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Car insurance is designed to protect you and your car from unforeseen incidents such as accidents, thefts etc. thereby providing you with financial protection. A motor car insurance policy will therefore give you the peace of mind to drive without anxiety, but with responsibility. Also, car insurance is mandatory by law in India. With so many motor insurance companies in the market, you must be at a real loss to figure out which policy and insurer to choose. You must look out for certain features and facilities that will ensure that you get the best and the cheapest car insurance policy in the market. How to Get a Good Car Insurance Policy To get the cheapest auto insurance with the best coverage, you will have to put in some effort. It is not easy to automatically get cheap insurance in the market. You must do the following: •Do online research and try to get car insurance online. Sites like Easypolicy.com help you do this easily. •From the insurer, get all that is promised in writing. You must also cross check the information provided by the insurer on online insurance portals like Easypolicy.com. •Also, buy insurance from insurance brokers who unlike insurance agents don’t work for particular companies. Factors That Determine a Car Insurance Premium You should search for companies that give you cheap car insurance along with adequate benefits. However, there are various factors that will affect your car insurance premium and will enable you to get cheaper car insurance. These factors are: •Safe Driving Record If you have a good driving record and have been accident free for a certain period of time, you will get a discount on your car insurance premium. •The type of car and safety gadgets Luxury car will cost you higher premiums than ordinary cars. Most companies also give a discount if there are safety and security accessories in your car •Driving time and distance The longer the distance you drive, your premium will go up due to the risk of accidents. If you keep your driving to a minimum, you could get a discount on your policy. •Luxury gadgets and features Insurance for loss of personal belongings and car locks, luxury gadgets like night vision equipment and ultrasound sensors, etc. will increase your premium. Also, features such as immediate assistance from the company in case of an emergency will increase the premium •Multiple policies and No Claims bonus A No Claims Bonus (NCB) will get you some discount on your new policy premium. Also, more than one policy with the same company will fetch you a discount. •Type of coverage and Policy lapses A yearlong policy will cost you lesser than what a policy of shorter term will cost you. Also, you must prevent lapses of your policy to reduce your premium. You must cut costs without compromising on what you get with your car insurance policy. Using these tips mentioned here will help you achieve this. You must take care of them while purchasing new car insurance so that you have a good insurance policy at the most reasonable price. Get car insurance on low rates along with better feature from different leading companies in India. You can compare and avail better car insurance policy at Easypolicy.
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