India, March 4 -- ATK

New Delhi [India], March 4: When it comes to buying a car insurance policy, you might think factors like the car's make, model, and driving history are all that matter. However, did you know that where you park your car also plays a vital role in determining your premium? Yes, your parking location--whether at home, work, or elsewhere--can impact how much you pay for your car insurance.

In this article, we'll explore why parking location is such an essential factor, how it influences your car insurance premium, and how you can lower your costs.

Types of Car Insurance Policy

There are different types of car insurance policies. The most popular ones include:

- Third-Party Liability Insurance: Covers damages to ano...