6 Tips for Comparing Car Insurance Rates!

Tip 2: Take a critical look at the coverage

You have three options for your auto insurance coverage: third-party liability, third-party liability + limited comprehensive, and comprehensive. In terms of price, third-party liability insurance is the least comprehensive and therefore the cheapest, while comprehensive insurance is the most comprehensive and therefore the most expensive.

When choosing coverage, consider the age of your car. Many people pay too much for their car insurance because their coverage no longer matches the age of their car. In general, the following age categories are used:

This is just a guideline; it may sometimes be better to get comprehensive insurance for older cars. That’s because cars these days last longer than they used to. According to the Bovag-Rai Mobility Foundation, the average age at which a car is scrapped is about 18 years.

With the right coverage, you can ensure that you’re properly insured in any situation. Car repair costs can really add up—and that’s not even mentioning personal injury. That’s why it’s important to be properly insured; it helps you avoid sky-high costs.

Tip 3: Check the deductible amount

Most insurers have a deductible for car damage. This is the portion of the costs that you are responsible for paying. Most insurers have a standard deductible, but the amounts can vary from one insurer to another. You can choose to increase your deductible. This will lower your car insurance premium. By increasing your deductible, you can save a lot of money.

There are also insurers that do not have an deductible at all. Therefore, always carefully review the insurer’s policy terms and conditions to see what requirements apply to the deductible.

Tip 4: Avoid duplicate insurance coverage

When calculating the price of car insurance, you’ll also be asked if you want to purchase additional coverage, such as legal assistance insurance, passenger accident insurance, passenger injury insurance, or roadside assistance insurance. Be sure to check that you aren’t double-insured. Do you already have legal assistance insurance that includes the Traffic module? Or are you already covered for roadside assistance through another provider? If so, you obviously don’t need to purchase this coverage again. This way, you can save on the cost of your auto insurance.

Tip 5: Keep track of your claim-free years

Have you had car insurance before? If so, you’ve accumulated claim-free years over the past few years. For every year you don’t file a claim, you earn one claim-free year. When taking out car insurance, the rule is: the more claim-free years you’ve accumulated, the bigger your premium discount will be. When comparing car insurance policies, you obviously can’t change the number of claim-free years you’ve accumulated. However, if your car sustains relatively minor damage, you can choose not to file a claim with your insurer. This way, you ensure that you don’t lose any claim-free years and your premium doesn’t go up.

Tip 6: Compare rates every year

Premiums and policy terms from a car insurance provider can change every year. That’s why a car insurance policy with the same coverage might suddenly be cheaper with a different provider next year. Of course, your personal situation can also change. We therefore recommend checking annually to see if your car insurance still meets your needs. Comparing policies is very easy using our online comparison tool. With just your license plate number, we can retrieve a lot of information about your car. After entering some personal details, you can start comparing. This way, you’ll always find the cheapest car insurance at the best price.