Car insurance 2023: Avoid price increases and save – expert tips!

Car insurance 2023: Avoid price increases and save – expert tips!

According to a report by web.de, inflation has not only made food more expensive, but insurance prices have also risen. Motor vehicle insurance premiums increase at different rates depending on the type of car and region, which makes switching insurance attractive. Editor Ulrike Sosalla from “Finanztest” advises checking the premium calculation carefully, as significant price jumps have been found for some tariffs. An example shows that a 20-year-old driver in Heidelberg would have to pay 1,000 euros due to a premium adjustment from 483 euros. However, a timely change would save 105 euros.

The car insurance company advises that drivers should check the kilometers they have driven and adjust comprehensive insurance according to the age of the car. Another way to reduce costs is to maintain workshop loyalty and use telematics to receive tariff discounts. In addition, new drivers could receive a better no-claims class if their parents' car is insured with the same insurance company.

Ms. Sosalla's recommendation is to check the contribution calculation and, if necessary, consider changing. A comprehensive comparison is worthwhile in order to save costs in the long term. Savings can also be achieved by making adjustments to the existing tariff, such as checking the kilometers driven, adjusting comprehensive insurance, using telematics and other options. The expert's conclusion is that there are various ways to optimize the monthly costs for car insurance without compromising on performance.