يحاول ذهب - حر
Pay less, drive safe
May 05, 2025
|Financial Express Chennai
Slash Motor Insurance Premium By 40%
YOUR CAR'S safety is important, but that doesn't mean your insurance premium should fall into the trap of sunk-cost fallacy, where you keep paying just because you have to. You can reduce the premium by up to 40% by choosing right add-ons, optimising deductibles, and tapping into less-known discounts.
Review IDV The IDV (insured declared value) is conceived as the proxy of market value of a car. But IDV is only relevant in case of total loss.
Higher IDV means higher payout in case of total loss. Many insurers let you manually set IDV. This can reduce your premium — if your car's actual resale value is ₹4.5 lakh but IDV is set at ₹6 lakh, you could be paying ₹2,000-3,000 more annually on a comprehensive policy (15-20% jump in premium).
هذه القصة من طبعة May 05, 2025 من Financial Express Chennai.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Financial Express Chennai
Financial Express Chennai
Bonds rise on robust demand for state debt
GOVERNMENT BONDS ENDED higher on Tuesday, led by the longer end after stronger-than-expected demand at an auction for state debt and on expectations of reduced issuance of longer maturity notes next fiscal year.
1 min
February 25, 2026
Financial Express Chennai
Asian Paints looks to up local play to stay ahead
ASIAN PAINTS IS counting on a sharper regionalisation strategy to revive growth as competition from rivals Birla Opus and JSW Paints heats up.
1 mins
February 25, 2026
Financial Express Chennai
IPO mkt slows down in Jan
Number of IPOs 3rd lowest in FY26
2 mins
February 25, 2026
Financial Express Chennai
New-to-credit borrower share shrinks in Q3: Report
THE SHARE OF new-to-credit (NTC) borrowers dropped year-on-year across loan products, barring the consumer durable segment, for October-December quarter, a report said on Tuesday.
2 mins
February 25, 2026
Financial Express Chennai
Trai backs sale of all available spectrum
THE TELECOM REGULATORY Authority of India (Trai) on Tuesday recommended that all available spectrum across bands ranging from 600 MHz to 26 GHz be put on the block.
1 mins
February 25, 2026
Financial Express Chennai
AI disruptive but also creates opportunities, say IT leaders
IT INDUSTRY LEADERS acknowledge that while AI can bring down coding costs and disrupt existing models, there are nonetheless opportunities.
1 min
February 25, 2026
Financial Express Chennai
Kotak AMC tops ₹6L cr in AUM
KOTAK MAHINDRA AMC has crossed the milestone of %6 lakh crore in its assets under management (AUM).
1 min
February 25, 2026
Financial Express Chennai
Intelligence can't be the edge for firms, says Rohan Murthy
INTELLIGENCE CANNOT
1 min
February 25, 2026
Financial Express Chennai
IDFC First Bank repays ₹583 crore to Haryana govt
IDFC FIRST BANK on Tuesday said it has repaid ₹583 crore, including principal and interest, to relevant departments of the Haryana government following the fraud reported at one of its branches.
1 min
February 25, 2026
Financial Express Chennai
Bengal SIR: SC allows judges from other states
Now, judges from Odisha, Jharkhand to assist the drive
2 mins
February 25, 2026
Listen
Translate
Change font size

