1 – Bring the competition into play
Several laws facilitate the change of auto insurance. The Hamon law, introduced on January 1 , 2015, allows you to terminate your contract at any time and at no additional cost if it was taken out more than a year ago. In view of the prices charged on the market (between 555 euros and 680 euros per year depending on the formula chosen), competition between insurers may prove useful.
Today, many brokers offer to support policyholders in this process by providing them with car insurance comparators promising significant savings on the annual bill. Their use is relatively simple since all you have to do is complete a form by providing some information on your profile (personal and professional situation, date of obtaining a driving licence, driving history, etc.) and on the insured vehicle.
2 – Turn to online car insurance
Online car insurance is generally cheaper than the offers offered by traditional establishments. They make it possible to obtain between 20% and 30% reduction on entry-level contracts. Regarding medium and high-end contracts, savings can reach up to 40% compared to a conventional auto insurance contract.
3 - Take out car insurance per kilometer
If you drive less than 8000 km per year, you can take out car insurance per kilometer. Instead of paying a flat rate for the year, you will pay your insurance according to the distance travelled.
Concretely, this type of offer comes in two forms:
A mileage package that allows you to travel a certain number of kilometers per year. The ceiling varies according to the insurers from 7000 to 12000 km;
A reduced rate adjusted according to the number of kilometers actually travelled.
Taking out car insurance per kilometer involves installing an electronic box on board the vehicle in order to transfer data relating to travel (number of kilometres, duration and schedule of driving, type of roads taken).
This insurance can be very interesting if you are sure not to exceed the ceiling set by the insurer. On the other hand, in the event of an overrun, a penalty will be applied in the form of a rate increase.
4 – Remove unnecessary guarantees
If you have or wish to take out Γ la carte car insurance, it is necessary to remove the guarantees that are not useful to you. For example, it is not always wise to subscribe to the legal protection guarantee which allows you to benefit from legal aid in the event of a dispute. Indeed, it costs an average of 60 euros per year and only applies when the case is brought before the court. Similarly, the glass breakage guarantee is not essential. By removing it, you can lower the bill.
It is therefore important to choose the right guarantees when subscribing and during the contract, not to hesitate to sort through the options subscribed.
5 – Adapt the insurance to your vehicle
The amount of the auto insurance premium mainly depends on the age of the insured vehicle. Therefore, it is not worth keeping a high level of warranty for an old car. Some insurers offer cheaper cover over time, for example comprehensive insurance for vehicles up to 4 or 5 years old, third party insurance + for vehicles up to 9 years old and third party insurance for older cars .
6 – Find out about the discounts offered
Several organizations allow motorists to benefit from reductions when they have taken out other contracts with them or if they insure several vehicles. This allows you to save as soon as you subscribe.
7 – Favor annual payment
Paying your 12 monthly payments at once generally gives the possibility of obtaining rebates of between 5% and 8%. If your financial situation allows it, do not hesitate to opt for this method of payment.
8 – Go through a broker
The broker is responsible for comparing car insurance offers for you. More precisely, after having analyzed your profile and your needs, he negotiates the best offer with his partners. Extended warranties, attractive prices, time savings, personalized support and advice… By going through this intermediary, you will benefit from many advantages. Before you start, remember to check that the broker has the necessary approvals to perform his duties as well as the quality of the services he offers.
9 – Equip yourself to reduce the risk of theft
It is possible to reduce the amount of the auto insurance premium by equipping yourself with certain accessories aimed at reducing the risk of theft. If you have a top-of-the-range vehicle with a tracking system, you can, for example, benefit from a 5% reduction with the insurer AXA.
10 – Choose a cheap car
The choice of vehicle has an impact on the amount of contributions. The more powerful the car is, the more expensive auto insurance will be. The same reasoning applies with age: the newer the vehicle, the higher the cost of insurance. To get an estimate of the amount of your premium, don't hesitate to do a free, no-obligation car insurance simulation online.
As you have understood, many tips allow you to pay less for your car insurance. Competitive bidding is an essential step. Indeed, by comparing offers, policyholders can save money without having to travel. The help of a broker can be useful, especially in the event of a change of car insurance, to be accompanied and advised at all stages.
Several laws facilitate the change of auto insurance. The Hamon law, introduced on January 1 , 2015, allows you to terminate your contract at any time and at no additional cost if it was taken out more than a year ago. In view of the prices charged on the market (between 555 euros and 680 euros per year depending on the formula chosen), competition between insurers may prove useful.
Today, many brokers offer to support policyholders in this process by providing them with car insurance comparators promising significant savings on the annual bill. Their use is relatively simple since all you have to do is complete a form by providing some information on your profile (personal and professional situation, date of obtaining a driving licence, driving history, etc.) and on the insured vehicle.
2 – Turn to online car insurance
Online car insurance is generally cheaper than the offers offered by traditional establishments. They make it possible to obtain between 20% and 30% reduction on entry-level contracts. Regarding medium and high-end contracts, savings can reach up to 40% compared to a conventional auto insurance contract.
3 - Take out car insurance per kilometer
If you drive less than 8000 km per year, you can take out car insurance per kilometer. Instead of paying a flat rate for the year, you will pay your insurance according to the distance travelled.
Concretely, this type of offer comes in two forms:
A mileage package that allows you to travel a certain number of kilometers per year. The ceiling varies according to the insurers from 7000 to 12000 km;
A reduced rate adjusted according to the number of kilometers actually travelled.
Taking out car insurance per kilometer involves installing an electronic box on board the vehicle in order to transfer data relating to travel (number of kilometres, duration and schedule of driving, type of roads taken).
This insurance can be very interesting if you are sure not to exceed the ceiling set by the insurer. On the other hand, in the event of an overrun, a penalty will be applied in the form of a rate increase.
4 – Remove unnecessary guarantees
If you have or wish to take out Γ la carte car insurance, it is necessary to remove the guarantees that are not useful to you. For example, it is not always wise to subscribe to the legal protection guarantee which allows you to benefit from legal aid in the event of a dispute. Indeed, it costs an average of 60 euros per year and only applies when the case is brought before the court. Similarly, the glass breakage guarantee is not essential. By removing it, you can lower the bill.
It is therefore important to choose the right guarantees when subscribing and during the contract, not to hesitate to sort through the options subscribed.
5 – Adapt the insurance to your vehicle
The amount of the auto insurance premium mainly depends on the age of the insured vehicle. Therefore, it is not worth keeping a high level of warranty for an old car. Some insurers offer cheaper cover over time, for example comprehensive insurance for vehicles up to 4 or 5 years old, third party insurance + for vehicles up to 9 years old and third party insurance for older cars .
6 – Find out about the discounts offered
Several organizations allow motorists to benefit from reductions when they have taken out other contracts with them or if they insure several vehicles. This allows you to save as soon as you subscribe.
7 – Favor annual payment
Paying your 12 monthly payments at once generally gives the possibility of obtaining rebates of between 5% and 8%. If your financial situation allows it, do not hesitate to opt for this method of payment.
8 – Go through a broker
The broker is responsible for comparing car insurance offers for you. More precisely, after having analyzed your profile and your needs, he negotiates the best offer with his partners. Extended warranties, attractive prices, time savings, personalized support and advice… By going through this intermediary, you will benefit from many advantages. Before you start, remember to check that the broker has the necessary approvals to perform his duties as well as the quality of the services he offers.
9 – Equip yourself to reduce the risk of theft
It is possible to reduce the amount of the auto insurance premium by equipping yourself with certain accessories aimed at reducing the risk of theft. If you have a top-of-the-range vehicle with a tracking system, you can, for example, benefit from a 5% reduction with the insurer AXA.
10 – Choose a cheap car
The choice of vehicle has an impact on the amount of contributions. The more powerful the car is, the more expensive auto insurance will be. The same reasoning applies with age: the newer the vehicle, the higher the cost of insurance. To get an estimate of the amount of your premium, don't hesitate to do a free, no-obligation car insurance simulation online.
As you have understood, many tips allow you to pay less for your car insurance. Competitive bidding is an essential step. Indeed, by comparing offers, policyholders can save money without having to travel. The help of a broker can be useful, especially in the event of a change of car insurance, to be accompanied and advised at all stages.
