10 Ways to Reduce Car Insurance Premiums


Bangalore: Buy a car insurance plan which will offer you financial safety but will not make holes in your pockets. There are a whole lot of car insurance plans available in the market but you need to wisely choose the best among them. But the best ones can also charge you more premiums, so here are ten such factors which will help you to reduce it, as given by Firstpost.com.

1. Compare Prices

Online insurance portals will help you to compare insurance premium quotes of various insurance companies within a few minutes. So check out online to get the cheapest insurance policy with maximum benefits. “The most important thing that most people are not aware of is that insurance premiums differ across companies. Prior to 2006, tariffs were regulated, but that’s not the case anymore. So, there could be a good possibility that you could get 20% cheaper premiums shop across insurers,” says Akshay Mehrotra, CMO, PolicyBazaar.com, as quoted by Firstpost.com.

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