Mandatory coverage, and car insurance can weigh heavily on your fixed costs budget. The cost of such insurance can be high because it takes into account many parameters.
This is all the more true knowing that there are criteria that have the particularity of increasing your car insurance budget. They are linked to both the vehicle and the driver profile. We explain to you what these criteria are and how to pay less for your bill.
Use an online comparator to compare different car insurance policies
The best way to choose economical car insurance is to use an online insurance comparator. As Les Furets explains to us, a car or motorcycle insurance comparator is a dematerialized solution that lists the coverage contracts of a multitude of insurers. With a car insurance comparator, you can put several dozen insurance quotes into competition.
These offers from nearby and remote companies are based on the level of guarantee that you have previously entered on the tool. The online insurance comparator helps you make a suitable choice, in less than 5 minutes. You can then be compensated for the maximum amount necessary to compensate for the loss that occurred. The comparator is the guarantee of a contract that combines coverage and price. It saves you up to 45% of the total cost of your insurance.
Age and place of residence, an impact on the cost of car insurance
One of the criteria that increases the car insurance bill is the age of the driver. Insurance companies estimate that older drivers have a lower risk of claims than those who have been driving for a short time. This is explained by the fact that the former are more cautious while driving than the latter, who are more carefree and less experienced. Another factor explaining a high car insurance bill is the place of residence of the insured. If you live in a large city with heavy traffic, expect to pay a fairly high price for your coverage. From one place to another, the claims rate varies greatly.
What budget should you plan for depending on the use you make of your vehicle?
The use you make of your car or motorcycle also has an impact on the cost of your insurance. Depending on whether you use your car personally or professionally, and whether or not you travel long distances with regular or controlled frequency, your car insurance budget will fluctuate. The same applies if an occasional or secondary driver is used to driving your car. These factors, combined with your experience on the road, can make car insurance a significant expense for you.
Seniors are most often profiles appreciated by insurers. According to them, you are a senior if you are over 50 years old. We consider that you have experience behind the wheel because you have (generally) several years of driving. What’s more, if we consider that your auto insurance liabilities work in your favor. In this case, your insurance budget will be reasonable and you will save money. However, you will need hundreds of euros or more, depending on the level of guarantee you request.