Auto insurance increase
Increase AUTO INSURANCE PRICE
Discover the elements that increase the price of your auto insurance.
Every year, the price of your auto insurance is increasing, it is a fact. But do you know exactly why? Why do the car insurance increase? Selectra goes around items that increase your auto insurance premium and explains how to find cheaper self insurance, or cancel your insurance contract!
The amount of the contributions of an auto insurance varies according to each insurer, but also depending on the profile of the insured! Here are the elements with an impact on the price of your auto insurance:
Auto insurance increase without prevention
The characteristics of your vehicle
Its power: plus a vehicle is powerful, the more likely it is to generate an accident. The amount of car insurance will be higher!
Its value: a new vehicle or high value represents more risks of vandalism or theft. Insurers also increase their rates depending on the release date of the vehicle: the more recent it is, the more expensive you will pay.
The parking venue: according to the crime rate of the parking place of your vehicle, your insurance premium will be able to increase. It is the same if the vehicle is parked in the street rather than in a closed garage!
Your assured profile
The date of obtaining your license: a young driver is considered a risk profile, since he lacks experience. Its insurance premium will be higher.
Your penalty: In case of disaster, you get a penalty, and therefore an increase in your insurance premium. The more claims you have, the more expensive you pay your car insurance.
YOUR AUTO INSURANCE CONTRACT
The chosen formula: according to the subscribed form (to third party, more than or all risks), the price of auto insurance differs. Each formula does not offer the same guarantees, and therefore has different rates. Insurance is the most complete formula and therefore the most expensive.
Options: Depending on the number of optional warranties you have subscribed (ice breaks or assistance for example), your auto insurance will increase.
The franchise: a weak franchise is often synonymous with expensive self insurance, and vice versa. So reflect well before subscribing, the cheapest offer will not necessarily be the most economical in case of claims!
Increased contributions from auto insurance
Each year, auto insurance prices increase on average by 2%, and 2021 will not except the rule! But what are the elements that justify this increase?
Here are the main factors taken into account by insurers for the increase of auto insurance:
Auto Insurance 2019
The rising risks driving: the use of the smartphone driving, although prohibited, is rising. There is an increase in the number of accidents caused by the wheel at the wheel in recent years!
The increase in accidents: each year, road safety publishes the numbers of road accidents. If the numbers are up, the risk of accident increases and the insurers review their rising tariffs.
The increase in the price of automotive repairs: in recent years, the price of repairs due to an accident or a disaster is rising, especially because the spare parts are more expensive and the cars always more modern technologically. Insurers therefore incorporate this increase in the increase in the car insurance rate.
Natural disasters: especially because of global warming, natural disasters are becoming more frequent. Floods, storms, fires and earthquakes are all criteria taken into account by insurers to increase their rates!
Insurers can quite choose to increase their prices for only part of their customers. Thus, the good drivers always benefit from discounts, while the evils are inflicting an increase on their insurance premium.
Beware of the increased clause! Your insurer is not free to increase your insurance premium when he wishes. To be able to re-evaluate the amount of your contributions, your contract must contain a clause "Revisions of the contributions" or "increase". Without this clause, you are entitled to refuse the increase in your car insurance! Be careful, however, your insurer will be able to terminate your contract at its next deadline.
إرسال تعليق