5 tricks to lower car insurance cost for young drivers
TRANSCRIPT
5 TricksTo Lower Insurance Cost for Young Drivers
Car Insurance Made Easy
Insurance costs vary depending on the age and make-model of
your car. Before purchasing a car, do your homework by calling
for a quote or searching a quote online.
Compare Quotes01
>
Hunt For Quotes
Do direct comparison of car insurance
quotes online
Speak to your insurance broker
Evaluate your options before making a
decision
01
Smaller Cars02
Cars are categorized as per their price, type, engine size,
etc. A less expensive car belongs to a lower insurance
group. If it’s your 1st car, choose one from a lower band to
save money.
Consider Type of Car
Don’t hesitate to buy and drive a used
car until your are confident of your
driving skills
Fix a budget based on your needs &
usage of vehicle
Think rationally before buying
02
Clean Driving Record03
Driving well means less chances of accidents and zero
claims. For every claim-free year, you receive No-Claim
Bonus (NCB), which is a discount on own-damage
premium.
Be a Safe Driver
Stay focused and alert
Consider other drivers
Compensate for weather conditions
03
Less Modifications04
Modifications that change the look and performance of your
car such as engine changes, body-kits, sports seats, etc.
are seen by insurers as a higher risk of accident or high risk
of theft. Higher the risk, the higher is your premium.
Stay Away From Customization
Don’t alter the risk assessed by your
insurer
Get your car health regularly diagnosed
by an expert
It’s ok to install additional car security
features
04
Drive Less05
Some insurance companies offer lower rates for cars that
travel fewer annual miles as it reduces the risk of accidents.
Cap Your Mileage
Traveling few miles a year can increase
chances of discount on premium (depending
on insurer)
More miles means more risk of accidents.
Thus, your premium increases
Drive less to reduce chances of accidents
05
Just got your driving license?
S e a r c h . C o m p a r e . B u y
Get Car Insurance Quotes Online