How to Save on Car Insurance in Your Area!

Picture: Illustration save car insurance in your area

Every year, the price of car insurance increases, and the budget allocated by the French sometimes exceeds their forecasts. While insurers justify this price increase, many other factors also depend on the policyholders.

Faced with this significant rise in prices, several solutions make it possible to limit costs. Given the compulsory nature of insurance, it would then be useful to be able to make some savings despite this gradual increase.

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Car insurance: an online quote request to make the right choice

As soon as you have a vehicle (with or without a license), you must have it insured against accidents, claims and damage. This is an obligation, but also financial assistance to help you cope with one or other of the unfortunate situations mentioned above.

There are a multitude of insurance structures, some of which are specialized only for car insurance. There are three types of car insurance (all-risk, one-third plus, one-third) with very distinct rates and services.

Before subscribing, it is recommended to analyze the price of your car insurance quote in order to know what budget to plan. The ideal is to compare several quotes to get an estimate of the final budget. You can thus request a quote online in order to then determine the most suitable proposal.

The insurance quote is free and can be obtained in a few minutes. It is fully customized according to your profile and the characteristics of the vehicle to be insured. It's a godsend to find the cheapest insurance.

Car insurance rates

From the moment you take out car insurance, several criteria influence the final amount. The gradual increases come on the one hand from the policyholders themselves, but also from the insurance structure on the other hand.

The latter may, for structural and budgetary reasons, increase the premium. Most insurance companies put forward the reason for the amount of repairs. This amount is getting higher and higher because of the new technologies that many vehicles are equipped with.

The characteristics of the vehicle

The more powerful, recent or valuable the vehicle is, the higher the insurance will be. In the event of accidents or claims, the premium also increases due to the malus attributed to the driver.

When taking out an insurance contract, the brand, purchase price and other information about the vehicle are taken into account to determine the amount of contributions.

The chosen formula

The more comprehensive the protection offer, the more expensive the insurance will be. A deductible that is too low leads to high premiums.

The driver's background, age, profession are all data that influence the amount of the premium. In addition, when additional guarantees are added or a new risk is detected, the premium can easily rise.

Mandatory guarantees and taxes imposed by legislation may also lead insurers to request a higher premium. The change of residence, the modification of the vehicle's power, the change to a professional car are all new risks likely to increase the premium.

The premium also increases when there is an aggravation of the risks. The latter case occurs when the insured provides incomplete or false information when signing the insurance contract. The increase in this case takes the form of a sanction.

For any modification on his vehicle, the insured is obliged to inform his insurer as soon as possible. For contracts with an indexation clause, the insurer can change the premium according to the progress of the indices.

The rise in accidents, natural disasters as well as the rise in risks while driving (using the phone, sleeping, etc.) are also among the reasons that drive up premiums.

The region of residence

The rise in car insurance prices is not felt in the same way in all French localities. From the cheapest region to the most expensive, the price difference is around more than 100 euros. These regional disparities are explained by the low or high accident rates recorded.

The place where the vehicle is parked also affects the insurance. A vehicle parked in a garage or a high-security place will have a lower premium than a vehicle parked in the middle of the street.

Some tips to reduce the cost of your insurance

Tips to reduce the cost of your insurance are suitable for both those who have already taken out insurance and those who are planning to do so. The idea is to find the insurance with the lowest possible premium.

The possibility of challenging the premium increase

If your contract does not have a clause: "revision", "adjustment of contributions" or "increase", then the increase in the premium is not valid. If such a clause does not exist on the contract, then you can challenge the increase and ask for the old tariff to be maintained.

The insurer reserves the right to accept the request or not. In the latter case, he is able to terminate the contract at the next due date.

Termination of the current contract

Given the large number of insurances available, the easiest way is to cancel your overpriced contract for a more affordable proposal with the same or almost the same coverage. However, be careful not to rush to the first offer.

You should also carefully read the clauses of your current contract regarding the premium increase and termination. With the increase in premiums as the reason for termination, a specific procedure applies depending on the type and duration of the contract.

It is then necessary to take out a new insurance contract and you can consider doing this during a promotion of the structure. The rates are thus slightly lower for the same guarantees.

In addition, for cars that are already more than four or five years old, it is better to take out the warranty to the third party. The savings made are quite significant while keeping his car insured for other claims.

The option of the online insurance comparator

If you don't have to call each insurance company or go to each company's website, it is better to try online insurance comparators. This process saves time.

In addition, the comparators have the advantage of presenting several serious insurance companies with precise details about their offers and services.

At a glance, it is possible to quickly find the insurance that perfectly suits your needs. All the results are adapted to the information provided about you and your vehicle with great precision. From one structure to another, you can view all the offers to make your choice.

In addition, it is more appropriate to choose an online insurer that does not have a physical headquarters. This removes the management fee, which also reduces the amount of premiums.

The possibility of grouping your contracts and paying by the year

The idea of grouping your insurance amounts to choosing the same structure for all your insurance (car, home, etc.). Having several contracts with the same insurer makes it easier to negotiate premiums and also allows you to obtain substantial benefits.

Also, the solution of paying everything at once is a safer and more economical alternative. The management costs are actually reduced for the insurer.

There is also the option of increasing the deductible by a few tens or hundreds of euros in exchange for the reduction of contributions. The savings are quite significant, but it is recommended not to exceed a maximum increase of 600 euros.

Accompanied driving and similar solutions

Accompanied driving mainly concerns young drivers. Being considered people at risk, their premium is quite high. The accompanied driving option reassures insurers and reduces premiums.

Apart from accompanied driving, there is also the option of having an old car insured. The older the car, the less risk it poses to insurance companies. Which leads to a low contribution.

For new cars, sports cars and luxury cars, which are susceptible to theft, it is essential to install anti-theft systems. An alarm, an immobilizer, a GPS tracker are among other options to reduce your premiums.

The option of having a dashcam (on-board camera) installed is also an original idea to reduce insurance premiums. This camera is a guarantee of safety for many insurers.

On the other hand, mileage insurance also seems to be an interesting option. Also called "Pay as / how you drive", this type of insurance applies according to the number of kilometers traveled.

Some formulas impose a certain number of kilometers not to be exceeded monthly. This type of insurance is especially suitable for drivers who do not frequently travel long distances.

It is important to carefully analyze the insurance rates in order to validate your final choice.

Thus, comparators and online quote requests make it possible to make simulations in order to best evaluate the necessary budget for car insurance. You can thus determine the amount of the premium according to the indicated criteria.(*)