Bharti AXA CAR Insurance 5 Things Which Can Bring the Difference in Your Car Insurance Premium 12 Oct 2017 We often take a look at the deals that others get in order to confirm that the ones we got are fair. When it comes to buying Car Insurances, more often than not, there are anomalies with the premium rates being offered to you. Premium rates can change from person to person even if they own the same car. Here are the five factors that come into play while buying Car Insurance. Five Factors That Affect Your Vehicle Insurance Policy Premium 1.Policy:Depending upon the insurance policy that you choose, your insurance premium rate will be affected. Furthermore, choosing a deductible will affect your policy plan. If your policy has a higher deductible amount, your monthly premium will be lower. A lower deductible will result in higher monthly premiums. Moreover, additional coverage to your insurance policy will result in addition to your monthly payments. 2.Car:Depending upon what you drive, your Car Insurance Premiums will differ. Some cars have higher safety ratings than others and result in a lower premium rate. Cars which have a lower safety rating will result in increased premium rates as there is an increased risk of accidents in these cars. 3.Usage: The more time you spend driving on the road, the greater the risk of an accident. Reducing the amount of distance will help you achieve lower premiums with your Car Insurance. As an alternative mode of transport, you could make use of public transport, or use a bike. 4.History: If you are a driver with an ample amount of experience and have a good history of insurance claims, then your premium will most likely be less than an inexperienced drier who is a high-risk customer. 5.Coverage: Depending upon the type of Vehicle Insurance Policy that you choose – Third Party or Comprehensive, your premium rates will differ. Third Party Coverage offers a much lower premium rate than Comprehensive Coverage but it only covers the damage done to the Third Party and doesn’t cover the policy holder. Bharti AXA’s Guide to Reducing Your Car Insurance Premium Rate When it comes to buying Car Insurances, it is not advisable to compromise with coverage. However, it is possible to reduce your premium by following a few good driver habits. Reducing your annual distance covered helps you become a low risk driver and thus helps you get a lower premium rate. Furthermore, buying a car with all safety requirements fulfilled will also have a positive impact on your goal of having reduced premiums. 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.