8 Tips for saving money on car insurance - PowerPoint PPT Presentation

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8 Tips for saving money on car insurance

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A car insurance plan is a yearly insurance plan that is supposed to be renewed periodically. It can be easy to save hundreds of dollars every year on your auto insurance. Here are the top tips to save & improve your vehicle's insurance coverage. Save money on car insurance without any burden. – PowerPoint PPT presentation

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Title: 8 Tips for saving money on car insurance


1
8 Tips for saving money on car insurance
2
Check for discounts other than No Claim Bonus
  • If you have been a loyal customer throughout your
    insurance period, you could ask for more discount
    on your car premium.

3
Benefit of multiple insurance
  • When you choose one insurer for all your
    insurance needs such as motor, health, life, etc.
    some companies offer good discounts. So it is
    always good to choose a company that offer all
    types of insurance policies.

4
Group Insurance Option
  • Some insurance companies provide group insurance
    plans to other companies. Since it is a bulk
    plan, they can offer huge discounts to your car,
    if it is one among the many in the group
    insurance plan.

5
Compare one company with the other
  • Always check with multiple companies when buying
    a car insurance in Dubai. Due to high level of
    competition you are likely to get a better quote
    when negotiating.

6
Thinking wisely when your car has gone old
  • When you feel that your car has got only
    emotional value and is no more worth the amount
    you are going to insure for choose a third-party
    instead of a comprehensive cover.

7
Higher deductible plan
  • Choosing a higher deductible plan, can save you
    on your monthly premiums. But it comes with its
    own risks that, in case of claim you will have to
    pay from your pocket.

8
Transfer your No Claim Bonus
  • No Claim Bonus is given to the owner of the car.
    So you can transfer it to your new car and get a
    huge deduction in premium.

9
Compare premiums within the company
  • Every insurance company offers policies through
    multiple channels like direct sales, through
    agents, through banks, etc. So before deciding,
    check with each of them independently as the
    premium they offer can vary.
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