We all love our cars, and to keep it safe and protected, buying car insurance is a must. The major advantage of having car insurance is that it covers for losses that you might incur if your car gets damaged or stolen or maybe spoiled due to flood or earthquakes.

1. Tips to Reduce the Cost of Policy
Premiums of Online Car
Insurance in India

2. No-Claim Bonus
You can reduce your car insurance premiums by
50% for every claim free year. Insurance
companies give the benefit of no claim bonus as
the record of your good driving year after year.

3. If you sell your vehicle, this no-claim bonus can
be transferred to your next policy for the new
vehicle and you can easily avail lower premium
payouts.

4. Voluntary Deductibles
Deductibles are the amounts you need to pay
out of the pocket before the coverage kicks in. If
you are willing to settle small claims for minor
damages from your pocket, then the cost of the
premium for motor insurance can be reduced
approximately by 30%.

5. Discount for Security Features
Many cars come with
advanced security
features such as anti-
theft alarms and
immobilizers which are
pre-integrated. These
cars are less likely to get
stolen and can be
insured for fewer
premiums.

6. However, exclusive Automotive Research
Association of India (ARAI) authorized devices will
give a 2.5 per cent reduction on your premium.
You Can Reach to Us:-
HDFC ERGO General Insurance Company Ltd.
6th Floor, Leela Business Park,
Andheri Kurla Road, Andheri (E),
Mumbai - 400 059
Visit: https://www.hdfcergo.com/motor-insurance/private-car-insurance.html

7. Thanks...