Before insuring your car it is necessary to make an assessment of your driving style: we are careful drivers, who travel a few or many kilometers; are we drivers who cause frequent accidents or are newly licensed? Let’s see which is the most suitable car insurance policy.
It is ever-growing and evolving. The car insurance market goes hand in hand with the needs of its user who finds himself in traffic more than once a day or leaves his car in the parking lot during the hours in which he carries out his work. The routine with which the vehicle is used therefore requires continuous monitoring and a continuous guarantee, no longer limited to the simple car insurance policy that covers damage caused by the driver to third parties, but also the addition of further insurance that reflects the risks of the contemporary world.
Nowadays the only compulsory car insurance is the RCA policy, which is essential for traveling with your vehicle on the road, but to fully protect yourself from the risk of losing the car or other episodes that cause other types of repair damage to the car, on the market car insurance it is also possible to subscribe to other types of policy, in relation to your driving style and the kilometers traveled during the year in which you subscribe the policy, allowing you to significantly reduce the costs of the premium if you use your own little and prudently. Auto: “it will be the black box to say it !” Let’s see together the details of these 5 particular types of car insurance.
FIRST TYPE: TEMPORARY or DAILY CAR INSURANCE
The first type of insurance is temporary insurance, or also known as a time policy, which allows, as the word itself says, to pay the insurance premium, only when using the car. With this form of insurance, it is possible to significantly reduce the cost of the policy which is paid only on the days in which the vehicle is actually used: the policy is subscribed only for the period in which it is needed, such as for a beach holiday, a transfer, for the weekend.
The form of temporary insurance also includes daily insurance which allows you to insure your car even for a single day, based on the rates offered by the insurance company. It is in fact possible to request this form of insurance by going directly to the headquarters of the company which will propose a basic fee to be paid to activate the policy. Later some companies also allow you to call the day before to start the insurance for that single day.
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TO WHOM IT IS CONVENIENT: temporary insurance is the ideal policy solution for the person who uses the car at certain times of the year; for the person who owns two cars, one as a second means of emergency transport, but does not use it all year round, or is a battle transport, in short, secondary. By subscribing to this form of policy it is possible to save significantly by paying the premium for one month, two months, a weekend.
SECOND TYPE: CAR INSURANCE BY KILOMETERS
The second type of car policy is the kilometer car insurance which allows you to pay the premium based on the kilometers traveled with your vehicle, reducing the cost of the premium to the amount due for the kilometers actually traveled on the road. At the time of signing the policy, the user pays a minimum amount and subsequently a sum proportional to the number of kilometers actually traveled during the year in which the insurance stipulation begins, calculate with a satellite radiolocation system that is install on the car.
TO WHOM IT IS CONVENIENT: kilometer insurance is the ideal policy solution for those who use their car for short journeys and for a few kilometers a year, allowing you to significantly save on the premium.
THIRD TYPE: CAR INSURANCE WITH BLACK BOX
The third type of auto policy is insurance with black box, which allows you to have a significant reduction in the insurance premium if the user who uses the car is a prudent driver and does not cause accidents. It is a form of insurance that, introduced with the 2012 Liberalization Decree, allows you to install a black box in your car, equipped with a satellite locator, to monitor the driver’s driving style and detect the movements of the vehicle in the moment before the occurrence of the accident and the dynamics of the accident.
TO WHOM IT IS CONVENIENT: insurance with black box is the ideal policy solution for the person with a prudent and careful driving style, and who perhaps travels a few kilometers, therefore with less chance of causing/having an accident. It is also important to remember that this type of car insurance allows you to guarantee roadside assistance in the event of an accident or problems with the car: the insurance company has an interest in controlling the driving of its customer for the application of the rates of the insurance premium from to pour.
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FOURTH TYPE: BONUS / MALUS INSURANCE
The fourth type of car policy is the bonus/malus insurance which is in the highest demand. It allows you to have a reduction in the amount of the premium to pay basing on your behavior on the road and the verification of claims over time. With this form of car policy, at the expiry of each insured year, the person who signs the policy receives a reduction or increase in the cost of the premium based on his driver bonus or malus status.
The bonus/malus insurance consists of 18 classes of merit according to which there are different rates to pay. The 18th class is the most expensive and corresponds to the driver who during the period of time in which he is insure with a particular company cause accidents. In any case, just to better understand, the initial class of merit is 14, to which a basic rate apply, and if no accident is cause, you will withdraw one class; if you cause claims you increase by two classes.
TO WHOM IT IS CONVENIENT: the bonus/malus insurance is the ideal car policy for prudent drivers who do not have a great chance of causing accidents. In this way, we can reduce the cost of the premium that we have to pay.
FIFTH TYPE: KASKO INSURANCE
The fifth type of car policy is the kasko insurance which allows you to protect yourself from any risk on the road by paying a single fee which includes coverage against damage cause to third parties or suffer by third parties, regardless of the driver’s responsibility. In addition, the kasko insurance also allows you to cover damage cause by the driver on his own car.
TO WHOM IT IS CONVENIENT: kasko insurance is the most advantageous car policy solution for the driver who does not have a particular and careful driving style or the owner of a valuable car, as the damage coverage is total and does not exclude any accident caused by oneself or by others. It is also suitable for new license drivers with not that much experience.