See more clearly with our car insurance in this time of health crisis. That have decided the insurers ? The point with Pascal Frasnetti which has been investigated for the monthly “The Individual” of the group Le Figaro. Can you switch insurers and make insurance less expensive ? What is our car insurance in these times of health crisis and economic ? (MAXPPP)
With the Covid-19, the cars are often left in the garage lately. Pascal Frasnetti has made a folder for the monthly The Individual to know how to make a in this time of crisis, in terms of insurance auo. Contracts, warranties, and possible change of insurer.
franceinfo : is that the insurers have provided a refund for this period ?
Pascal Frasnetti : Some have done. The MAIF or the GMF have decided to repay a few tens of euros on the assessment 2020. But this is not the case of all insurers, far from it. Then, the redistribution is not compulsory, the French Federation of insurance reminded at the end of April. It recognizes a reduction of 75% in the number of accidents over a period of 2 months, but it rather invites the insurance companies to do their accounts at the end of the year for possibly passing on a reduction on tariffs 2021, if the premiums collected in 2020 are higher than the claims paid to the insured.
And if you don’t want to wait for 2021, can I change insurers today and how to get there ?
If your contract has more than one year, you may terminate it at any time, without waiting for the annual renewal date. Run the competition : today the market of auto insurance is very present on the Internet, including on the comparison, one can mention Assurland, Hyperassur, Ferrets or Lynx; on such sites, one can find in a few minutes an insurance contract tailored to its needs. And then you can compare the price obtained, equivalent guarantees, with your current contract.
So what are the ways to pay his insurance cheaper ?
The most classic, it is to abandon the formula all risks pass to the third party. We can consider this solution when the vehicle has substantially lost its value, for example when it reaches 6 000 to 7 000 euros. Is in general from 8 years old for the majority of pregnant women and 10 years for a sedan.
Why go to the third party in this case : because even if your contract for all risks covers you, you will be paid within the limit of the value of the vehicle. You can also go to the third party according to the use, in particular if the vehicle age is less used or if it has become a second vehicle.
For savings, you can also hunt down warranties useless in checking to see if you are not insured for the same risk under another contract, for example if your home insurance policy already includes a full legal protection. Similarly, there is no need to buy a warranty mechanical breakdown if you have purchased your new vehicle and if the manufacturer includes it during the warranty period of the vehicle.
We often speak of the franchises also : is it at all cost reduce it ?
Yes, if you have the means. But if you’re looking to save on his annual premium, it is possible to take a rest to charge on certain types of damage, which can reduce easily the bonus of 50 euros per year.
Everything depends of course of your profile. If you are an excellent driver or a small wheeler, it is probably unnecessary to seek a franchise reduced to 0 euros. We think the support option, zero kilometer, which allows for intervention without taking into account the distance from your home in case of a failure. This option is not a priority if you don’t use all the days of your vehicle, such as a professional.
Conversely, what are the safeguards needed ?
The essential element, it can never be said enough, it is the warranty driver. If your contract does not include, you will not be compensated in case of responsible accident or in the absence of a liable third party, in the event of a hit-and-run manager for example…Or, on the one hand, this guarantee is not always present in contracts to the third party or the third party extended. And on the other hand, to be effective, the warranty driver must be able to trigger regardless of your degree of disability, post-accident.
There are, in effect, a threshold of permanent impairment to physical and mental integrity (AIPP), from which the insurer supports the permanent disability after the accident. If your disability rate is less than the threshold provided for in your contract, you will not be compensated. The average threshold for triggering the compensation amounted to 10%. But it can climb up to 16%.
Conversely, the best contracts offer thresholds of 5%, a lot more protective. Finally, check the ceiling for compensation. It must be at least
400 000 euros to cope with the consequences of serious sequelae, for example, to a handicapped person.