One. Pay for minor damages yourself. Don't make small claims. This affects your no-claim bonus, which can go as high as up to 50% and save you hefty premium year after year...endlessly...until you make a claim.
Two. No-claim bonus is for the driver...not the car. So when you sell your old car, don't forget to transfer the no-claim bonus from the old policy to the new policy.
Three. Take advantage of the competition. Compare policy premium rates across various insurers before buying one. Also, buying covers online are not only convenient but also cheaper.
Four. Is the probability of damage/accident low (e.g. you are a safe driver or you don't drive your 2nd car too often or you are a carpool member)? Then you can opt for higher voluntary deductible i.e. the amount that you are willing to bear in case of a claim; beyond which the insurer will pay the balance claim amount.
Five. Don't blindly opt for various add-on covers. Choose them carefully after analyzing their relevance to your requirements.
Six. Install theft-protection and safety devices in your car.
Seven. Consider the option of taking membership of a recognized automobile association.
Eight. Check if you are eligible for a special discount (like doctors).
Nine. Check if the insurer offers any loyalty discount for renewing the policy or buying all policies from the same company.
Ten. Make sure that you pay your premiums on time and renew the policy before the due date. Any delay could lead to losing your no-claim bonuses/discounts.
Two. No-claim bonus is for the driver...not the car. So when you sell your old car, don't forget to transfer the no-claim bonus from the old policy to the new policy.
Three. Take advantage of the competition. Compare policy premium rates across various insurers before buying one. Also, buying covers online are not only convenient but also cheaper.
Four. Is the probability of damage/accident low (e.g. you are a safe driver or you don't drive your 2nd car too often or you are a carpool member)? Then you can opt for higher voluntary deductible i.e. the amount that you are willing to bear in case of a claim; beyond which the insurer will pay the balance claim amount.
Five. Don't blindly opt for various add-on covers. Choose them carefully after analyzing their relevance to your requirements.
Six. Install theft-protection and safety devices in your car.
Seven. Consider the option of taking membership of a recognized automobile association.
Eight. Check if you are eligible for a special discount (like doctors).
Nine. Check if the insurer offers any loyalty discount for renewing the policy or buying all policies from the same company.
Ten. Make sure that you pay your premiums on time and renew the policy before the due date. Any delay could lead to losing your no-claim bonuses/discounts.
