07:00 29 June 2013
There are only few people who are more than happy to pay huge amount of money for car insurance.If you want to bring down your premiums, just like thousands of car owners out there, there are some things that you can do. These are the following:
1.The first option is applicable to car owners who have proven track record in driving. If you’ve been driving for say 10-15 years and you were never involved in any type of car accident or did not made a single claim, ask for the least amount of insurance that the government requires you to have.
2.Opt to pay higher deductible. Again, if you’re a great driver with proven track record, agree to pay fairly higher deductible should you get involved in any car accident. As the insurance company faces lesser risk, they will be more than happy to lower your premium.
3.Make your vehicle safer. Invest on safety modifications that will make your car safer to the eyes of insurance companies. Getting a special anti-theft alarm system is a great idea.