In connection with the insurance of the car, probably everyone has heard a question like this from relatives or acquaintances: "What percentage do you drive on??" or "What percentages do you have with the insurance company?"- Not everyone is clear, what it has to do with car insurance percentages exactly. In our new article we go this topic therefore intensively on the reason, supply you answers to frequently asked questions and give valuable Tipps to the percents with the auto-insurance.
What do percentages mean when it comes to car insurance?
The premium, which is charged for the car insurance or. The amount of liability, partial cover and fully comprehensive insurance is primarily determined by the type class to which the car to be insured belongs and by the regional class (district in which the car is registered/registered). This is the so-called basic contribution, which corresponds to 100 percent.
With the motor vehicle liability insurance and with the comprehensive insurance determined then u.a. the no-claims class – abbreviated to SF class – exactly how high the premium will be for the policyholder. No-claims classes result from accident-free years or. Years in which a vehicle was insured but no claim was forwarded to the insurance company for settlement or. any damage that may have occurred was subsequently paid out of pocket in order to maintain the no-claims bonus class. – More on this later under: How to lose percentages in car insurance?
There is a percentage associated with each SF class, and each insurance company has its own scheme or. has its own table for the SF classes, this percentage is also called the premium rate. In SF class 20, this premium rate z.B. are at 20 percent in the motor vehicle liability insurance. This means that from the calculated basic contribution (s.o.) has to pay only 20 percent. So you save 80 percent compared to the regular annual premium. In this context, there is also talk of the no-claims bonus.
Percentages in car insurance reflect how high the annual premium to be paid for motor vehicle liability or comprehensive insurance actually turns out to be – measured against the basic premium determined from the type class and regional class.
Each insurance company has its own list of no-claims classes and percentages, respectively. Contribution rates.
The percentages are often different for motor liability insurance and comprehensive insurance. For the partial cover insurance of the car there are no such percentages, because there are no SF classes here either, which is related to the fact that the damages are like z.B. Glass breakage or deer accidents covered by the partial casco, all outside the responsibility of the insured resp. drivers lie.
novice drivers as well as policyholders with repeated claims (z.B. three claims settled by the insurance company within one insurance year) usually pay more than the basic premium (100%) for car insurance. Here, depending on the insurance provider, there are significant surcharges, so that the actual premium for car insurance can sometimes be 250 percent or even higher.
How to collect percentages in car insurance?
Percentages in auto insurance, as described earlier, are a kind of reward for the policyholder. For each year, where he is accident-free on the road resp. does not have a claim settled by his insurance company, there is an advancement in the SF classes, whereby there are maximum levels. Depending on the insurer, after 28 to 36 claim-free years, one has reached the highest SF class with the lowest premium – the lowest percentages – or even the highest no-claims bonus.
A change in the percentages is not always associated with a promotion to a higher SF class. Depending on the car insurer, there may be identical premium rates for several SF classes resp. Give percentages.
How to lose percentages on car insurance?
Percentages are lost in the car insurance through damage / accidents that were settled by the insurer. After a claim settlement by the insurance company, you are usually downgraded by several SF classes. Each car insurer has its own downgrading table in this context, so that therefore, as well as due to the fact that the percentages are also variable among insurers, no blanket statement can be made as to how many claim-free years or. Percentage lost in each case due to a loss.
What happens to the percentages when changing insurance?
If you change your car insurer, you can take your no-claims class with you. One benefits accordingly further from the already "collected" insurance years without accident or damage.
When changing car insurance, it can be difficult due to the differences between car insurers or. The following can happen in relation to the percentages / premium rates due to the individually differing SF class tables:
- Percentages remain unchanged
- Percentages are higher
- Percentages are lower
Even with higher percentages or. a lower no-claims bonus, the new car insurance can be cheaper than the previous one, if z.B. special other discounts are granted. It is definitely worth doing a free car insurance comparison online to determine if the current car policy with its percentages is the best and cheapest option for coverage.
Transfer car insurance percentages – Is that possible??
A transfer of the percentages in the car insurance itself is not possible. Only the SF class can be transferred, with which percentages are connected then again. However, it must be noted that only as many claim-free years can be transferred or. can be taken over, as one could have achieved itself. A novice driver who has only just obtained his driver's license and therefore cannot yet provide proof of accident-free/damage-free driving himself cannot accordingly assume an SF class and thus also not benefit from percentages.