Bharti AXA CAR Insurance 3 Hacks to Decrease Car Insurance Premium 12 Sep 2017 Being a car owner is as taxing as being a parent of a new born infant. This is where insurance companies come in, as a support system that can help you reduce your expenses and equip you in facing adversity headlong. A crucial aspect of being an insurance policyholder is to maintain a balance with your insurance company. But, what if we told you that you can tilt the scales to your benefit or advantage? Let us open the doors to opportunity right now: Increase your Deductibles The amount that you pay for damages or small-scale maintenance work for your automobile, namely the deductibles, is usually aligned with the premium that you pay on a monthly basis. This is what forms the balance between the benefits provided by the insurance company and the money that you have to pay from your own pocket. However, if you choose to increase the amount of money paid through your pocket for purposes such as maintenance and even small-scale accidents, the balance will shift. This shift will essentially lead to a decrease in the car insurance premium that you have to pay each month. Invest in the Security of your Car Now that we have told you how to shift the balance in your favor, let us get you in on another side of the game of reducing insurance premium. To decrease your insurance premium amount, you will sometimes have to do your part in shifting the balance towards the insurance company. However, this can be done in a more subtle way than you might expect. By investing in accessories that can contribute to the betterment of the security of your car, you can persuade your insurer to gain more trust in you. This is because if you take measures to decrease the chances for mishaps and accidents, the insurance company will provide you a minimum of 5 percent discount on your monthly premiums. Hence, owing to the fact that increased security parameters undertaken by the user helps in shifting the balance to their benefit, the insurance company will gladly give you a leeway as far as car insurance premiums are concerned. Accumulate your no claim bonuses by not registering for small claims Ultimately, it is all about being independent and empowered even in the face of adversity. The role of the insurer in this case is more like a support system that allows you to feel at peace, instead of a guiding hand that shows you the way at every step. Hence, instead of depending on your insurance company even for the smallest issues, such as a broken side mirror or a few scratches, you can accumulate your no claim bonuses. The more restraint you exercise, the more no claim bonuses you will be able to accumulate during your policy period. These no claim bonuses can help you in the long run, especially when large scale adversities or accidents occur. How can we help? When it comes to choosing the perfect car insurance plan, we can help you understand how you can choose the right policy that fits your budget and attain the perfect balance between your premium and deductible . We can also tell you about secrets, tips and tricks that you can benefit from, when choosing a car insurance plan . Register for a car insurance plan today and let Bharti AXA help you create a better future for you and your family. Explore Our Products Car Two Wheeler Travel Health Critical Illness Personal Accident Bharti AXA Advantages We've raised the bar in being your Car's ideal insurance companion 3.5 MILLION ISSUES CLEARED 3600+ CASHLESS GARAGES IN INDIA 79 BRANCHES ACROSS INDIA 24/7 CLAIM ASSISTANCE Get Quote Request Call Back Category * - Select -CarTwo WheelerHealthTravelPersonal Accident Buy Renew Claim submit Disclaimer : The information published on this website is for the public's reference only. Content of this information is to provide an overview of your Travel needs and should not be relied upon for personal, medical, legal or financial decisions and you should consult an appropriate professional for specific advice. Bharti AXA General Insurance Company Limited makes no representations about the suitability, reliability, timeliness, and accuracy of the information, travel, services, or any other items mentioned on this subject for any purpose whatsoever.