Casco insurance with a deductible: what is it, what are the pros and cons? What are the pros and cons of Casco insurance? Casco pros and cons.

If you want to insure your car against a huge number of various misfortunes, you should buy a CASCO policy. The insurance company "Amanat" offers to issue it for a period of 3 to 12 months.

Some consider such car insurance to be reasonable from different points of view, while others - a senseless waste of personal funds.

In fact, this type of insurance has a certain set of pros and cons.

Positive aspects of CASCO

CASCO is voluntary insurance. The driver does not have an obligation to purchase it as soon as possible. However, you should not completely abandon it.

CASCO insurance has the following set of positive qualities:

• a wide list of cases of payment of compensation. Among them, theft, destructive actions of third parties, complete or partial destruction of the car as a result of natural disasters and not only. You can specify the insured events yourself and pay a little extra for their presence in the policy;
• no hidden conditions. CASCO has been offered on the market for a long time. The contract contains all the terms of cooperation. This avoids the unpleasant consequences resulting from "latent conditions";
• different time frames of the policy. The minimum package validity period is 3 months. It can also be purchased for 6 or 12 months. The longer the validity period, the higher the discount;
• fast payments of monetary compensation. If the fact of occurrence of the insured event is proven, then the owner receives the amount due to him. The transfer is made to the current account. It is possible to restore the vehicle in the company's service. This will be in place if the person plans to continue to operate the car;
• a number of additional bonuses. For example, you can automatically get a life or property insurance policy at no cost. Regular customers can count on big discounts.

Cons of comprehensive insurance

Comprehensive car insurance after getting acquainted with its positive aspects has become much more attractive. But, do not forget that in addition to the advantages, there are also disadvantages. The first is the high cost of the package. On average, it costs about 5% of the price of the car for a year.

The second drawback is the difficulty in obtaining monetary compensation. We'll have to prove that the unforeseen situation took place.

You will need a document from the state automobile inspection, and preferably a video of what happened. Be ready to provide the machine for inspection by a company specialist. Do not repair it until payment is received in full.

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Many car owners are captivated by the courteous treatment of employees of insurance companies, who will describe in all details to a potential client the advantages of insurance and the disadvantages of not having it.
In 2005, the top five most stolen cars in Russia included Porsche Cayenne, Honda Accord, Toyota Avensis, Toyota RAV4 and Mitsubishi Outlander. For 1,000 cars of the same brands, 182, 114, 68, 59 and 55 vehicles were stolen, respectively.
Car owners are taught that the main task of insurance companies is to take care of their well-being and preservation of funds in the event of an accident. Many of them sometimes forget that an insurance company is, first of all, a commercial organization, the purpose of which is first of all to make a profit, and then to take care of customers. Almost all the money collected from insurers is the organization's net profit, and payments in the event of an insured event are costs.
It is unprofitable for insurance companies to pay out insurance often, so contracts often contain clauses on when the company is not obliged to pay benefits. As a rule, employees of the organization do not focus the client's attention on this, talking only about the favorable aspects of insurance. The car owner learns about such pitfalls immediately after the company refuses to pay insurance compensation.
To avoid this, you must carefully read the insurance contract and, if possible, more than once. All unclear points should be immediately clarified with the manager. Only after careful study can you sign something.
In addition, CASCO is not a compulsory type of insurance, unlike OSAGO. There are no rules and tariffs regulated by the state, all insurance conditions are established by the insurer itself. As a result, insurance conditions for different companies may differ significantly.
To protect your car from theft, you need to install additional protective equipment on it. These include a feedback alarm, a technoblock, a satellite anti-theft system, etc.
Many insurance companies deliberately create a lot of additional conditions, while there may be 2-3 insured events, and more than 10 cases, upon the occurrence of which the company is not obliged to pay compensation.
Many managers also act on the principle of "understatement is not a deception", deliberately hushing up important information that is not beneficial to them. At the same time, talking only about the positive aspects of insurance, they attract more and more gullible customers.
For example, if an insurance company has several discounts, a professional manager will never tell a potential client about all of them at once. Seeing the uncertainty or disinterest of the motorist, he will gradually talk about them to the client one by one. As soon as the car owner is interested in this insurance
company, the conversation about discounts will stop immediately. Thus, the client may never know about some of them. The insurance manager benefits from this state of affairs, because the more insurance premiums he collects, the higher the bonus part of his salary will be.
Many clients are “bought” by advertisements of large insurance companies, which practically never leave TV screens. An experienced person knows that a highly advertised product or service is not necessarily the best or most profitable.
The low interest rate of insurance should also immediately alert the car owner. The average rate for CASCO is 7-12% per annum. Some companies offer car insurance for 5-6% per annum. Naturally, this attracts new clients to them. The catch may be that the low interest rate is valid only at a certain time, for example, for a discount period (2-3 months). Also, the low interest rate can only apply to certain models or brands of cars, and all others will pass at standard rates (7-12%) or even higher.
The cost of a CASCO insurance policy in different insurance companies can differ by more than 2 times.
Many companies, due to the low annual interest rate, require the car owner to install an expensive satellite anti-theft system on the car, which in itself is a reliable means of car security or a way to quickly detect it in the event of a theft.
Many car owners believe that it is more profitable to contact insurance brokers than directly to insurance companies. Supposedly brokers have no reason to hide the pros and cons of insurance policies of various companies.
An insurance broker is a company that offers the client to independently choose which insurance company policy is more suitable for him, as well as providing consulting services on choosing the best insurance option for the client.
As a rule, the profit of an insurance broker consists in discounts provided to him by insurance companies, the policies of which he offers to clients. It is more profitable for a broker to make money on the number of policies sold. At the same time, the insurance broker is not responsible for the concluded contracts, as it is only a distributor. Thus, the car owner, having won money at first, may then regret the supposedly profitable deal.
The car owner must always have with him, in addition to the rights and documents for the car, also the original insurance policy. In his absence, the traffic police inspector has the right to impose a fine on the driver in the amount of 5 to 8 minimum wages.
In addition, you cannot vouch for the decency of a particular broker. The insurance policy can be simply stolen or incorrectly drawn up. It will be useful to call the customer service department of this insurance company before signing the contract and make sure that the policy with such and such a number really exists and has not been stolen. In addition, it is imperative to require the broker to provide the appropriate power of attorney.
The contract may contain a clause that the insurance company is obliged to indemnify for damage only for one insured event per year. The car owner will pay for the rest on his own.
If the contract contains such an insured event as theft, it is necessary to clarify that
it is the company that means by this term. For example, if a car owner was attacked on the street and the car was taken away, it will not be a hijacking, but a robbery or theft.
Many companies refuse insurance payments if at the time of the accident the deadlines for the technical inspection were overdue.
Some agreements contain a condition of mandatory overnight storage of a car in a paid parking lot. Few of the drivers know that they mean that the parking lot should not only be paid, but also have the legal status of a guarded parking lot.
Once again, I would like to note that it is necessary to carefully read the entire agreement from beginning to end, without missing a single paragraph and annex. Very often, it is in the application that the most important information for the client is contained. You should also clarify whether the following services are included in the insurance payment:? evacuation of a car in case of an accident; ? departure of the emergency commissioner to the accident scene; ? drawing up a statement (about an accident) at the scene of an accident; ? obtaining certificates and collecting documents from the traffic police; ? Car inspection at the accident site.
If such services are not included in the cost of insurance, the car owner will have to pay for them on their own.

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Every car owner, at least once in his life, thought about protecting his property. One of the most effective ways of protection is car insurance under CASCO. In this article I will try to reflect the pros and cons of CASCO insurance, as well as give some tips that may be useful to you.

CASCO car insurance, is it necessary or not?

For many of us, CASCO insurance is associated with high spending, and this is true. After all, a full set of risks with a minimum of exceptions can cost a pretty penny, especially if you are a young and inexperienced driver. To make a decision, we need to write down the pros and cons that we will receive from insurance.

So, having decided on the advantages and disadvantages of CASCO, we turn to the question of how to make the right choice of an insurance company, to which we have to entrust our peace of mind?

In the insurance market, there is now a huge number of insurance companies that provide their services for CASCO insurance. And it would seem to make the right choice, like finding a needle in a haystack, but I can assure you that it is not.

Criteria for choosing an insurance company

Reliability of the insurance company

Here I would pay attention to such factors as: the age of the company, reviews of the work, whether it is included in the top 30 insurance companies in terms of CASCO fees, etc.

Top 30 CASCO insurance companies in 2012

Convenience, speed and quality of settlement

I put this factor in second place, since this is actually what we pay for. It is important to find out what will happen in the event of an insured event. Will the emergency commissioner come, will he help to collect certificates, will they provide a tow truck, if necessary, at which service will the repairs take place, where can a loss be declared.

As for the service, I would like to give advice, if, for example, you are used to being repaired at a certain station, then ask the station what insurance companies they work with, and if there are any problems with interaction. This can significantly save your time and nerves in the future.

Car insurance cost

After you have decided on 3-5 companies, you can finally move on to calculating the policy. If you have previously done points 1 and 2, then there is a high probability that you have chosen companies that pay in good faith on loss. Now we have one more step to understand, for what exactly we are paying the amount announced to us.

For example, in one company they call you 50,000 rubles, and in another 53,000 rubles. It is worth asking the manager about insurance coverage and additional options that you receive.

Here's an example of what may differ:

• Insurance coverage (list of insurance risks)
• Availability of payments without certificates
• Availability of collection of documents in the traffic police
• Extending coverage to other countries
• Additional options

Move on. Having finally received the calculations, we will see a roughly similar picture that all decent companies keep prices in approximately the same range. If this is not the case, then it is worth asking the manager again, why? The fact is that all companies keep statistics on payments, down to the smallest details, for example, a man from 30 to 36 years old on a BMW 3 model of 2008, beats with a frequency of 87% and an average payment of 47,000 rubles (fictitious numbers!). Statistics is a stubborn thing, you cannot argue with it, and therefore it is difficult to imagine an adequate company that, knowing these figures, will work at a loss, lowering tariffs below its competitors. But what to do if the received figures do not suit you and you would like to pay less for car insurance?

1. Discount from the manager, I think you can always talk with the manager about providing a small discount, 5% is given quite often, and sometimes more
2. Ask managers about the availability of special programs for your car
3. If you are confident in your driving skills, I recommend that you consider CASCO with. Insurance deductible is a fixed amount, up to which the risk lies with the policyholder.

What is a Franchise?

There was a loss of 50,000 rubles, you have a deductible of 10,000 rubles. The insurance company will cover only 40,000 rubles, 10,000 will have to be paid independently. I insure myself with a deductible, and I save a lot on annual insurance.

I also want to note that if there is an established culprit, you can get a franchise from him, for example, for OSAGO.

1. Additional options in the contract. Remember that extra options usually cost extra money. Do not overpay for something you could do without.
2. Choosing a station for repair. The most expensive choice in the contract will be the station of the policyholder's choice, the repair at the dealer will cost a little cheaper, then the repair at the non-dealer station follows, and the cheapest option is the calculation payment.
3. Payment in installments, can also increase the cost of the policy
4. Break-even insurance history with another company. When providing a certificate of no payments, you can safely ask for a discount from your new insurer.

If, after following all the recommendations, the announced price is still quite high, it makes sense to pay attention to cut-down products. Most often you can hear them under the name MINI-CASCO. This product differs from CASCO in the list of covered events. It is significantly lower. For example: HIDDEN only and damage caused by natural disasters and fire.

I hope this article helped you to slightly open the veil of secrecy, and you can easily choose the conditions of insurance for your car.

Today it is difficult to imagine the roads of our country without a constant flow of cars, each of which, according to the existing legislation, must be in good technical condition and be insured.

But in order to save money on car insurance, most often, drivers choose a Casco policy with a franchise. What it is, the pros and cons of such a design, advice from experienced lawyers and an analysis of the nuances - all this awaits you below in the article.

So, it is customary to call a deductible one of the types of insurance that exempts the driver from paying a certain amount to the insurer. At the same time, the actual amount of this amount is determined by the insurance company and the owner of the vehicle at the time of drawing up the contract.

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The amount of such a discount can be fixed or constitute a certain percentage of the total cost of Casco. As a condition for obtaining a discount, the driver undertakes to independently pay a certain part of the money from the total amount of possible damage.

However, there is a positive side to all this. Indeed, in addition to saving a fairly large amount, the driver saves a lot of time. If the actual amount of insurance payments is minimal, he will not need to come to the office of the insurance company and spend half a day on paperwork.

Pros and cons of design

The Casco franchise has a lot of interesting features and differs from traditional insurance programs. All these nuances must be studied and taken into account by the vehicle owner when drawing up a contract with an insurer. After all, many of them are "pitfalls" that can fray your nerves in the future.

In order to decide whether it is worth taking out this type of insurance, let's consider all its disadvantages and positive aspects.

pros

Among the main advantages of Casco with a franchise, lawyers, most often, highlight the following:

• The right to insure your own car against theft. Today, some insurance companies include in the Casco package with a franchise we are considering (what it is and how to arrange it in your region, you can ask on the hotline of one of the insurance companies) such an opportunity.
• Saving time. In the event that the amount of damage incurred in an accident is relatively small, the vehicle owner will not have to contact the insurer to settle the necessary legal formalities. Thus, the driver will be able to resolve all these issues right at the scene of the accident.
• The situation can be even more advantageous if the driver has extensive experience in driving and has not been involved in an accident. In 2018, based on this, many insurance companies provide their clients with various bonuses and lucrative programs. For example, a Casco with a franchise can cost you 20% less if your driving experience without an accident is four years.
• Possibility of savings on car insurance up to 50-60% per year, which in monetary terms is up to 20,000 rubles. At the same time, the amount of savings also depends on the brand of the car, the driver's accident-free experience, the year of manufacture of the car and a host of other important parameters.

Thus, if the owner of the vehicle has a lot of driving experience, during which he did not get into an accident, his position becomes much more profitable than other drivers who are insured in the same company!

It should be noted that by providing such discounts and favorable insurance terms, companies have their own benefit. For example, when a client gets into an accident, part of the costs are borne by the driver, which significantly reduces the amount of monetary compensation that he will receive from the insurance company itself.

Minuses

If you would have been told about all the above positive aspects in the UK, then they could have been silent about the disadvantages of Casco with a franchise. And these include:

• In case of various minor accidents, all the costs of resolving legal issues and car repairs are the responsibility of the client. Moreover, this minus is a medal with two sides. And the accident rate is a positive factor here. Having accumulated trouble-free experience over time, you can significantly save on such insurance.
• Quite a high cost of vehicle insurance for drivers with little driving experience.

Having considered all the pros and cons of Casco with a franchise, we can conclude that this type of policy is optimal for drivers who are ready to shoulder the cost of paying for minor damages in order to ultimately save on car insurance.

The main nuances of insurance for a franchise

Analyzing the principle of operation of this type of vehicle insurance, it is worth noting that by choosing Casco with a franchise, we can save several hours when we get into minor accidents, which are characterized by a relatively small amount of damage incurred.

Car insurance for a franchise obliges the vehicle owner to pay a certain part of the amount in any case in case of an accident. Only on this basis the client will receive discounts and other favorable conditions for car insurance.

It is worth noting that in the case of a motor vehicle Casco insurance with a deductible in the event of an accident, neither the insurance company nor the driver himself receive benefits if the car received minimal damage. Also, you need to take into account the following nuance: the actual amount of the insurance discount that the client of the company receives at the time of the conclusion of the contract. If this benefit is small, then lawyers recommend using the standard offer.

Types of Casco policies with a franchise

So, Casco with a franchise, the pros and cons of which we are considering today, are of the following types:

• temporary;
• unconditional;
• dynamic;
• conditional.

Moreover, each of the listed varieties of this type of car insurance has its own characteristics and nuances. Therefore, in order to correctly choose the best option on the market, it is worthwhile to dwell on each of them in more detail. Let's start with the last one.

When a specialist of an insurance company offers to issue a Casco with a franchise, not every driver knows what it is and whether it is worth trusting the insurer in this case. This type of transaction assumes that the IC offers its client to take advantage of receiving a discount of a fixed amount.

Thus, if as a result of an accident the amount of damage caused is less than the discount allocated to the driver, then he will be obliged to pay for the repair work on his own. But if the actual amount of damage is more than this threshold, the insurer will be obliged to pay compensation.

Today this type of insurance with a deductible is considered one of the most underestimated in our country. The thing is that insurers working in the Russian Federation are very reluctant to issue such a policy, thereby expressing distrust of drivers who are trying in every possible way to increase the amount of damage to road accidents in order to receive compensation from the insurance company.

However, all the same, conditional insurance for a deductible from this does not cease to be the most profitable for drivers. Indeed, in comparison with other types of insurance for a deductible, it involves large payments in the event of an insured event.

For example, the discount for a franchise is 10,000 rubles. In the event of an accident, the car receives damage for 9,800 rubles and the driver pays for the repairs himself. But when assessing the damage at least 100 rubles above this threshold, he receives compensation in the maximum amount!

Unconditional insurance

Unlike the above-described type of conditional insurance, in this case the amount of the discount is deducted from the actual amount of the damage received when the contract is drawn up. As a result, a certain amount for repairs is paid by the driver himself, and the rest of the money is paid by the insurance company. This type of car insurance is considered the most popular in 2018. After all, it is beneficial for both insurers and drivers.

At the same time, the amount of the discount received when registering Casco with a franchise can be calculated as an interest rate or be fixed. In the first case the maximum discount threshold is 25% of the total damage incurred... For example, if under the contract the amount of the franchise is 15%, and the total cost is 10,000 rubles, then the driver will be obliged to pay only 1,000 rubles.

And with the growth of accident-free experience, the benefits for the driver will only increase.

Dynamic insurance

The essence of this type of car insurance for a franchise is that the actual damage that the driver receives as a result of the insurance situation is completely covered by the insurance company. At the same time, for all subsequent accidents, the insured pays a fixed amount, and the driver pays the rest for repairs.

As a big plus of this type of insurance policy, the insurer does not change the rate for the deductible if the accident occurred through no fault of the driver. In the event that the culprit of the insurance situation disappears before the arrival of the traffic police, the insurance company is obliged to pay all the damage on its own.

In case of registration of this franchise, the insurer is obliged to pay monetary compensation in the event of an accident only if the emergency situation occurred during the period specified in the terms of the contract.

For example, this type of policy can be issued exclusively on weekdays. Thus, in the event of an accident that happened on Saturday or Sunday, the driver will pay for the repair work.

How is the discount for Casco with a franchise calculated?

So, what kind of discounts and benefits can you expect when registering a Casco with a franchise and can you calculate them yourself before visiting an insurance company? In order to get the exact size use the following formula:

Size = hours spent * salary / 160

As you can see, from this formula, we can conclude that the most profitable policy design is a policy, the amount of the franchise of which will be calculated using in the calculation of the hours that the owner of the car needs to register the accident, as well as receive financial compensation.

Practical examples of using insurance with a deductible

In order to explain in more detail what the Casco franchise really is, we suggest you consider its practical significance. Let's imagine a situation in which a car is insured for a million rubles, while the discount was 60,000 rubles. In the event of an accident, the driver will be obliged to pay 50,000 rubles. However, it should be understood that the higher the discount threshold for the vehicle owner, the more he can receive compensation.

Thus, in this case, everything depends on the calculation of the discount: whether it was fixed, calculated as a percentage of the amount of losses incurred, etc.

Why is it profitable for drivers to issue a policy for a franchise

Many competing companies have emerged on the new car insurance market today. This means that thanks to the race of offers and conditions, it has become much easier for us to find a reliable insurer offering an excellent insurance program.

Of course, car insurance for a franchise is a very profitable solution for drivers, because such insurance saves time and money. However, the driver himself must understand that the franchise can be beneficial only in the case of careful and correct driving of the vehicle. It is better for all "racers" and "reckless drivers" to opt for another type of car insurance.

That is why, when deciding the question of what is the point for me to issue a franchise, the following factors must be taken into account:

• Will you be able to restore the car after an accident by your own means?
• Assess your financial capabilities. In most cases, in case of minor accidents, it is much easier for the driver to carry out repair work from his own funds. At the same time, you can decide for yourself when exactly to do the repair.

If you are not confused by these nuances - feel free to take the documents and go to the chosen insurance company, issue a Casco with a franchise there and enjoy the obvious advantages of this type of car insurance.

You can find out even more information about the positive and negative aspects of this insurance from the video we selected:

Outcome

Having considered how Casco works with a franchise, its pros and cons, the relevance and nuances of insurance, it is worth noting that in some cases this type is the best option! For the most part, this is for more experienced drivers who can be confident in their own driving skills.

On the other hand, probably every motorist, knowing that in the event of an accident he will have to pay for the full repair work, will not break the rules again. If you have any questions, ask our lawyers and users in the comments. See you on the pages of the site ""!

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CASCO is a type of voluntary car accident insurance. By taking out insurance, the car owner is entitled to compensation in case of damage to the vehicle due to an accident or the actions of third parties.

The cost of the policy is determined by various factors, among which the franchise takes a special place. What it is and how this function affects the cost of insurance will be discussed later in the article.

Deductible is a part of the amount of money that will be deducted from the compensation payment upon the occurrence of an insured event. Thus, if the vehicle has received minor damage, then the owner of the car makes repairs at his own expense, but at the same time receives a discount for hull insurance.

The purpose of the franchise is documented when drawing up an insurance contract by mutual agreement of the insurance company and the owner of the car. The size must be indicated in the insurance policy.

Exists two options for issuing a policy for car insurance:

Anyway, the deductible is beneficial for both the policyholder and the insurer... Insurance companies incur lower losses for minor damages, and policyholders pay less for the insurance policy.

Advantages and disadvantages

A franchise is a lucrative offer for both parties. With its help, you can save on payments, and car owners get the opportunity not to overpay extra money for an insurance policy. This insurance condition has a number of advantages.:

• reduces the cost of the policy, the higher the amount of the franchise is assigned in the contract, the cheaper it will be to pay for the policy;
• there is no need to contact the insurance company for minor damage to the car, since compensation in this case is not provided, this fact saves time both for car owners and insurance agents who do not have to deal with small payments;
• the option of protecting the vehicle from theft is provided, for these purposes there is a separate type of CASCO, which allows you to insure the car against theft;
• It is beneficial for insurers to issue a CASCO, since in case of minor damage they will not have to spend time processing documents for payment, which will fluctuate within two to three thousand rubles.

Along with the pros, there are also cons.... Minor damage will not be covered by the insurance company. Repairs will have to be done at your own expense.

For drivers with little experience, the cost of insurance will be high anyway, even with a deductible.

Outcomes

CASCO with a franchise is an advantageous offer. But the benefit will not be relevant for all car owners, but only for those who have a solid driving experience, due to which the risk of an accident will be significantly reduced.

Also, this function is suitable for those who are ready to pay for minor damage caused to the vehicle for one reason or another. In general, this function makes it possible to save on CASCO insurance for a car.