CASCO policy: How much?

Since the beginning of 2012, there have been fewer and fewer people wishing to buy a CASCO policy, and for insurance companies, auto insurance is a significant source of income. And in the competitive race for the client, they are simply forced to reduce the cost of this type of service, to simplify and speed up the process of registration and the procedure for insured events compensation. The only question is how long the tariffs so favorable for car owners will last, and how much CASCO will cost this autumn 2012.

What is the reason for the decrease in the cost of CASCO?

If we compare tariffs in the current and 2011, we can see that today they are reduced by about 10-15%. And if a year ago it was possible to buy CASCO for at least 6% of the cost of the car, now even major players in the insurance market offer the same policy for 4.5%. And there are several reasons for this:

• Reason #1 - declining customer growth.

At the same time, insurance contracts in no way reduce or impair the powers of car owners.

• Reason number 2 - accumulated statistics.

Over the years, insurers have already accumulated certain statistics of accidents, thefts and other insured events, so they can offer more flexible conditions to customers.

Who can count on the maximum discount?

1. Regular customers of the insurance company.

If you have previously cooperated with the company and did not bring "losses" to it, then you may well buy a policy 30-40% cheaper than a person who came "from the street".

2. Car loan buyers.

If you buy a car on credit through a car dealership or a bank, then under the partnership program you can buy a policy 10-20% lower than the average market price (the bank or dealer will subsequently reimburse this discount to insurers).

How much does CASCO cost today?

Until the end of the year, the tariffs for the policy will not change, and for some brands of cars they will even decrease. And so that you have a visual idea of the cost of the policy in different companies, we provide you with a table of tariffs ( valid for October 2012 ).