- Make use of reductions
- Optimal insurance - what is necessary?
- Changing insurances
- Damage claim – how to proceed?
- Keeping to liabilities
Make use of online offers
You’ll find the cheapest offers on the Internet.
Buying the right car
The premiums for your car insurance depend on the vehicle type. For example, some insurance companies offer an eco-reduction. Driving a cheaper vehicle with a less powerful engine generally also guarantees lower insurance prices.
Cheaper thanks to premium saving models
If you comply with specific conditions (such as partner garage, zero-alcohol-level etc.), you can save. Therefore it is essential to think about what is important to you and what you might be able to do without.
Professional groups
Some insurance companies provide a discount for members of certain professional groups or associations of academics.
Mandatory insurance
The liability insurance is compulsory. However, it is worth comparing the premiums.
Voluntary insurance
Unlike the motor vehicle liability insurance that covers damages you cause to others, the partial coverage and collision insurance (together called comprehensive insurance) are voluntary and cover damages caused to one’s own car. It is advisable to conclude collision insurance. However, the conclusion of a comprehensive insurance is only profitable with new cars. Therefore, you should absolutely make sure not to forget to convert the comprehensive insurance into partial coverage insurance when your car gets older.
Less premiums thanks to retention
With comprehensive insurance you are able to choose your retention freely and thus reduce the premiums.
Selecting the right supplements
The leaner your insurance is, the cheaper the premiums are. This is why you should find out exactly which supplements you really need. For example: a passenger accident insurance is only profitable for a small number of people, as all residents in Switzerland are already insured against accidents. Also breakdown assistance insurance is not always necessary. Being indeed practical, it is often already covered by another insurance, e.g. by the ETI assistance cover or a membership with a touring club. The same applies to the stationary insurance: not everybody needs it. Additionally, it can mostly be taken out for new cars only and is temporarily limited. Find more on the subject here: stationary insurance.
Benefitting from lower premiums
Only if you are willing to take out a new insurance, you can benefit from new and cheaper premiums. Without a termination, the contract is automatically renewed for another year.
Keeping to the termination deadline
Usually the termination period is three months. Terminations within a shorter period are only possible in the case of a premiums increase, a damage claim or a change of vehicle. Use the template for the termination letter.
Flexibility due to short durations
Conclude only one-year contracts or negotiate an annual right to determination. Only this way you can benefit from new, cheaper prices. The bonus level stays the same with each change.
Report damage immediately
Make sure to report any damage to your insurance company immediately. This way, you can avoid following problems with the administrative management of the insurer. Problems can especially occur if you already have the damage repaired without reporting it. Often insurance companies want to assess the damage by an expert before deciding on the further proceedings.
Damage or bonus loss?
Find out which option is more expensive. It can be worth paying for the damage yourself. This is the case if both the retention and the bonus loss are higher than the damage costs. If you decide to pay for the damage yourself, you can also inform your insurance company about this at a later stage.
Paying premiums on time
If you don’t pay your premiums or don’t pay them on time, you risk reminder fees and lots of trouble. The insurance company can also cancel the coverage after the payment deadline. This means you have to pay yourself in the case of damage. If you don’t react to the reminder, you also risk the confiscation of your car number by the police, which causes lots of costs and trouble.
Why pay more for the same benefits? Maybe also your friends and colleagues can benefit from a cheaper car insurance.
