Cheap car insurance often better than expensive

Lender’s own research shows that there is no connection between the quality of a car insurance policy and the level of the premium.

Premium says nothing about quality

Premium says nothing about quality

Who pays a lot of premiums is often not better insured than someone who has a cheap policy. In fact, Lender even found a negative correlation: Some expensive car insurance policies have significantly less good coverage.

Cheapest car insurance

Lender compared 53 different car insurance policies based on their premium and quality. In particular, the differences in premiums were found to vary widely. The cheapest car insurance is always more than half the price of its expensive equivalent. It is also striking that many policies with the best coverage conditions appear to have a relatively low premium.

Car insurance better and cheaper

Car insurance better and cheaper

The large number of newcomers to the market is an explanation for the considerable differences in premiums. They often offer very good policy conditions for relatively few. Insurance companies such as Allsecur and Klaverblad Royaal are good examples of this. They offer extensive coverage for competitive premiums. And DITZO and Policy Direct also have good conditions. The newcomers can keep the premiums low because they have fewer costs than the ‘old’, expanded companies. For years, consumers have paid far too much for their insurance policies. Insurers filled their pockets by tacitly renewing policies.

Save on car insurance

“Anyone who goes shopping can easily save an average of 171 euros a year on his car insurance. Without necessarily compromising on the quality of the insurance, “said Erik Hordijk of Lender. “Most people prefer to shop for an LCD TV than for insurance. And that is unfortunate, they leave a lot of money behind. Existing insurers think that of course is fine: Their cash is being spilled.

Easily compare car insurance policies

Easily compare car insurance policies

The best way to compare car insurance is on a premium basis. The top ten that emerges from the comparison include the cheapest car insurance policies. In between, the insurance with the best cover can often be found. That way you not only save a lot on your insurance, but you also have the best policy conditions.

Leave a Reply

Your email address will not be published. Required fields are marked *