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How to Get Your Car Insurance at the Cheapest Cost

22 October, 2015

Every car owner understands the importance of a good car insurance cover for his/her automobile. A good car insurance package acts as a financial safety net in the event of any damage to the car and keeps you from making a large dent in your pocket suddenly.

However, opting for an insurance plan that offers a whole lot of features can be an expensive affair. But the good news is that there are many ways in which you can get maximum benefits at a cheaper cost from your car insurance plan.

1) Go Digital

Buying car insurance policy online is a cheaper option as it helps individuals seeking the policy save money that would have been spent as commission for agents. Online policy shopping has many other benefits as well which are worth exploring.

2) Opt for No Claim Bonus

Under the No Claim Bonus option, the insured individual is entitled to a discount on premiums at the time of policy renewal, provided there have been no claims filed on his behalf during the past year. With the passage of each successive claim-free year, the discount increases, but it resets the moment a claim is made.

3) Multiply Policy Deductibles

Choosing a high deductible amount helps the insured reduce the car premium amount. The higher the deductible the better the premium discounts get. However, it is not advisable to choose a deductible amount that is unaffordable because the amount has to be paid anyway when the cover is claimed on the car insurance.

4) Seek Discounts

Browse online for various offers and discounts offered for car insurance policies. If you have more than one car that needs insurance, buy the policies together to get discounts on them.

Royal Sundaram offers some attractive benefits with its range of car insurance. These include 100% cover on the invoice, cashless claim at network garages and free roadside assistance. Use these tips to make sure that you are not spending more than you need to when buying car insurance.