Turtlemint Car Insurance

About This Presentation
Title:

Turtlemint Car Insurance

Description:

INSURANCE PERSONALISED Our technology compares all policies on offer to find you the one that best meets your needs. Now you can buy with confidence. – PowerPoint PPT presentation

Number of Views:26

less

Transcript and Presenter's Notes

Title: Turtlemint Car Insurance


1
9 most important factors that affect your car
insurance rate
2
9 most important factors that affect your car
insurance rate
Introduction
  • Your car is the most priced possession and its
    like an extended family member. You put your time
    and energy to ensure it runs in perfect
    condition. However what may be your last priority
    which is equally important is your car insurance.
  • There are 9 most important factors used by car
    insurance companies to decide what premium amount
    they should be charging you. If you pay
    attention to these factors you will for sure
    understand car insurance much better than before
    and ask for the right car insurance premium from
    the car insurance companies.

Be Insurance Smart
3
9 most important factors that affect your car
insurance rate
1. How old is your car and the model
  • If you have a high end car it definitely has a
    high market value as it consumes more fuel and
    costly spare parts and hence the car insurance
    premiums are higher. New Cars, imported cars and
    those that run on diesel will carry high car
    insurance rates.

Be Insurance Smart
4
9 most factors that affect your car insurance
rate
2. No Claim Bouns (NCB)
  • You can get upto 50 discount on your car
    insurance premium if you do not claim your
    insurance which means the number of continuous
    claim free years. Please read the policy document
    to know your NCB

Be Insurance Smart
5
9 most factors that affect your car insurance
rate
3. How well you use your Car ?
  • Cars used for commercial purpose will carry a
    higher car insurance premium rates as your car
    usage will be more than a car used for personal
    use. The time of the day when you drive the car
    also affects the car insurance rate in the case
    you frequently drive at night, youre at a higher
    risk of going bump in the dark, and because of
    this, youll pay a higher premium.

Be Insurance Smart
6
9 most factors that affect your car insurance
rate
4. Place / Location
  • Your car registration zone or your neighborhood
    also affects your can insurance rate. If you live
    in Tier I city then your car insurance premium is
    higher than those in Tier II Tier III cities.
    This is because, a car in a densely populated
    area is more vulnerable to crime, traffic and
    accidents, as well as, higher repair costs.

Be Insurance Smart
7
9 most factors that affect your car insurance
rate
5. What is your Profession?
  • If you travel a lot for work then your car will
    attract a higher car insurance rate. Simply
    because chances of mishap on the road are greater
    for you than someone with a shorter or fixed work
    commute.

Be Insurance Smart
8
9 most factors that affect your car insurance
rate
6. How healthy is your credit score?
  • Car insurance companies check your credit history
    and financial status to find out our credit score
    and take a decision as to how much they need to
    charge you. If you are good in your finances then
    you dont need to worry much as your credit score
    is good and you can enjoy lower insurance rate.

Be Insurance Smart
9
9 most factors that affect your car insurance
rate
7. How old are you and your gender?
  • If you are a young man as in below the age of 25
    then you are more prone to rash driving and
    collusion than women and older drivers who are
    more careful on the road Studies have shown
    these facts. Hence be ready to pay a higher
    premium if you are a man and / or under the age
    of 25.

Be Insurance Smart
10
9 most factors that affect your car insurance
rate
8. Are you married?
  • Good benefits if you are married ?
  • You can combine your insurance policies with your
    spouse and can drive the car insurance premium
    costs down.
  • Its generally believed that if you are married
    then you are more responsible, lesser traffic
    violations and accidents as compared to unmarried
    drivers.

Be Insurance Smart
11
9 most factors that affect your car insurance
rate
9. Your Driving history?
  • Drive safe !!
  • If you have a prefect driving history with a
    clean record of no violations or prior claims
    then you have an upper hand when it comes to
    apply or renew your car insurance as against a
    bad record.

Be Insurance Smart
12
Contact us
  • Turtlemint.com
  • Address
  • 1st Floor, Prime Corporate Park,
  • Near ITC Maratha, Sahar Road,
  • Andheri (East), Mumbai 400099
  • Call 022-33835454
  • Contact us support_at_turtlemint.com
  • Website www.turtlemint.com

Be Insurance Smart
Write a Comment
User Comments (0)