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Showing posts with label Auto Insurance. Show all posts
Showing posts with label Auto Insurance. Show all posts

Tuesday, 6 November 2012

Tips to reduce your auto insurance premium

Here are few quick tips which can help you to save a little on auto insurance premium.
A vehicle is an asset for the buyer but only purchasing a vehicle won't suffice. One ought to get auto insurance for it. Vehicle Insurance is one of the most important factors to be considered while buying a new car. Car insurance is a way to protect the car owner financially from all the risks involved while driving on road. In India, it is mandated by the government that every car plying on road should be insured.

Mostly, auto insurance is clubbed with huge discounts and freebies to lure more customers. The most attractive being 'free insurance'. The word 'free' attracts maximum attention from buyers but there are hidden clauses in it, which are not disclosed at first. In such case, free insurance provided is only for a year and from second year onwards, it is policyholder's responsibility to pay the premium and get their policy renewed.
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