The costs for vehicle insurance increase continuously, influenced by factors such as increased repair costs and increasing damage sums. Nevertheless, policyholder can significantly reduce their premiums through targeted measures.
Payment modalities and deductible
The type of payment method has a direct impact on the amount of the insurance premium. According to ADAC, if you choose an annual instead of a monthly or quarterly payment method, you can save up to five percent of the contribution amount. The amount of the deductible in the event of damage also affects the premium: the higher the own contribution, the lower the insurance contributions. 150 euros of deductible in partial comprehensive insurance and 300 euros in the full -kaskovariant are recommended.
Discounts and bonus programs
Numerous insurers offer special discounts – for example for certain professional groups, members of automotive clubs or when taking out several insurance companies at the same provider. It is therefore worthwhile to specifically ask for such benefits. In addition, modern telematics tariffs enable savings of up to 30 percent. An app analyzes the driving behavior in real time and rewards careful and forward -looking driving style with lower premiums. In addition, the agreement of a workshop binding – i.e. the obligation to have repairs in partner workshops can be achieved – further discounts of up to 20 percent.
Vehicle and driver
Not every vehicle requires comprehensive fully comprehensive insurance. Partial comprehensive insurance can be sufficient, especially for older vehicles. Allianz Direct advises you to regularly check the selected insurance scope and adjust if necessary. The specified annual mileage should also be realistically assessed and regularly updated, since it has a direct effect on the amount of the contribution. Another lever to reduce costs is the limitation of the driver’s circle: the more people can use the vehicle, the higher the risk – and accordingly the insurance premium. The ADAC therefore recommends keeping the driver’s group as small as possible.
Editor finance.net