Full casco insurance for your car: is it worth it?
Full casco insurance covers damage to your car – whether you caused it or not. But is it worth it? Comparis explains what you need to know.
08.03.2024
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1. What is full casco insurance?
Full casco insurance is a type of comprehensive car insurance. It’s usually worthwhile for newer vehicles. Unlike car liability insurance, it’s generally optional.
Full casco combines partial casco and collision casco in one insurance policy and covers various types of damage to your own vehicle.
Calculate potential savings
Different providers offer different conditions, benefits and premiums. At Comparis, you can find the latest offers and calculate your savings potential.
2. What does full casco insurance cover?
Full casco generally covers the following:
Any damage to you vehicle that you didn't cause yourself such as marten bites, broken glass, hail damage, vandalism or theft (partial casco).
Damage to your own vehicle that you caused yourself (collision casco).
What if my car is a write-off?
If your car is a write-off, full casco will generally pay for the damage. Depending on the insurance policy and the vehicle’s age, you will receive either the replacement value or the current value of the vehicle.
Overview of insurance models
Here are the differences between liability, partial casco and full casco insurance policies.
Note: the graphic is interactive.
Good to know: many insurance companies have a bonus system. This means your premiums increase after a claim, but if you don’t make any claims, your premiums are reduced.
3. Do I need full casco insurance for my car?
The idea is simple: by paying higher premiums, you protect yourself against more risks.
This is particularly worthwhile if you have:
A new car (up to four years old)
A high-value vehicle with a high replacement cost
Alongside your car’s age, your usage, driving behaviour and your financial situation also play a role. See our article Which car insurance do I need? for more information.
Full casco insurance: mandatory for leased cars
Good to know: a leased car usually comes with obligatory full casco insurance. This is valid for however long you have leased the car for.
4. What does full casco insurance cost in Switzerland?
Premiums vary according to:
Vehicle make, model, engine, equipment
Driver profile: age, gender, nationality
Cover: benefits, add-ons
Provider
Do you park your vehicle outdoors or in a garage? Depending on the insurer, this can also affect your premiums.
Compare insurance premiums
Do you want to compare prices for liability and casco insurance? At Comparis, you can find up-to-date car insurance premiums at a glance and calculate your savings potential quickly and easily.
Example calculation for Škoda and Tesla
Here you will find example prices* for full casco, partial casco and compulsory liability insurance based on two popular vehicle models.
| Vehicle | Liability | Liability and partial casco | Liability and full casco |
|---|---|---|---|
| ŠKODA Octavia, 110 hp, CHF 35,170 (new car) | CHF 203.10 | CHF 344.00 | CHF 615.90 |
| Tesla Model Y, 347 hp, CHF 46’990 (new car) |
CHF 180.10 | CHF 363.80 | CHF 685.20 |
Source: Comparis comparison portal
*With these assumptions: male, born in 1990, driving licence since 2012, nationality CH, place of residence Aarau AG, no claims for 5 years, 12,000 km/year, deductible: 500 francs, insurance policy begins 30.01.2024, new car, information correct as of: 29.01.2023
5. Full casco deductible: how can I save?
If you choose a higher deductible, you pay less on your premiums. However, you will have higher costs if you make a claim.
Tip: when choosing your deductible, consider how much you can and would like to pay out of your own pocket if you make a claim.
6. What supplemental insurance is available?
Depending on your preferences, driving style and the risks you tend to take, it may be worth considering some supplemental insurance:
7. Is parking damage covered by full casco insurance?
Depending on the policy, full casco may or may not cover parking damage. Read the insurance terms and conditions to find out what applies to your chosen policy. Depending on your circumstances, taking out insurance for damage while parked can also be worthwhile.
8. Summary: is full casco insurance worth it for my car?
It’s best to work out for yourself if you need full casco insurance or not. These points can help you decide:
Full casco is more worthwhile for newer vehicles and valuable vehicles.
Anyone who would come under financial pressure if their car was written off can insure themselves in advance with full casco cover.
Leasing is usually only possible with full casco cover.
It’s worth comparing benefits and premiums.
This article was first published on 11.08.2015
