Tips for finding economical and suitable car insurance – Elektromobil
Sponsored content
Compare auto insurance quotes to find the best rate
Car insurance rates are experiencing significant inflation. In 2024, the average insurance premium for a passenger car in France was approx 480 euros without tax per vehicle. According to France Assureurs, this figure is up 5.6% compared to 2023 in the context of a 7.3% increase in car premiums over the year. This development requires comparing offers.
For quickly compare prices and guarantees of different insurersyou can use an online insurance comparison tool for your car that aggregates offers from several companies. This time saving is linked to a specific financial advantage: according to Hyperassur, a major insurance comparator, this approach allows you to save an average of up to 150 euros per year on your car insurance premiums, with equivalent guarantees.
The key lies in the method: provide accurate information about your driver’s profile, your vehicle’s characteristics and your actual warranty needs. Price differences between insurers for the same profile can reach several hundred euros. Don’t settle for the first quote: at least do your research three or four suggestions identify one that combines competitive pricing and coverage tailored to your situation.
What insurance options should you choose on a budget?
The weight of insurance in your car costs deserves your attention. In 2024, the average monthly budget dedicated to a car in France will reach 416 euros, including 10.8% for insurance, or around 45 euros per month, according to Roole Data behind acquisition and fuel. This part fully justifies thinking about the formula to subscribe to. L’third party insurance represents the most affordable solution. It covers your compulsory civil liability, i.e. the damage you might cause to others. For an old or low-value vehicle, this formula is generally sufficient. However, you can enhance it with specific guarantees according to your needs: legal protection, glass breakage or theft.
A tight budget never means a lack of coverage. Data from the National Interagency Highway Safety Observatory shows that an uninsured motorist has about four times the risk of being responsible for a fatal accident than an insured driver. Recent estimates show that there are an average of 200,000 to 250,000 uninsured drivers in France. This leads the Guarantee Fund for compulsory insurance to compensate more than 100 million euros for uninsured losses every year. Financial and criminal penalties make this stalemate even more costly than the premium saved.
Lower your premium with these optimization levers
A few specific adjustments can help you lower your annual contribution. The choice of deductible directly affects the amount of your insurance premium: accept a higher deductible reduces the cost of your contract if you have this amount available in case of a claim. Declared mileage is another lever: if you don’t drive much, report it to your insurance company. Many companies offer discounted rates to small riders. Mentioning a locked garage or guarded parking space can also get you a reduction, as the risk of theft or vandalism is reduced.
Group your policies with the same insurance company often generates attractive discounts. By combining a house and a car, you can get a discount of 10 to 15% overall. By paying your premiums annually instead of monthly, you avoid split fees. Your bonus-malus remains the most determining factor: every year without a responsible claim improves your coefficient and reduces your bill. Driving carefully is the best savings strategy in the long run.
Find a economical car insurance is less a matter of chance than of a structured approach. Systematically comparing offers gives you a clear idea of the market and the prices charged for your profile. By choosing a formula adapted to your vehicle and your use, you avoid paying for unnecessary warranties. By activating various optimization levers, this strategy is completed. These simple reflexes allow you to achieve significant savings without compromising your protection on the road or your peace of mind on a daily basis.