By taking out car insurance without a deductible, the insured will not have to bear the remaining costs after reimbursement in the event of a claim.
No longer having to pay the deductible is the dream of all motorists. For this, you must take out car insurance without deductible. In this case, the insurer will bear all the costs in the event of a claim. On the other hand, this total coverage generally affects the amount of the insurance premium much higher than for car insurance with deductible.
Car
insurance: what is the deductible?
In terms of insurance, the deductible corresponds to
the part of the compensation that is not reimbursed by the insurer after a
claim. This amount remains the responsibility of the insured. Setting up a
deductible is a means of prevention to encourage motorists to drive carefully.
There are three types of franchises. In the case of a
simple or relative deductible, the insured will not be compensated for costs
lower than the amount of the deductible. If the amount of damage is greater
than the deductible, the insurance company will subtract the deductible. The
mileage deductible evaluates the scope of validity of your guarantee. Finally,
in the case of an absolute deductible, the costs related to the damage are
subtracted by the amount paid by the insurer. The absolute deductible can be
fixed or variable.
Some insurances provide for cases in which the deductible
does not apply. So, remember to read the contract carefully before you commit.
Franchise
is not mandatory
If the subscription of an auto insurance is
obligatory, this is not the case of the deductible. Indeed, insurers are free
to set the deductible amounts they wish for each guarantee. Many insurance
companies offer car insurance without deductible. However, this often affects
the amount of the insurance premium. In this case, we speak of deductible
redemption since the insured has the right not to pay deductible by paying
higher premiums.
As a reminder, the calculation of the premium is based
on several parameters: the criteria linked to the vehicle, the criteria linked
to your personal situation and those linked to the insurer's strategy.
Compare
car insurance without deductible
Taking out car insurance without a deductible requires
an in-depth study of the offers on the market. For this, it may be wise to use
an online comparator. This free and easy-to-use tool will give you a clear idea
of the rates charged by insurers. You then have the possibility of making an
auto insurance simulation online without having to personally canvass each
insurance company, which saves you valuable time and money.
The comparison of car insurance has become essential
given the large number of offers on the market. Do not hesitate any longer,
immediately compare car insurance contracts without deductible to find the one
that suits you.