What is important in the auto insurance contract?

A contract is chosen according to the coverage and therefore the guarantees it offers. Make sure, before taking out a car insurance contract, about the number and nature of the guarantees in order to know your rights of compensation in case of disaster. Once the contract is subscribed, know that you can consult it at any time (some insurers, such as L'olivier, allow you to do it online, via a personalized customer area ). All the provisions are specified in the clauses of the contract!

The different insurance formulas

There are several types of contracts. These formulas offer more or less extensive guarantees:

The minimum guarantee required by the law is the insurance liability also called third party insurance. It covers, in particular, the bodily injury and material damage caused to a third party during a disaster.

The All Risks Insurance is a more comprehensive auto insurance package that offers you a wide range of cover for all types of claims.

There are also intermediate formulas halfway between the one-third formula and all risks. For the motorists, these formulas represent a good compromise.

What criteria must be taken into account when choosing an auto insurance?

So how to choose? The first thing to do is to clearly define your needs. It is important to determine the value of your car. For that, several criteria can be taken into account as the age, its mileage or its value on the market (Cote Argus). Naturally, the value of a new car will be greater than that of an old car, more than 10 years old with more than 250,000 kilometers on the clock.

It is also important to clearly define the use you make of it. We do not do the same thing if we drive every day to work or drive only occasionally. For example, if your car is purring in your garage, the risk of loss is lower; it is, therefore, more interesting for you to ensure the third party.

Are you still hesitating between the two formulas? Read our file Third-party insurance or All-risk insurance: how to choose the right formula?

What prices are charged by insurance?

The calculation of the amount of your car insurance policy, or premium, is based on the number of guarantees desired to insure your car, on the one hand, and on the other hand, a whole bunch of criteria relating to the driver. and which establishes the risk that the driver represents for the insurer (age of the vehicle, the nature of the trips made, number of claims accumulated over the years ...).

You will, therefore, pay more if you are a young driver seeking to ensure all risks than if you are a long-time driver, with a vehicle over 10 years, seeking to ensure the third.