To determine the amount of premium the insurance company pulls zoom in general the following factors. Statistical studies have shown that different regions have different claims experiences. A vehicle that is driven for example in an area with heavy traffic and high crime situation, the insurer is a higher than average risk, the corresponding effect on the premium amount.
Type class: Statistics have shown that the type of vehicle affects the expected risk. Thus, certain vehicle models are more often involved in accidents, stolen more frequently in case of damage or cause higher costs than others are. The classification of vehicles into appropriate type classes is reflected for premium the insurer. Who wants to save money on the insurance should pay attention before buying a car on the type classification.
Even the profession of car holder has statistically a certain influence on the probability of damage. There are four different groups of tariffs, under which calculates the contribution rate in the motor insurance segment. What is the impact of occupations in the insurance application on the premium to be paid will remain hidden to the policyholder generally.
The biggest influence on the amount of the premium is the so-called no-claims bonus. A policyholder who has proven over many years of accident-free driving experience his driving skills provides the insurer is a significantly lower risk than a novice is. In conclusion, the long-standing claim-free drivers is classified in a more favourable claims category.
The system of claims category also allows the insurer, the premium amount each year the number of claims of the customer. The classification in the claims classes depends on the number of claim-free calendar years. Most insurers differentiate the premium from 0 to 25 years.
The number of loss-free years are then assigned contribution rates. These vary typically between 230 percent of the claims category 0 (novice) and 30 percent in the claims category 25 (with 25 or more calendar years no claims).
The automobile liability insurance is necessary for every car owner. Only those who have a liability insurance policy for his vehicle receives a license from the competent authority. The core services are all offered on the market car insurance largely are identical.
Differences in insurance coverage is more in detail. For example, some insurers offer the so-called Mallorca-Police its customers and insurance cover for driving a rental car abroad; others extend the group of insured persons. In general, who is caused his vehicle in an accident and thus he harms third parties, turns to his automobile liability insurer.
This compensated for the damage of the accident victim.In addition, the motor vehicle liability insurance but also provides a passive protection. A passive protection is necessary; if a third party against the insured is unjustified claims. The insurer will in such cases defines which of these claims can be charged to it. The automobile liability insurance provides coverage only if the damage arises in using the vehicle. In motor liability, insurance is limited insurance coverage not only to the policyholder. In addition, the holder, the driver, the owner and the employer (for business trips) is granted coverage.
Contract in the automobile liability insurance
It is free in insurance the insurer whether to accept the request of a customer or not. This principle is not applicable to the motor vehicle liability insurance. As the holder of a car is obliged to take out third party liability insurance, in reverse and the insurer has a duty to accept an application for motor vehicle liability insurance in the minimum coverage. An exemption from the obligation to contract is, however, for example, if the applicant was already insured with the relevant insurance company and the insurance company had a right to terminate the contract prematurely.
Premium calculation in the motor vehicle liability insurance
The amount of premium that a vehicle owner has to pay to the insurer depends on many different factors. In addition to the type of vehicle, the city and the damage discount many other rating factors used in the calculation for the course.
Arе gооd writing skills rеquirеd оf insurancе prоfеssiоnals? That is an intеrеsting quеstiоn. If gооd writing skills arе nоt rеquirеd оf mоst insurancе prоfеssiоnals, thеy shоuld bе. As an insurancе prоfеssiоnal, yоu havе nоt just sеt up a stand оn thе cоrnеr оf thе blоck. Yоu arе nоt just calling оut tо passеrs-by tо purchasе yоur insurancе pоliciеs. Truе, yоu arе sеlling a prоduct, but thе prоduct yоu arе sеlling cоmеs with a lоt оf “thе writtеn wоrd” – еspеcially bеfоrе thе sеll is madе.
Hоw dо insurancе prоfеssiоnals gеt thе wоrd оut abоut thеir prоducts? Wеb sitеs, billbоards, advеrtisеmеnts in nеwspapеrs and phоnе bооks – thе list cоuld gо оn and оn. Еach оf thеsе fоrms оf advеrtisеmеnt rеquirеs sоmе kind оf writing. Yоur insurancе cоmpany’s Wеb sitе and brоchurеs includе thе mоst writing. Yоur gоal is tо sеll insurancе pоliciеs, but yоu alsо want tо makе surе yоu clеarly еxplain thе diffеrеnt kinds оf insurancе pоliciеs tо yоur pоtеntial custоmеrs in tеrms thеy can undеrstand. Thе wоrld is yоur audiеncе – yоur pоtеntial cliеnts – sо yоur writing has tо bе undеrstооd by еvеryоnе.
Еvеn if yоur advеrtisеmеnt simply includеs thе namе оf yоur insurancе cоmpany, yоur namе and cоntact infоrmatiоn, and a catchy phrasе – as mоst billbоard, nеwspapеr, and phоnе bооk advеrtisеmеnts dо – dоn’t yоu want that catchy phrasе tо bе wеll-writtеn? If yоu havе gооd writing skills, yоu will bе ablе tо kееp it simplе and makе it pack a punch at thе samе timе.
If yоu arе an insurancе prоfеssiоnal whоsе jоb rеquirеmеnts includе writing – any kind, any lеngth – and yоur writing skills arе nоt quitе up tо par, yоu may want tо cоnsidеr taking a writing cоursе. Writing cоursеs arе оffеrеd оnlinе оr at a lоcal cоllеgе. Оr, yоu may want tо gеt yоur writing dоwn оn papеr first, thеn havе sоmеоnе whо is skillеd at writing takе a lооk at it and оffеr suggеstiоns оr makе cоrrеctiоns.
The question whether partial coverage or comprehensive answer cannot in general. In principle, the extent of insurance coverage in a reasonable relation to stand age and value of the vehicle. The advice of many experts, from a vehicle age of four to convert the fully comprehensive insurance to part true, so only partially. It is true that the cost of a partial coverage compared to the Comprehensive decrease in general.
What is covered?
Both the partial cover and the Comprehensive replace damage to your own vehicle. The partial coverage regulates damage caused by fire, explosion, theft, glass breakage, short circuit and force majeure. Comprehensive insurance is in addition to the protection of damage caused by vandalism, hit and run, or an accident of your own vehicle. The premium is calculated based on certain characteristics – such as the city, the type of vehicle and the claims category.
The retention time in the Comprehensive worth
Nevertheless, there are exceptions. Those who remained for many years without harm should consider remaining in the extra insurance. The reason is that the Comprehensive is the premium calculation is based on the claims category, but in the partial coverage for fixed contribution rates. With each accident-free year therefore reduces the fully comprehensive premium. Did you “know” already a favourable claims category; the insurance premium is the most comprehensive cover only marginally higher than in the partial coverage, with an increase in benefits. Under certain circumstances, a Comprehensive be even cheaper. Namely, when a high-claims bonus is present and the type of class of vehicle in full and partial coverage, it is differs dramatically.A comprehensive insurance is also useful if the insured vehicle after four years still has a high value. The car has a few years under its belt, the protection is
sufficient in the partial coverage.
Comprehensive or partial coverage of new car financing?
Who is financing a new car should be complete in any case, a comprehensive insurance. Because banks also want to protect themselves financially, in the conclusion of a Comprehensive Financing is often obligatory. Because there is an accident of having a total loss, you may pay for years for a vehicle that has already been scrapped. A Comprehensive usually reimbursed the replacement value.
This can also be a problem when between new and replacement value is a large gap. New car owners should therefore independent of a vehicle financing include a new value compensation in the extra insurance.