Used a car insurance calculator online and found the premiums too high? Well, there are some smart tips you can use to lower the premium of your plan. We have listed some of them below:
1. Avail NCB- If you maintain a claim-free record for long enough; you could be enjoying discounts of up to 50% on your car insurance premium. So be smart when it comes to claims and enjoy BIG savings on your car insurance policy.
2. Install Safety Features- Adding safety devices to your car gives you more protection from untoward events. However, it also helps reduce the cost of your car insurance policy.
3. Choose the right Coverage- Use our car insurance calculator and find the right price of add-ons. Choose the necessary add-ons and reduce your car insurance premium accordingly.
4. Policy Renewal on Time- Always renew your policy on time to avoid paying penalty, inspection charges.
5. Opt for Voluntary Deductible- You can opt for a higher voluntary deductible to enjoy a lower premium.
However, it is also important to not get carried away and opt for an extremely high voluntary deductible – this could cause huge expenses in case you need to make a claim. Make efficient use of the car insurance premium calculator to choose a deductible amount that suits your budget.