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How Adding Accessories to your Car can Affect your Premium

22

Nov, 2018

How Adding Accessories to your Car can Affect your Premium

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Have you ever thought of personalizing your beloved car? Have you ever considered adding some extra headlights or alloy wheels to your car, improving its performance, changing its color or putting on accessories to change the look of your car? Pampering your one of the most valued possession, your car, is one thing that many of you might have thought of or done. But do you know that making modifications to your car can affect your car insurance premium? The premium for your car insurance depends on a number of […]

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Factors Affecting Your Car Insurance Premium

29

Sep, 2016

Factors Affecting Your Car Insurance Premium

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Premium is one of the most important factors that one considers while buying car insurance. But have you ever thought about the factors which might be affecting it? Here are a few factors which affect the premium of your car insurance policy. Value of Your Vehicle The market value or the Insured Declared Value (IDV) of your car is one of the main deciding factors of the premium. If you have a car which is expensive, your premium automatically shoots up. SUVs, imported cars, high end sedans and other luxury […]

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