Tips to lower your car insurance premium

By | March 5, 2015

Tips to lower your car insurance premium

Do you know that car insurance makes up the largest expense many car owners will fork out annually ? Many people don’t really care on the car insurance premium they paid. Some people only renew their insurance very last minute which resulted them to pay to agent without properly choose what good for their car.

In this post, we share some tips on how to lower your ca insurance premium.

No-Claim-Discount (NCD)

Most of the motorist are aware the important of NCD.  You can enjoy up to 55% discount on your car insurance premium if you don’t make claim against the policy.   NCD is very important elements  in determine how much you pay for the premium.

Dont over-insurance

Check your car market price and insure it according to the recommended price.  Insurance agent normally will put higher coverage as their commission is depend so much on the sum insured.

It is also important not to under-insurance otherwise if you involve in total lost accident,  you have to folk out your own pocket money to cover the total cost.

Remove unnecessary coverage

The insurance agent normally will auto add unnecessary coverage, such as flood etc. Just read carefully what are offered to you and choose what you needed only.

Luxury car or affordable car

This is not an option actually. If you are buying  a Porshe dont expect that the insurance premium is similar to a Proton Car.

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