How to choose the conditions for CASCO correctly

General information

CASCO is one of the car insurance options. Unlike MTPL, such a policy is issued voluntarily. The law does not oblige you to purchase additional insurance, but many drivers prefer to buy cheap CASCO insurance, which is explained by several significant advantages.

The main advantage is that the policy covers the costs of the driver, and not of third parties injured in an accident. In the event of an emergency, the insurance company is obliged to provide the owner of the vehicle with money to compensate for the damage. Moreover, the amount of the amount is agreed upon in advance for each specific case.

The policy protects against the following situations:

• Vehicle theft;
• Damage caused by an accident or fire;
• Natural or man-made disasters;
• Acts of vandalism against a car.

Attention! The full list of cases in which the company provides guarantees of timely compensation for damage depends on a number of factors: the insurance program, the specifics of the car, and the region of residence.

The main disadvantage of the policy is its high cost. Therefore, in order to reduce the cost of additional insurance, you need to figure out how to buy a profitable CASCO insurance.

What could be the catch with cheap CASCO insurance?

Too favorable insurance prices can play a cruel joke. The main risk for an insurer in the Russian Federation is running into an unreliable company. Favorable rates from little-known insurers are a clear indicator that you need to think about it, analyze the offer, and not blindly chase benefits.

Insurance companies operate on the basis of insurance premiums from customers. With this money they support employees, rent premises, and make payments for insurance cases. It is logical that an unreliable insurance company is unlikely to have funds for all its needs if policies are sold below their market value. For some time, the insurer will be able to pay off its obligations, but soon the reimbursements will exceed the premiums. Therefore, you should not expect anything extremely profitable from the domestic market. Sometimes it is better to overpay, but be confident in the insurance, than to become deceived by the policyholder and lose funds.

How to make calculations

Finding out the price of a policy on your own is quite difficult. This is explained by the fact that the cost is formed taking into account numerous criteria. It may differ from company to company, even if they offer exactly the same conditions for insurance.

Factors influencing the price:

• Driving experience;
• Age of the vehicle;
• The presence or absence of fixed traffic violations;
• Specifics of the region (criminogenic situation, climatic conditions, frequency of natural disasters);
• Availability of a franchise;
• Car make and model (affects the frequency of theft);
• Availability of a functioning anti-theft system;
• The amount of basic tariffs for a specific type of damage;
• Purchase method and credit history (for car loans).

There are formulas that allow you to make your own calculations. Using this procedure, you can find out where the cheapest CASCO insurance is. For reliability, most companies use a calculator when determining the cost of a policy, into which all the necessary coefficients are first entered. This allows you to significantly simplify the calculation and eliminate possible errors.

Calculate the cost of CASCO in Moscow

The procedure for calculating the price of auto CASCO:

1. Our experts will prepare CASCO rates from 15 Moscow insurance companies, taking into account your wishes and insurance preferences. We will take into account the required discounts, and also tell you how to reduce the price without compromising payments.
2. You will receive a comparison table by email, which will indicate car insurance rates, the name of the insurer, and the main insurance conditions. Our rates are equal to the rates of the insurance company itself or lower due to our personal agent discount.
3. You select the insurance option you are interested in. We will help you apply for a CASCO policy. Our employees will prepare a policy in advance and provide free delivery throughout Moscow and the region.
4. Your car is insured by a reliable company for the minimum cost of the policy! Our team thanks you for the trust you have placed in us!

How to make insurance cheaper

It is very difficult to purchase CASCO profitably, especially for drivers who have previously faced such a need. Without using different methods, the purchase can be extremely costly. Therefore, you need to determine how to issue a policy on favorable terms.

Franchise

In car insurance, this means a certain amount of money that is not reimbursed to the driver in the event of an accident or other situation provided for by the program. For example, if a car is insured for 1 million rubles, and the franchise amount is 100 thousand, then in the event of an insured event the driver will receive only 900 thousand.

This option allows you to buy CASCO insurance cheaply. The costs associated with purchasing a policy are lower. In this case, the list of insurance cases is the same as when registering without a franchise.

Discounts

Many companies offer offers to sell policies at a profit with bonuses or benefits for drivers. Discount promotions are often held on the occasion of major holidays. In addition, those who constantly use the services of a particular company and have a safe approach to driving can reduce the price of CASCO insurance.

Despite the possibility of receiving a discount, it is important to be careful when purchasing to avoid any pitfalls. Availability of promotions and preferential offers should be checked directly with company representatives.

Selection of service station

When drawing up an agreement, companies often offer a list of service stations and a list of services provided at them. Sometimes this is, of course, very convenient. For example, if a car is involved in an accident, service station employees evacuate the vehicle, complete paperwork, and carry out repair work. However, in some cases such services are not needed. Therefore, if you reduce the service content, leaving only the essentials, you can make the purchase of the policy inexpensive.

Purchase by installments

When considering where to buy CASCO insurance cheaper, most drivers are faced with an offer to purchase on credit. Almost all insurance companies provide this opportunity. However, this does not mean that taking out a policy will be cheap.

Usually the CASCO price is divided into 2 equal parts. But there are other payment methods (for 3, 4 or more payments). Taking into account the bank's commission for providing installment plans, it may end up that the total amount significantly exceeds the initial cost of the policy. Therefore, when choosing this purchase method, you should carefully read the terms and conditions.

Selection of cases

A standard CASCO policy applies to the most common insurance situations.

These include road accidents, car fires, natural disasters, illegal actions to the car by third parties (damage or theft).

Sometimes the policy includes events that have a minimal probability of occurring. Then the driver can exclude them from the list of insurance situations and the cost of insurance will be lower.

Ensuring vehicle safety

If the car is equipped with a modern safety system, and the driver strives to maintain the condition of the car by following traffic rules and careful driving, then the likelihood of receiving a discount when applying for CASCO increases. Minimizing potential risks allows you to reduce policy costs, but this requires a number of conditions to be met.

Among them:

• Constant use of anti-theft systems;
• Storing the vehicle in a personal garage;
• It is allowed to leave your car only in paid guarded parking lots;
• Installation of satellite tracking systems;
• Application of auxiliary alarms.

It is important to know! In addition, you can get a discount on CASCO insurance if the owner has completed a safe driving course. It also takes into account the driver’s experience and the presence of accidents in the past.

Which CASCO policy is the cheapest?

The cost of CASCO is influenced by a large number of parameters. The amount of the insurance premium consists of the base rate and coefficients - increasing and decreasing. The base rate is determined by the insurance company depending on the market value of the car. Usually it is up to 5-6%, less often - up to 15-20%.

The price of the policy is also affected by:

• Age and experience of the driver - the higher, the cheaper the policy
• Region of registration - in large cities, insurance costs on average more than in small cities
• Vehicle type – trucks, buses and special equipment have higher rates
• The number of drivers included in the policy - with an unlimited number, insurance will be more expensive
• The number of covered insurance events - the fewer, the cheaper the policy
• The age of the car - the higher, the more expensive the policy
• Availability of a franchise - insurance, part of the costs of which falls on the driver, is cheaper
• Statistics of car thefts of this brand - the higher, the more expensive the policy

Some insurance companies provide additional discounts to those who are married and have minor children, as well as when concluding a service agreement at a partner service station.

So, to get the cheapest insurance, choose an offer with a limited claims and deductible, and also choose a company that offers a low territorial coefficient. The policy will be cheaper if cars of your brand are rarely stolen, and the number of drivers covered by insurance is limited.

Choosing an economical program

Companies offer different types of CASCO insurance. They differ in terms of insurance and, accordingly, in cost. Choosing a certain type of policy allows you to reduce purchase costs.

CASCO 50 x 50

This program allows you to purchase CASCO insurance at half price. When taking out a policy, the driver pays 50% of the cost. At the same time, the list of cases and others

important features are the same as in standard CASCO.

However, if an insured event occurs, the owner of the vehicle is obliged to pay the remaining 50%. The disadvantage of this type is that not all drivers are given a fifty percent discount.

Mini Casco

This policy offers reduced indemnity limits for accidents and other situations. The owner of the vehicle will receive funds only if he is proven innocent of damaging the car. At the same time, the cost of mini comprehensive insurance is significantly lower than that of standard insurance.

It is important to know! With such a policy, you can insure specific elements of the car, such as the body or glass. This method is considered the most appropriate for accidents with minor damage.

Total

The presented program is intended to compensate for damage in the event that the car, for certain reasons, is damaged so much that it cannot be restored, or its repair is too expensive. The driver is reimbursed up to 80% of the price of the car. The advantage of a total policy is that there are quite a lot of cases in which the vehicle is destroyed. Therefore, insurance companies offer insurance at an affordable price.

What is cheaper: CASCO or OSAGO for a car?

Often, novice car owners wonder what is cheaper than CASCO or OSAGO for a car. It is necessary to understand that it is not entirely correct. These are 2 completely different types of insurance.

OSAGO – insurance of the car owner’s liability in case of harm to other cars or people. This is a mandatory type of insurance. Without a compulsory motor liability insurance policy, driving on Russian roads is prohibited by traffic regulations, and violators face a fine.

CASCO – voluntary insurance. It insures the car of a specific person in case of theft, damage and other situations. The absence of a CASCO policy does not prevent you from driving on the roads of Russia, and for its absence you will not be held administratively liable. But quite often, when receiving a car loan, banks require that the loan car be insured under the CASCO program.

CASCO will always cost more than compulsory motor liability insurance for the following reasons

• Different coverage amounts. Under compulsory motor liability insurance, payments from the insurer do not exceed 400 thousand rubles. for damage caused to property and 500 thousand rubles. – for harm to life or health, and under CASCO, the amount of coverage directly depends on the price of the car and can reach several million.
• Various insurance cases. Payments under OSAGO are provided only in case of an accident, but under CASCO they can also be received in the event of theft, various disasters and other unpleasant incidents.
• Different approaches to price regulation. The cost of MTPL policies is regulated at the state level, and insurance of a new or used car under CASCO is carried out entirely at free market prices.

Which company to buy from?

To find out where CASCO is cheaper, you need to familiarize yourself with a large number of offers from various companies. Often, upon careful study of the conditions, it turns out that taking out a policy is not as profitable as it seems at first glance. To eliminate potential risk, it is recommended to consider the rating of insurance companies.

Large insurance companies where you can obtain CASCO insurance at a profit include the following:

• Tinkof;
• Renaissance Insurance;
• Alpha Insurance;
• Rosgossstrakh;
• RESO;
• Ingosstrakh.

There are also a large number of other insurance companies where you can get CASCO insurance on favorable terms. However, this option is considered less feasible due to the potential risk to drivers.

Taking out an insurance policy is a pressing problem for many car owners. Purchasing CASCO insurance can become an extremely costly procedure if you do not know how to make a profitable purchase. To insure a car on favorable terms, you need to carefully study the services offered, take advantage of promotions and discounts.

Calculate CASCO insurance in 14 insurance companies online. We will help you with your choice.

Calculate the cost of CASCO

Cheap Casco 50/50

CASCO Special program 50 to 50 involves 50% of the payment of the full policy premium. This cannot include deductibles and installments. This type of CASCO is found in many insurance companies: Soglasie, Alfastrakhovaniye, Ingosstrakh, VSK and Rosgosstrakh.

The calculation of the tariff depends on the following parameters: age, length of service, marital status, presence of children. This insurance policy is cheaper and more profitable for experienced drivers with at least 5 years of driving experience and over 25 years of age. The amount of insurance in all companies is different, but the conditions are approximately the same. The bottom line is this: if no insured events occurred during the year, then good, you saved 50% of the cost on CASCO and don’t have to pay anything. If an insured event occurs, then you have a choice: contact the insurance company and extend the policy until the end of the year, paying 50% of the original cost, or repair the car yourself if the amount of damage is less than the premium.

This type of insurance policy may also be suitable for a credit car if you agree on this cheap CASCO insurance with the bank in advance.

Selection of service station

The cost of the policy is also affected by an option called “indemnity system” or “choice of service station”. You can agree in the contract exactly the service you would like to contact in case of an insured event, if you know for sure that in this particular service you will not have any questions about the quality of the repair. But this option will increase the cost of CASCO by a significant amount, from 3 to 5% more expensive, so it will be more profitable to choose the direction of the insurer. To understand where you can be sent for repairs, you can look at the list of dealers with whom the insurance company has an agreement. You can request these listings from your insurance company, including your make and model of vehicle. And you can also use a reimbursement system based on calculation or, in simple words, money. This option will be more expensive and subject to negotiation. Most insurance companies do not have this method of compensation, because... causes a lot of disagreement between the policyholder and the insurer in connection with the calculation of the cost of damage.

So, the cheapest CASCO option is to send the insurance company to a service station. By default, for cars under 3 years old, the insurance company sends them to an official dealer for repairs. Over 3 years for an unofficial dealer.

When buying CASCO at a cheap price, you first need to think: why is it so cheap, study the insurance rules and what risks will be included in the policy. Does the price correspond to the quality and your needs for CASCO insurance?