Deductible reduces vehicle insurance costs by up to 36 percent - tips from the experts

Deductible reduces vehicle insurance costs by up to 36 percent - tips from the experts

How amp.focus.de reports, insured people can save significantly by choosing a deductible on their vehicle insurance - up to 36 percent. Model calculations from the comparison portal Verivox show that this can lead to savings of up to 560 euros per year. Other factors such as choosing a fully comprehensive insurance tariff with a workshop commitment or paying the premium annually can also lead to price reductions.

The deductible is worth it after just one year without claims, as customers can save an average of 23 percent or 276 euros annually. Drivers can also receive a discount of up to 22 percent by joining a workshop, and paying the insurance premium annually brings a discount of up to 25 percent.

In addition, civil servants can save up to 22 percent and city residents can save up to 6 percent. Given this information, policyholders should consider checking with another provider to see if they can get more discount benefits - and switching insurance providers if necessary. It is possible to change insurers without giving reasons until November 30th, and a special right of termination applies in the event of a premium increase.

This information is extremely relevant to consumers as it can help them achieve significant savings on car insurance. It is therefore advisable to carefully examine the factors mentioned and, if necessary, consider changing your insurance provider.