The Keys to Saving on Car Insurance: Tips for an Efficient and Cost-Effective Coverage

The keys to lean and effective car insurance

The increase in auto insurance costs is a reality that many motorists are noticing. In 2023, an increase of 3 to 5% was observed, pushing the average cost to 630 euros, compared to 611 euros the previous year. Several factors, such as the cost of spare parts, repairs and acts of vandalism, influence this inflation. However, it is possible to counter this tendency. One of the first tricks is to play the competition. Each insurer has its own pricing criteria, and loyalty is not always rewarded. By comparing the offers, some consumers have saved up to 340 euros for equivalent warranties.

Reducing the level of risk associated with your vehicle is another effective strategy. Insurers rate each car model differently. Powerful, new, or easy to steal vehicles are often associated with higher bounties. To mitigate these costs, consider anti-theft devices or parking in a secure garage. In addition, the way you drive also influences your premium. Preserving your bonus, avoiding accidents and adopting respectful driving can allow you to achieve significant savings.

Optimize your contract for suitable coverage

Car insurance per kilometer, although less popular in France, offers an attractive alternative for those who travel less than 12,000 kilometers per year. With this system, you pay a fixed premium plus an amount per kilometer driven. This can translate into savings of up to 40% on your annual premium. In addition, the adjustment of the guarantees to your real needs is essential. Outside of the civil liability guaranteewhich is mandatory, it is possible to customize your contract according to your real needs, thus avoiding unnecessary costs.

Finally, playing on the franchise level can also be beneficial. The deductible is the amount that remains your responsibility after a claim. By opting for a higher deductible, you can reduce your insurance premium. However, it is crucial to choose an amount that you can afford to pay in the event of a claim. In short, adapted and optimized car insurance is within everyone’s reach, provided they know the right tips and stay informed.