Skip to main content

Reduce Your Motor Insurance Costs

Buy Motor Insurance Online
 

You can keep your car in the best possible condition, but you cannot avoid the harm that cause due to some unavoidable situations. Vehicle insurance or car insurance can provide several benefits to an insurer and insured as well. In India, it is compulsory to insure your vehicle under 1988's Motor Vehicle Act. The car or vehicle insurance plan provides economical support to the insured in the event of damages caused because of fire, explosion, accidents and so on. You can compare car insurance online also as it helps in saving money and time as well. There are many tools available in the online market that would help you in choosing the best vehicle insurance plan.

What A Car Insurance Plan Covers?

Basically car insurance is divided into two parts:

  • Third Party Liability Coverage:Third Party Liability coverage is compulsory in India. It covers damages caused by you to the third party. This coverage does not include damage to the vehicle.
  • Comprehensive Coverage:This coverage provides you the economical support in case of a damaged vehicle, theft, external damage, fire, natural calamities and damage in transit among others.

Things To Consider Before Buying Car Insurance Plan

It is common that we all are complaining about the growing cost of automobile insurance. So what should we do to lower our auto insurance costs?  Just take a look at the following ways to reduce your auto insurance expenses.

  • Safety Features:If your car has any safety feature like alarm, immobilizer then you can get a great discount.
  • NCB:It is advisable that do not claim for minor damages, it would be better if you save your NCB (no claim bonus) for future requirements.
  • Include Auto Insurance Charges Into Your Auto Purchase Price :- We should always check the insurance cost of the selected vehicle that we are going to buy before any commitment.
  • Compare Auto Insurance Costs Online :- Insurers will try to convince you on different auto insurance policies that can cover a range of causes such as theft, damage, flashy or overall safety record, etc. It is obvious that higher risk results in the higher insurance premium. You should search for the insurers who are offering free quotes online. You can also get great discounts for the low-risk vehicle. Collect the relevant information from state or provincial insurance agencies before selection of any car.
  • Get Quotes From Trustworthy Insurance Agency :- Once you have selected the desired model of car then the best way for getting the affordable auto insurance policy is to do research, collect information and compare quotes among others. You should collect information and quotes from different insurers that can assist you in getting the best insurance policy. Nowadays, there are many comparison sites which can perform all the legal works for you as well as can provide the best rates and policies among different plan like a standard plan, zero depreciation plan and many more.

The discounts are not the right solutions to auto insurance costs. If you do research and compare quotes, then you will surely get the best way to reduce your auto insurance costs.

-----------------------------------------------
Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saving Mutual Funds to invest in India for 2016

Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

---------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

-----------------------------------------------

Popular posts from this blog

Save Tax With Mutual Funds

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300       Mutual funds are ideal as long term investment avenues for retail investors. To encourage investments in this avenue, the Government of India offers investors a spate of tax benefits thus ensuring maximum benefit from mutual funds held beyond a year. Sample some of the key benefits and refer to the table for a detailed list of tax rates for different types of schemes ·        Avail deductions under Sec 80C of the Income Tax Act by investing up to a maximum of Rs. 1 lakh in designated Equity Linked Savings Schemes (ELSS). Such investments have a compulsory lock in period of 3 years. ·        First time retail investors in equity with a gross total income of up to Rs. 12 lakh can invest up to Rs. 50,000 in specific MF schemes un...
Read more

Buying a Used Car

Invest in Mutual Funds Online Download Mutual Fund Application Forms   Pre-owned car can make sense in these inflationary times. But buying one can be trickier than getting a new vehicle    If you are thinking of buying a car but are worried about the rising inflation and higher EMIs eating into your budget, you should consider buying a used car. For those learning to drive, the general advice is that they should hone their driving skills in a used car. However, buying a used car is not an easy task. Though a used car costs less, there are a lot of aspects to be considered while buying one. You should do your due diligence before buying such a car. For example, two cars of the same model would carry two different prices. The difference in price could be on account of the age of the car, how many people have driven, etc. First Fix Your Budget Since used cars are available in a wide variety of models and prices, the starting point would be to determine your budget befor...
Read more

How much to invest in gold ?

Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India) Let your motivation dictate the share of the yellow metal in your portfolio Enough has been said and written about gold as an investment option. The latest argument is that the craze for gold among Indian households is endangering our country's balance of payments. The policymakers are busy trying to find ways of discouraging investment in gold, but if households keep the common good in mind, they would be paying the market price for gas cylinders as they do for, say, their mobile phone bills. After all, private decisions are driven by private motives. So, how should a household look at gold from its own perspective? Gold is primarily acquired for its merit as a store of value. Even if the worst crisis hits a family, the gold that it holds could be put to use anywhere in th...
Read more

Debt Mutual Funds Best Fixed Income Investments

Debt Mutual Funds - Invest Online     In the last one year, except for a select few sectoral funds and small cap funds, not many of the equity funds have given great returns. On the other hand, debt funds have done relatively well in terms of returns. So far in the new year too, the stock market has been extremely volatile, pushing investors to look for safer havens. In this context, debt funds are looking safer bets for those investors who do not have the appetite for higher level of volatility. Investors who look for a regular income stream, also look at fixed income products like debt funds, bank fixed deposits and post office monthly income schemes.  Among the fixed income products, debt funds score over others because of chances of higher return, has nearly similar level of risks and liquidity. According to Shah, people looking for regular income could opt for a systematic withdrawal plan (SWP) in debt funds , which, if done judi ciously could also save on taxes. Shah explaine...
Read more

LIC's JEEVAN SHIKHAR

  LIC's Jeevan Shikhar is a participating, non-linked, saving cum protection single premium plan wherein the risk cover is ten times of Tabular Single Premium. The proposer will have an option to choose the Maturity Sum Assured. The premium payable shall depend on the chosen amount of Maturity Sum Assured and age at entry of the life assured. This plan also takes care of liquidity need through its loan facility. The plan will be open for sale for a maximum period of 120 days from the date of launch. 1.   BENEFITS   : a) Death Benefit: On death during first five policy years: Before the date of commencement of risk   :   Refund of Single Premium without interest. Single Premium mentioned above shall not include any extra amount if charged under the policy due to underwriting decision and taxes. After the date of commencement of risk   : "Sum Assured on Death" equal to 10 times the tabular single premium shall be payable. On death after completion of five policy years but b...
Read more
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now