Some tips to dilute the effect of increased third-party car insurance cost: |
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In third-party car insurance, go for limited liability cover. It will bring down your premium amount. |
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Avoid filing small claims. It will allow you to avail No-claim Bonus on renewal of your policy. |
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Renew your insurance at resale value (current market price) rather on purchase value. |
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Get membership discounts. Many insurers give you discount if you happen to be a member of Automobile Association of India (AAI). Go for it! |
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Get car-safety discounts. |
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Obtain car insurance quotes from different insurers. Check features and premium rates offered. |
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