Some companies offer so-called premium saving models for car insurances. What does this mean for the policyholders?
- Obligation to repair in contract garages:
In the case of a claim, the repair must be done in a contract garage of the insurance. If this should not be possible, this regulation can be relaxed after agreement with the insurance company. If you act at your own discretion, you must expect that the covered benefits can be cut.
- Waiver of compensation of replacement value supplement:
In the case of total damage, a maximum of the replacement of the vehicle is refunded. As a vehicle looses a lot of value in the first years, the compensation of replacement value is not enough to buy a similarly new vehicle of the same type.
- Obligation to no alcohol while driving:
If a blood alcohol level is detected, e.g. an additional retention of CHF 2,000 becomes due.
- Crash Recorder:
A so-called crash recorder is built into the vehicle, which continously records all important data within 30 seconds that are necessary for a fast and objective reconstruction of the accident.
