTHER FACTORSProviding accurate information like: geographical
location, age of owner, profession or marital status, will result in better pricing
for the policy you purchase.
TIMELY RENEWALSAvoid policy lapse by renewing your car insurance
policy on time. This will help in availing the No Claim Bonus.
ADD-ONSSelect only those add-ons which you absolutely need.
MODIFICATIONSExpensive modifications will increase the cost of
car insurance policy as you would want to get these parts insured against risks
along with the car. If your priority is to reduce the amount of premium, then
avoid these modifications.