Quite similar to buying your next phone online buying motor insurance plans online can also help you save a lot of money on your motor insurance premium too. It is always advised that before you buy a new policy or renew an old you can always look at online comparison to find the right policy that fits well to your needs and also find the one which charges the lowest price for covering your motor at an highest IDV.
But other than the online ways of buy car insurance online plans India which can lead to lot of savings there are a set of rules that if you follows can anyways help you save a lot of money on your motor insurance premium.
Below are the list of smart of set of rules through which you can enjoy savings are the following:
• Your motor insurance premium would increase with the number of luxury accessories that you add to your motor like night vision, ultrasound sensors etc. So your regular driving habits don’t require usage of smart technology you can anyways avoid them to reduce the premium cost.
• Extra added facilities like on road assistance though might look like an attractive offer and may sometime be very helpful but you always evaluate these extra facilities based upon your driving needs before you opt for one because anyways the insurer is going to charge an extra money for it.
• You can at anytime reduce your motor insurance premium by just increasing the amount of voluntary payment that you agree to claim while making a claim. In a case like this if the percentage amount is high the insurer always incentivizes a policyholder by charging a lower premium.
• Avoid making small claims of your motor insurance policy which in turn erodes the NCB in your policy and the related discount in premium.
• Avoid policy lapse, do remember to renew your motor policy always one time. You should remember that motor policies don’t have grace premium like other form of insurance policies. The time a policy is lapsed you are forced to buy a new policy and in a case like all the benefits that you have enjoyed in the earlier policy would finish and you again need to get your motor surveyed by a surveyor and who will evaluate the risk associated with insuring your vehicle as per true current state which any ways would increase the cost of motor insurance premium.
• Try focusing on installing systems which can give an extra security to your motor. An insurer always incentivizes policyholders who follow this step.
buy motor Insurance Online plans, So not just buying the cheapest policy can bring a lot of savings on your motor insurance premium but if you follow certain steps as mentioned above can add an extra amount of savings
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