When does your car insurance reduce?

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When does your car insurance reduce?

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Car insurance premiums depend upon different factors such as credit record, driving history, location, marital status, age of the driver, type of vehicle you drive. If drivers have bad credit records and driving history with accidents, then car insurance companies charge higher car insurance premiums from them than the drivers with good credit history and a clean driving record. To read more, please visit: – PowerPoint PPT presentation

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Title: When does your car insurance reduce?


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  • When does your car insurance reduce?

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  • You can reduce your car insurance premiums
    through different ways such as maintaining good
    credit records, accident-free driving history,
    etc. 

3
  • Good credit history
  • If you have good credit history then auto
    insurance companies charge lower car insurance
    from them.

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  • 2. Good driving history
  • Good driving history helps to reduce the cost
    of auto insurance. Car insurance companies sell
    car insurance at cheaper rates to those who have
    good driving history.

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  • 3. Bundling different insurance policies
  • If you purchase different insurance policies
    such as auto insurance and renters insurance or
    home insurance from same insurance provider then
    you can reduce the cost of your car insurance.

6
  • 4. Get married to reduce your auto insurance cost
  • Insurance providers consider single people more
    riskier than married people so some car insurance
    companies may charge lower car insurance premiums
    from married drivers than single drivers.

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  • 5. Use bus to commute
  • You can save on your car insurance policy by
    commuting through the bus instead of a personal
    car. You can get good discounts on your car
    insurance policy if you do not drive much.

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  • 6. Purchasing a new car
  • You can reduce your car insurance cost by
    purchasing a new car. Car insurance premiums on
    old cars are sometimes higher than new cars.

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  • 7. Moving to a small town
  • Car insurance premiums are higher in big cities
    than in small towns. Because chances of accidents
    are less in low population density areas than the
    areas with a high population density area. 

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  • Thank You
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