Your RTO details
RTO name
Contact No.
  • City & RTO
  • Car Brand
  • Car Model
  • Car Fuel Type
  • Car Variant
  • Registration Year
Looking for Car Insurance?
Get Car Insurance starting at only 2094/year #
Compare & Save upto 85%* on Car Insurance
  • Renew policy in 2 minutes*

  • 21+ Insurers to choose

  • 1.2Cr+ Vehicles Insured

    Other models
    Other variants
    Select your variant
    View all variants
      We don’t spam
      View Prices
      Please wait..
      By clicking on “View Prices”, you agree to our Privacy Policy & Terms of Use
      Get Updates on WhatsApp
      Select Make
      Select Model
      Fuel Type
      Select variant
      Registration year
      Registration month
      Save & update
      Please wait..
      Search with another car number?

      We have found best plans for you!! Our advisor will get in touch with you soon.

      Tips for Cutting Car Insurance Costs

      Owning a car is a luxury. Almost, every other month one or the other car is being launched with mind-boggling prices. Moreover, as a legal mandate, it is important to buy third party insurance.

      Read more

      However, it is better to buy comprehensive car insurance, which not only covers for the third-party likewise covers for you in case of any damage/loss incurred to your car under unanticipated circumstances.

      Buying insurance is also an investment and is understandable that buying a car is an expensive deal on your pocket. You cannot do anything about the prices of the car, as you are not the correct person to decide on. However, you have the full liability to decrease the burden on your pocket while buying a car insurance policy.

      Here are some tips that help you to save on the car insurance costs:

      Compare Your Car

      While you are out to buy a car, it is not a bad idea to compare the insurance costs. The premiums on a car are decided by various factors, for example, the price of the car, cost to repair the car, etc. Do look if the insurer provides discounts on benefits like reducing the risk of damage/injuries or theft, etc.

      Compare and Shop

      The idea behind buying an insurance plan is to safeguard you from any fiscal cost. So, primarily look for insurance companies who are themselves financially stable. Moreover, before finalizing on one policyholder it is recommended to speak to people for their opinion s as well. Visit the company's website and compare the quotes online. In case if you have any query, regarding the plan feels free to get in touch with the customer care assistance. Try to get quotes from competing insurance companies. What needs to be understood cheap does not mean good besides going with the lower price is not a wise decision. It makes no sense of going with a company who does not pay you when you file for a claim.

      Higher Deductible

      Keep your deductibles raised. Reduce our insurance premium and increase the deductible component. Deducible is exactly what you pay to the insurer when you file a claim. You need to be smart while doing this and pay only the amount, which your pocket allows you to shed.

      Maintain Credit Rate

      A good credit history can help you in cutting your insurance cost. It is important to maintain a credit record regularly and in case if you find any discrepancy then that should be corrected promptly.

      Good to Ask about Discounts

      Insurance companies do offer various discounts to the policyholders. Do not hesitate inquiring about the same. Check for discounts you qualify for and there is a possibility that until the time you do not ask you might not be told about the same.

      Know your Insurance Needs

      Nobody is more than you know what coverage you want for your car. It makes no sense opting for the cover, which is not required. Opt for the covers wisely basis your needs and requirements. Moreover, if you have a car of an old model, which value is less than the insurance premium you would end up paying then you need to be careful in such cases of which kind of, cover to look for. You need to read about all the coverages carefully.

      Transfer NCB

      There is a slight probability that your insurer might not inform you about the equivalent. On the off chance in the event, if you transfer your NCB from your old car to the new car then you spare a great deal. You should essentially hold the insurance in your name. Additionally, remember to take any claim bonus certificate from your insurer and on the off chance that you do not want to buy a new car soon save the equivalent. Transfer the No claim bonus to the new car inside three years of the sale. If you have not documented any case for as far back as 5 years, the premium for the new vehicle will descend by half.

      Be a Good Driver

      Accident coverage is costly enough in the ordinary course. In any case, if you have mishaps or moving infringement, it very well may be ludicrously costly. Avoiding and maintaining a strategic distance from mishaps and driving even more cautiously is among the most ideal approaches to keep your car insurance at the very least. If you as of now have moving infringement, abstain from adding more to your record going ahead. Regardless of whether you have at least one moving infringement in the ongoing past, time can be your companion here. In many states, moving infringement is dropped from your driving record following three years.

      Car Insurance Calculator

      It is important to use a car insurance premium calculator. It ensures that you possess a good knowledge of the coverage being offered by the insurer n regarding the costs. It ensures a hassle-free policy comparison and you there is no paperwork. It also helps you to get a better insight into the available plans in the market. It is advisable to use a car insurance calculator to get yourselves the best coverage.

      To Conclude

      The cost of car insurance is likely to rise in the coming future. It is better to get the minor repairs done on your own than filing a claim and losing the chance of getting a no claim bonus.

      The tips will help you drive in the right direction. All you need to take into consideration is your circumstance and choose what works in the best for you.

      Find similar car insurance quotes by body type

      Hatchback Sedan SUV MUV
      Save upto 85% on Car Insurance
      Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
       Why buy from policybazaar

      Car insurance articles

      • Recent Article
      • Popular Articles
      21 May 2024

      Get Faster Claim Settlement with Policybazaar Claim...

      Getting your car insurance claim settled is no longer a hassle

      Read more
      17 Apr 2024

      Understand the Nitty-Gritty of Car Insurance Policy...

      Have you recently purchased a car insurance policy for your new

      Read more
      22 Feb 2024

      IDV in Car Insurance

      In layman's terms, the IDV full form is the Insured Declared Value

      Read more
      31 Jan 2024

      Must-Have Car Insurance Addons for Brand New Cars

      Investing in a full-coverage car insurance policy is essential for

      Read more
      29 Jan 2024

      No Claim Bonus (NCB) in Car Insurance

      No Claim Bonus (NCB) is a reward given by an insurer to a

      Read more
      11 Aug 2021

      How to Check Car/Vehicle Insurance Status Online

      It doesn’t matter if you are an excellent driver or take your car out only once in a few months; your vehicle must

      Read more
      20 Jun 2019

      Getting Your Duplicate Car Insurance Policy is...

      Losing your car insurance documents can be daunting. In such a state of affairs, the first thing that comes to your

      Read more
      20 Dec 2021

      How To Find Car Insurance Details By Registration Number

      Sometimes, you may face situations when you need car insurance or vehicle owner details but cannot readily access

      Read more
      03 Jun 2016

      How to Transfer Car Insurance Policy?

      An integral part of selling a car for both the buyer and the seller is ensuring a successful car insurance transfer

      Read more
      20 Jul 2017

      Comprehensive Insurance Vs Third Party Insurance

      Comprehensive car insurance offers protection to the insured car against third-party liabilities and own damages due

      Read more

      #Rs 2094/- per annum is the price for third-party motor insurance for private cars (non-commercial) of not more than 1000cc

      *Savings are based on the comparison between the highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB. Actual time for transaction may vary subject to additional data requirements and operational processes.

      View Plans
      Download the Policybazaar app
      to manage all your insurance needs.