5 tricks to lower car insurance cost for young drivers

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5 Tricks To Lower Insurance Cost for Young Drivers Car Insurance Made Easy

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Post on 22-Jan-2018

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Page 1: 5 Tricks to Lower Car Insurance Cost for Young Drivers

5 TricksTo Lower Insurance Cost for Young Drivers

Car Insurance Made Easy

Page 2: 5 Tricks to Lower Car Insurance Cost for Young Drivers

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

>

Page 3: 5 Tricks to Lower Car Insurance Cost for Young Drivers

Hunt For Quotes

Do direct comparison of car insurance

quotes online

Speak to your insurance broker

Evaluate your options before making a

decision

01

Page 4: 5 Tricks to Lower Car Insurance Cost for Young Drivers

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.

Page 5: 5 Tricks to Lower Car Insurance Cost for Young Drivers

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

Page 6: 5 Tricks to Lower Car Insurance Cost for Young Drivers

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.

Page 7: 5 Tricks to Lower Car Insurance Cost for Young Drivers

Be a Safe Driver

Stay focused and alert

Consider other drivers

Compensate for weather conditions

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Page 8: 5 Tricks to Lower Car Insurance Cost for Young Drivers

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.

Page 9: 5 Tricks to Lower Car Insurance Cost for Young Drivers

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

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Page 10: 5 Tricks to Lower Car Insurance Cost for Young Drivers

Drive Less05

Some insurance companies offer lower rates for cars that

travel fewer annual miles as it reduces the risk of accidents.

Page 11: 5 Tricks to Lower Car Insurance Cost for Young Drivers

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

Page 12: 5 Tricks to Lower Car Insurance Cost for Young Drivers

Just got your driving license?

Page 13: 5 Tricks to Lower Car Insurance Cost for Young Drivers

S e a r c h . C o m p a r e . B u y

Get Car Insurance Quotes Online