Car Insurance Premium - There are many factors that can affect your car insurance that can not even be controlled easily, like your age, years of driving experience, work, and residence. However, if you are really serious about car insurance, some of these things can be done to reduce your premium costs.
Best Car Insurance Premium
1. Choose Your Car Carefully
The more expensive the vehicle, the higher the premium. The type of vehicle you drive can also make a big difference to the cost of car insurance premiums. Not only seen from how high the risk of the vehicle when repaired, but also seen from the vehicle model that is considered high risk of damage.
Insurance itself has categorized vehicle model based on the risk.
Model sports car with a larger engine certainly has a higher premium rate, the insurance group is more expensive. While smaller cars with better safety features, fall into the more affordable insurance category.
If you're looking for a car to be insured, consider first to buy one in an affordable or even lower insurance group to help you save.
2. Keep the Vehicle Safe
The insurer will offer a more affordable premium if you do your best to keep the car out of harm's way. If possible, store your car in a secure garage rather than on the front street of the house which is easily accessible by thieves or troublemakers.
You can also reduce the best auto insurance premium rate by adding additional security features, such as alarm or tracker.
3. Use Cars Wisely
Insurance premiums are usually more affordable if you drive less mile, because if you drive more often you are more likely to have an accident.
Most people estimate their mileage when getting the best vehicle insurance quote, so be sure to provide accurate predictions. And also, make sure you do not lie about mileage just to get cheap car insurance.
Because, this will affect your vehicle insurance claims later. If a claim is made and the distance is not suitable (different), it is likely that the auto insurance claim is rejected.
If you use a vehicle to go to work, maybe the premium rate will be higher. It also depends on the job, for example if you are a shift worker and have to drive at night, this is more likely to be an accident.
4. Choose the Right Warranty
Most insurance companies offer 3 levels of assurance: third parties, total lost only, and comprehensive.
The third party is the minimum level of guarantee offered. This policy only applies when you have an accident that also damages the vehicle of another person, so you can not claim for damage to your own car.
Total Lost Only car insurance is a guarantee when your car is damaged up to 75% or even lost.
While comprehensive car insurance will guarantee when your vehicle is damaged from starting body blisters to a dented bumper.
Each of these best vehicle insurance rates has a different premium rate. You can also buy additional protection, such as natural disasters, theft, riots, terrorism, and so on.
In order to get cheap vehicle insurance premiums and in accordance with the needs, choose the right warranty with your situation.
5. Use Black Box on Car
This is one good way to safeguard. You can keep a small device on the car or download a smartphone app that can monitor your car driver.
This encourages the driver to be more secure and also makes it easier for you to track the whereabouts of the vehicle when it is stolen. In this case, the insurance company will pay attention to your driving habits and can adjust the premiums regularly based on the quality of the way of driving. This way can also minimize your premium rate.
6. Add Driver Name In Policy
You may think of yourself as a safe driver, but the insurer will consider you in a high-risk category for accidents if you have just passed the SIM test, are under the age of 25, or previously have a claim.
If you fall under these criteria, it may reduce the premium cost by adding responsible and experienced driver names to the insurance policy, if they tend to use cars more often.
The addition of the driver's name on this policy is only to get a cheaper offer from the insurer.
7. Protect Your No-Claim Bonus
If you never claim in each year, you may get a no-claim bonus. A maximum no-claim bonus (5-8 years, depending on the provider) can save up to 80% of your premium costs.
Although it takes a long time, but you can increase your chances of getting cheaper car insurance in the future by protecting the no-claims bonus. Maybe this time your insurance costs slightly increased, but can feel the great savings in the long run.
8. Select Best Car Insurance
One of the best ways to save premium costs is to compare car insurance. The number of best insurance companies in Indonesia that can be an option for the protection of your vehicle. Choose the best car insurance with cheap insurance premium costs but the benefits in accordance with your needs.
Car insurance from Malacca Trust can be your best choice. In addition to the low cost premium, also the protection of the maximum and complex. Claiming process is very easy and can be done anytime & anywhere through the application Malacca EZ smartphone.
Those are some tips to get the best affordable auto insurance premium. Although your car is already covered with vehicle insurance, but still, you are a very important person to maintain the security and comfort of your favorite car.