In fixing retention fees for liability insurance the following categories of drivers usually apply:
Young drivers:
Drivers under 25 years of age.
New drivers:
Drivers who are older than 25, but have not yet had their driving licence for 2 years.
All other drivers:
Anyone who does not fall into the category of "young drivers" or "new drivers".
Retention combinations are usually presented in the following format:
CHF 1000/500/0:
For young drivers CHF 1,000.-, for new drivers CHF 500.-, for all other drivers CHF 0.-.
CHF 1500/1000/500.-:
For young drivers CHF 1,500.-, for new drivers CHF 1,000.-, for all other drivers CHF 500.-.
CHF 500/0/0:
For young drivers CHF 500.-, for new drivers CHF 0.-, for all other drivers CHF 0.-.
