To insure your vehicle, several options are available to you: between third-party coverage , intermediate (or extended third-party) coverage or all-risk coverage , the choice is not always easy.
How to choose your auto insurance formula according to your driver profile and your car? What are the car guarantees for each type of contract? Hyperassur experts guide you step by step.
What are the three car insurance formulas?
Third-party insurance : also called civil liability guarantee (RC), this is the minimum compulsory contract if you own a vehicle. In the event of an at-fault accident, the third parties involved in the accident as well as the passengers of the insured car are protected. On the other hand, the driver and his vehicle are not.
Third party plus formula: also known as extended third party , this intermediate contract also includes compulsory civil liability cover but it also covers you in the event of theft of the vehicle, broken glass, if your car is burned or suffers material damage following a natural event.
All-risk insurance : this is the most complete formula, which provides very broad coverage in the event of a claim. It offers protection to the driver and his car (whether he is responsible or not) against all the damage they may suffer.
In addition to this common base of guarantees, the insured has the possibility of taking out optional guarantees in order to benefit from more extensive coverage: collision damage guarantee , theft of personal effects guarantee, car equipment guarantee , etc.
How to choose the best car cover?
To choose the best car insurance formula and benefit from appropriate protection, you must first take stock of your needs, your driver profile and your car.
Moreover, if you are terminated, impaired or even a young driver, then you present a significant risk of loss for conventional insurance companies. You will therefore pay more for your car insurance premium. In this case, we recommend that you compare the contracts on the market and possibly turn to specialized insurance for your profile.
If you have an old car with little value or your vehicle is parked in a box or garage most of the time, you do not need to take out all the guarantees. On the other hand, if your car has a certain value and/or that you drive it daily , a contract with a wide range of guarantees will be more suitable. The idea is to find the right compromise between the protection provided and the price you pay.
Looking for the best auto cover?
You have insured your car against all risks for several years, but the value of your vehicle has fallen sharply. However, the interest of taking out all-risk car insurance depends directly on the value of your car because if the coast of your vehicle is low, the insurance premium will remain high.
Some insurers will tell you that from the age of 8 , it is no longer useful to insure yourself against all risks because at this age, the value of your vehicle has significantly decreased. A third-party (or extended third-party) insurance is then sufficient.
It is also possible to take out specific car insurance formulas for certain uses. In reality, these are more options that are added to the basic contract.
Car insurance per kilometer allows you to insure yourself according to the number of kilometers traveled each year, without the guarantees of your basic contract changing.
When taking out your contract, you choose an annual mileage package that you agree not to exceed. A check can be carried out once per and sometimes in the event of a claim.
If you do not respect this package, then your insurer can make you pay a fixed penalty determined according to the number of kilometers in excess. In the opposite case, that is to say if you do not reach the limit of your package, some insurance companies will reimburse you for the overpayment.