MANAGEMENT

Detailed explanation-1: -Some factors that may affect your auto insurance premiums are your car, your driving habits, demographic factors and the coverages, limits and deductibles you choose. These factors may include things such as your age, anti-theft features in your car and your driving record.

Detailed explanation-2: -Several metrics factor into the price of an insurance premium, including age, state and county of residence, and amount of coverage.

Detailed explanation-3: -The price of your car insurance premium also increases with the add-ons that you purchase such as zero-depreciation cover, cost of vehicle towing in case of a breakdown, increased third party liability, protection of NCB benefit, and many others.

Detailed explanation-4: -Value of The Car Insured Declared Value (IDV) of a car is a primary component for calculating the car insurance premium.