Motor vehicle insurance 2024: Check type and regional class as well as deductible! Savings possible through online tariffs and telematics.

Motor vehicle insurance 2024: Check type and regional class as well as deductible! Savings possible through online tariffs and telematics.

According to a report by www.br.de, new type classes for vehicle insurance were introduced next year, although premiums may change depending on the vehicle model and regional class. According to ADAC, owners of SUVs and luxury models in particular have to expect rising insurance premiums, while the reclassification could make it cheaper for 5.4 million drivers.

However, the type class is not the only criterion that influences insurance premiums. The regional class and general inflation also play a role. Due to increased workshop prices, the industry has generally announced higher premiums. This means customers may face higher insurance costs this year.

In this situation, changing insurance can make sense, especially during the annual change period until November 30th. New online tariffs often offer the cheapest options, and new customers often receive better conditions than existing customers. It is therefore advisable to check existing tariffs and change if necessary.

Another aspect that influences the cost of insurance is the amount of the deductible. According to the money guide “Finanztip”, checking and, if necessary, adjusting the deductible in partial comprehensive insurance can lead to significant savings. However, in this case, customers also have to bear minor damage themselves, which is why careful driving is even more important.

With a view to possible savings, it is also advisable to check telematics tariffs. These tariffs reward defensive and proactive driving with savings of up to 30 percent. Monitoring driving style through a sensor installed in the vehicle and a smartphone app enables insurance companies to evaluate customers' driving behavior and offer appropriate tariffs.

Overall, it is advisable to examine the various options for reducing car insurance costs in order to be prepared for the changing type classes and increasing premiums.