You can buy any type of insurance at an affordable rate only if you consider few factors while buying auto insurance, liability insurance, health insurance or life insurance. Below are some of the points which help you to get affordable insurance policy:
  • Deductibles
Low deductibles mean higher rates. You can save some handsome amount of money by getting quotes with different deductibles.
  • Coverage
If customer don’t have many valuable assets or much money in the bank account, then it is good to lower your coverage to save money. 
  • Prefer Insurance Broker Instead of Insurance Agent / Company
Try to get help from an insurance broker instead of going for an insurance agent or any other insurance company in India. Insurance brokers give you the most suitable insurance policy which covers your maximum needs. On the other hand, insurance agent or insurance company is more interested in selling their insurance products than client’s satisfaction. 
 
Sometimes, agents can suggests you the affordable insurance plan regardless of which company it’s from. Check a rating service of insurer to see if the insurer is financially stable or not. Search about the company history and go through its claim settlement ratio.
  • Review your Insurance Plan
Do not forget to see what unessential coverages you may be paying for. It may takes some time but this results to decrease the insurance premium amount. 
  • Get Quotes & Compare
Get several quotes for affordable insurance from different insurance companies in India. Always take notes of various policy options. 
  • Make use of seatbelts, have alarm system in vehicle and avoid smoking because all these issues affect your insurance amount.