Archive · 28 Sep 2025
Car Insurance Tips: Essential Coverage When Buying New Cars
Buying a new car is exciting, but picking the right insurance is super important.
Make sure you get your safe-driving discount (NCB) transferred over.
Don't just go with what the car dealer offers; shop around online for the best deals.
If you don't drive much, you can pay less with 'Pay-As-You-Drive' insurance.
Think about extra coverage, like for the engine, in case something bad happens.
Lastly, remember your car needs insurance for accidents and for others it might hurt, so make sure you have all the required insurance.
Transfer your No Claim Bonus (NCB) for a discount.
Compare insurance policies online for better deals.
Consider usage-based insurance if you don't drive often.
Choose add-ons like zero depreciation and engine protector for comprehensive coverage.
Ensure comprehensive coverage with both own-damage and third-party insurance.
- Who
- Car buyers
- What
- Selecting car insurance.
- When
- When buying a new car.
- Where
- N/A
- Why
- To protect the investment in the new car.
- Key Takeaway
- Choose the right car insurance to protect your investment.
- NCB Transfer
- Transfer your No Claim Bonus (NCB) to save up to 50% on premiums.
- Compare Policies
- Compare policies online rather than accepting dealer deals.
- Usage-Based Insurance
- Consider Pay-As-You-Drive if you don't drive often.
- Add-ons
- Choose add-ons like zero depreciation and engine protector.
- Mandatory Coverage
- New cars require 1-year own-damage and 3-year third-party coverage.