5 tricks to lower car insurance cost for young drivers
TRANSCRIPT
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5 TricksTo Lower Insurance Cost for Young Drivers
Car Insurance Made Easy
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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
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Hunt For Quotes
Do direct comparison of car insurance
quotes online
Speak to your insurance broker
Evaluate your options before making a
decision
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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.
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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
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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.
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Be a Safe Driver
Stay focused and alert
Consider other drivers
Compensate for weather conditions
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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.
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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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Drive Less05
Some insurance companies offer lower rates for cars that
travel fewer annual miles as it reduces the risk of accidents.
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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
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Just got your driving license?
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S e a r c h . C o m p a r e . B u y
Get Car Insurance Quotes Online