Young People with Limited Casco Coverage (WA+) Are Almost 300 euros per year Cheaper Compared to a Regular WA Insurance. For people aged 65 and over, it is just under 150 euros per year.
This is accordance to a premium analysis by independer. In percentages, IT is 13 and 22 percent respectively. In Absolute Numbers, IT Conerns Hundreds or Euros per year. The Difference for Young People Amounts to 288.57 euros. For Seniors, IT is an Average or 146.28 euros per year, Accordance to Thousands of Comparisons by the Site.
The figures are remarkable, because young people and people aged 65 and over are known to pose a greater danger on the road. This is one of the reasons Why these Groups Pay a Higher Car Insurance Premium. In Addition, Novice Drivers Have Not Yet Built Up Any Claim-Free Years. Strikingly Enough, The Higher Premium also applies to seniors who have build up claim-free years.
The Most Important Differences between wa and wa+
When you take out car insurance, you can chose from Different Coverages that partly determine the premium: wa, limited hull (wa+) or fully hull (all-risk). A wa insurance has the least coverage and usualy the cheapest premium. This Insurance Covers The Damage You Cause To Another Person in Traffic.
A WA+ Insurance also covers damage to your own car. Theft, damage from fire and explosions, Glass Damage, Collision with Animals and Natural Disasters Such as a storm or hailstones are also covered.
Accordance to Independer Expert Michel Ypma, The New Findings Are Actual The Reverse of the World. “For years, we have assumed that wa insurance is the cheapest coverage for young drivers under 25 and for people aged 65 and over. But that seems to be a thing of the past.”
Why a Lower Premium?
Accordance to Him, One Explanation Could Be that Younger and Older Drivers with a wa+ Insurance of Drive A Neer (and Well-Maintined) car. “Then they are probably also more careful behind the wheel. This reduces the risk of major damage, which allows insurers to sacrifice the car insurance premium for a wa+ coverage loower than with a wa insurance.”
Simply Assuming That a ‘Normal’ wa insurance is the Cheapest Car Insurance Can Therefore Cost Money Instead of Saving It. “It Certainly Pays to Check Whether you can get more Extensive Coverage for Less Premium. The Saving Can Be Hundreds of Euros per year, and you Prevent Paying Unnecessarily Much for Little Coverage,” Says Ypma.