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Keep Your Car Insurance Premium Low Every car owner needs to pay towards their car insurance each month. Even if you have gone for a long period of time without claiming, and have begun to believe that you are paying your premium each month for nothing, you are wrong. Your car insurance is the best protection you have for your expensive asset, and you will thank your lucky stars should the day come when you ever need it. No one is invincible, and sometimes accidents are caused by other drivers, not even you. These things are completely out of your control, and it is better to be prepared in the event of anything happening. The first thing you need to do is to evaluate the car you are driving. The type of vehicle you drive is the number one contributing factor to how much your premium is. If you feel you are paying too much, perhaps now is the time to look at trading your vehicle in. A smaller, more fuel efficient car can be a lot cheaper to insure, as well as vehicles that are made by popular companies. This is because parts will be cheaper to source and also the car will be easier to repair. Cars that are notorious for being in accidents or for being stolen will be more expensive to insure too. Find out which cars are on the blacklist by insurance companies, so that you have a good idea where to steer clear from.

The next thing you need to do is to compile as many comparative insurance quotes each year as you can. This needn’t be a tiring experience, as you are now able to go online and source multiple vehicle insurance quotes at once by simply filling in one form. These kinds of websites are all over the internet. You may find that you spot an excellent discount deal from your current insurance company’s competitors. Only by keeping your feelers out there and doing some comparisons will you know if you should stay with your current company, or move to one that has a better offer for you. Keep your vehicle’s alarm and security system up to date at all times. Having a good alarm and tracking system on your vehicle is one of the keys aspects to obtaining and maintaining a low premium. If your car is less likely to be stolen, it is less of a security risk for the insurance company insuring it. By fitting in a new, state of the art security system, you could be awarding yourself a lower monthly premium at a once off cost. Following these simple tips can go a long way in saving you money on your vehicle insurance premium each month. Conference on Insurance Distribution Channels, a two day event, is being held with focus on the main issues and challenges in managing different distribution channels to create a successful synergy that would lead to profit maximization. The Conference will also provide the right platform for networking and syndication for appropriate channel partners.

The key areas this conference aims to cover would include are: 1. Alternative channels of distribution 2. Building an integrated multi-channel distribution model 3. Convergence of banking and insurance 4. Digital transformation and emergence of e-commerce and e-banking and its effect on insurance distribution 5. Difference between commercial banking and insurance culture 6. Case studies of life and non life insurance distribution models 7. Achieving the right concept of cooperation and integration between distribution channels 8. Micro-insurance and rural market 9. Distribution channel models for the future