How to Save On Car Insurance Premiums; Here Are The Ways

Car Insurance

While third-party car insurance is important, it is also necessary to have comprehensive insurance so that the car is protected against any accidental damage. Usually, the motor insurance premiums need to be renewed every year. 

Ways to save on Car Insurance Premiums 

1.Compare Rates Online- One can go online and do comparisons when it comes to motor insurance premiums. It is possible to find the best deals online. If one finds a better rate with similar features that can always port motor insurance policy. 

2. Choose A Voluntary Deductible 

Like a health insurance policy, one can also opt for a deductible in motor insurance policy. Having a higher deductible reduces car insurance premiums. 

3. Pay-As-You-Drive Car Insurance 

If one drives the car less or has a second car that does not drive that much, then one can go for pay-as-you-drive car insurance. Here the premium is charged based on the total number of kilometers the car drives. 

4. Avoid Add-Ons You Do Not Need 

Car insurances can come with many add-ons. Some of these may be zero depreciation, engine protection and tyre protection etc. The insurance premium goes up with more add-ons one opts for. It is important to choose only the add-ons needed. 

5. Avoid Small Claims 

When the amount is small it is best not to make an insurance claim. In case one makes such claims, then no-claim bonus the following year can not be availed.

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