Factors Influencing the Auto Insurance Premium
Many factors influence the rates that insurance companies offer to their customers.
In addition, each company can appreciate the same risk differently.
These differences in insurance company rates justify the existence of our site whose purpose is to bring you the best auto insurance offers corresponding to your particular profile.
This profile is based on your own criteria (your age, your address, your profession, …), information about your vehicle and the use you make of it, and takes into account your background in terms of claims.
It is the part of the expenses which remains to your load following a disaster .
For example : a motorist insured for damage to his vehicle has a deductible of € 1,000 in his auto insurance policy.
If after a responsible accident, the amount of the repair is 4,500 €, he will receive 3,500 €. In some cases, it is possible to appeal to the person responsible for damage and recover the deductible.
The franchise does not apply in all cases . You generally have nothing to pay if you have recourse against a third party responsible 100%, identified and insured at the time of the incident.
Some car insurance contracts provide for both fixed franchises (for example 1500 Euros) and proportional deductibles (for example 10% of the damage suffered). In these cases, your insurer will combine both deductibles to assess your compensation. Sometimes again, an overall cap of franchise amount is set in the contract.
The contribution calculated for a car insurance policy without deductible is higher than that for a franchise agreement.
Auto insurance contract with assistance guarantee
This is not a mandatory warranty , although it is included in many auto insurance policies. It allows to cover in the event of disaster and according to the particular contexts, expenses like the repatriation of a wounded or sick person abroad, the provision of the tickets of transport back and forth, the organization and the taking in charge of towing, advance medical expenses, sending spare parts to repair your car …
Each company will cover all or part of these benefits, so it is advisable to refer to the general conditions of your car insurance contract to avoid unpleasant surprises … In general, this guarantee is not expensive