Car insurance shock! Is your pocket empty? Know how to reduce insurance expenses
Your car is your pride, but its insurance? That is a storm on the pocket!
Friends, everyone likes to have a car. Go out for a drive, go for a stroll, go to office, this car accompanies you everywhere. But one more thing comes with the car, that is car insurance. This insurance is necessary, but its increasing cost becomes the enemy of the pocket.
Today we have brought some such amazing methods for you, with the help of which you can reduce the cost of car insurance. So this video is no less than a bonus for car lovers!
1. Shopping will get the right price
The first amazing method is to shop among the companies. Yes, do not make the mistake of getting insurance from the same company again and again. Every year, at the time of renewal, ask for quotations from other companies. You will not believe, sometimes other companies can give you a much lower rate. So work a little hard and save money in your pocket.
2. Drive less, save more
Friends, the hobby of driving more may be good, but it also increases your car insurance cost. If your car is driven less, then many companies give you low mileage discount. Therefore, take the car only for important works and save money.
3. Show driving skills, get discount
If you are a good driver, then you can also take advantage of this on the insurance premium. Many companies give safe driving discount. To get this discount, your driving record should be clean. So follow the traffic rules and be a responsible driver.
4. Get advanced features installed in the car
Nowadays, many advanced features have started coming in cars, which help in reducing accidents. If your car has such features, then some companies can give you discount. So you can reduce the insurance cost on a car with features like airbags, anti-lock braking system, electronic stability control.
5. Save money by shopping online
In today's time, the trend of online shopping is increasing rapidly. You can also buy car insurance online. Many companies give discounts on online shopping. Therefore, you can reduce the cost of insurance by shopping online.
Now you have five great ways, with the help of which you can reduce the cost of car insurance. So what are you waiting for? Adopt these methods today and save your pocket from getting heavy.
Hidden expenses in car insurance, know how to save
The cost of insurance is increasing, the pocket is getting empty, but now do not be afraid, we will tell you the tricks, how to reduce the cost, without any trap.
Friends, we have told you how to reduce the cost of car insurance, but do you know that many times there are such hidden expenses in insurance, which empty your pocket?
Today we will tell you about these hidden expenses and tell you how to avoid them.
1. Take care of accessories
When you get car insurance, you also have to tell about the accessories installed in your car. These accessories can include your car audio system, seat cover, or any other modification. If you do not tell the insurance company about these accessories, then your insurance claim may be rejected. Therefore, definitely give information about all the accessories installed in your car to the insurance company.
2. Know about deductible
Deductible is an expense that you have to pay yourself at the time of any claim. It is a kind of small expense imposed on you by the insurance company. The higher your deductible, the lower your insurance premium will be. But if your accident is big, then the deductible will also be high. Therefore, take a careful decision about deductible.
3. Avoid additional coverage
Many times insurance companies persuade you to take additional coverage. These additional coverages can increase your insurance premium. Therefore, it is not necessary that you have to take all types of coverage. Choose coverage according to your need and avoid additional expenses.
4. Understand the claim process
It is very important to understand the claim process. If you do not understand the claim process, then you may face difficulty in making a claim. Therefore, understand the claim process well from the insurance company.
5. Pay the premium on time
It is very important to pay the insurance premium on time. If you pay the premium late, your insurance may be cancelled. So, remember the premium due date and make the payment on time.
By knowing about these hidden expenses, you can reduce the cost of car insurance. So pay attention to these things and save your pocket from getting heavy.
Hidden expenses in car insurance, know how to save
Insurance costs are increasing, pockets are getting empty, but now don't be afraid, we will tell you tricks, how to reduce expenses, without any trap.
6. Take care of claim history
Your claim history also affects your insurance premium. If you have made claims many times in the last few years, then your insurance premium may increase. Therefore, try to avoid making claims as much as possible.
7. Check the rating of the insurance company
The rating of the insurance company can also affect your insurance premium. If you choose an insurance company with a good rating, you can get better coverage and lower premium. Therefore, definitely check the rating of the insurance company.
8. Take care of car safety
The safety of the car also affects your insurance premium. If you take good care of your car and use safety equipment, then your insurance premium can be reduced. Therefore, take care of your car safety.
9. Park the car in a safe place
Parking the car in a safe place can also affect your insurance premium. If you park the car in a safe place, then your insurance premium can be reduced. Therefore, park the car in a safe place.
10. Talk to the insurance agent
If you have any question or doubt about car insurance, then you can talk to the insurance agent. The insurance agent can give you all the information about car insurance and help you reduce the insurance premium.
By following these tips, you can reduce the cost of car insurance. So pay attention to these things and save your pocket from getting heavy.
Misconceptions about car insurance, know the truth
There are misconceptions about insurance, know the truth, you will not suffer any loss, your money will be saved, without any difficulty.
Friends, there are many misconceptions about car insurance, which can put people in trouble. Today we will tell you about some such misconceptions and tell you the truth.
1. Old car insurance is expensive
It is a common misconception that old car insurance is expensive. Actually, old car insurance can be less expensive. Because the value of old cars is low, insurance companies also have to charge less premium.
2. The color of the car affects the insurance premium
It is also a misconception that the color of the car affects the insurance premium. The truth is that the color of the car does not affect the insurance premium.
3. Insurance companies delay in giving claims
It is also a misconception that insurance companies delay in giving claims. If you submit all the required documents on time, then insurance companies can give you the claim quickly.
4. Insurance companies reject the claim
It is also a misconception that insurance companies reject the claim. If you submit all the required documents on time and there is no mistake in your claim, then insurance companies cannot refuse to give you the claim.
5. Insurance companies increase the premium after the claim
It is also a misconception that insurance companies increase the premium after the claim. The truth is that insurance companies cannot increase the premium after the claim, unless your claim is fraudulent.
Important information about car insurance
Know everything about insurance, become an expert, your money will be saved, without any hassle.
In this last chapter, we will give you some more important information about car insurance, which can be useful for you.
1. What to do when the insurance expires
If your car insurance is expiring and you do not want to renew it, then you should avoid driving your car on the road. If you do this, you may have to pay a fine. Therefore, get the insurance renewed on time.
2. What to do when selling the car
If you are selling your car, then you should inform the insurance company about it. You will also have to give the registration certificate (RC) of your vehicle to the insurance company. The insurance company will give you a refund on a pro-rata basis.
3. What to do in case of an accident
If your car gets into an accident, you should immediately inform the police. You should also take photos at the accident spot. Then you have to make a claim to the insurance company.
4. How to contact the insurance company
To contact the insurance company, you can call their toll-free number or visit their website. You can also visit the insurance company's office.
5. How to complain about the insurance company
If you are not satisfied with the insurance company, you can complain against them. You can complain to the Insurance Regulatory and Development Authority (IRDAI).
With these important information, you will become fully aware about car insurance. So pay attention to these things and keep complete information about car insurance.
