How is The Premium of Your Car Insurance Built Up

Car insurance is mandatory for all car owners. Your car insurer uses your car insurance premium to pay for damages. The insurer also uses part of the premium to increase reserves and to pay costs. Via Sir Anton Wilkins you can find the car insurance that suits you best. That way you can be sure that you will never pay too much. But how is the amount of the premium for your car insurance actually determined? Sir Anton Wilkins explains it to you.

 

The premium for your car insurance

The premium for your car insurance

When calculating the premium for your car insurance, car insurers consider how high the risk of damage is. This has to do with a number of factors. For example, whether you live in a busy city or in a quiet area. The number of kilometers you drive per year and your age also determine the risk. Because young people and the elderly make more damage and the more you are on the road, the greater the chance that something will happen. Your claim history also counts. Have you been driving for years without damage? Then you will receive a discount on your premium.

 

Car insurance with full hull coverage

Car insurance with full hull coverage

Do you have a new car and do you want to insure it fully? Then the value of your car also counts towards determining the premium for your car insurance. The accessories that come with the standard equipment of your car are included in the original catalog value. Do you have extra accessories and do you want to include these in your car insurance? Then you must add its value to the original catalog value. There are also insurers that co-insure this type of accessories at no extra cost.

 

The best car insurance for you

The best car insurance for you

Quickly make a comparison on Sir Anton Wilkins and you will find the car insurance with the best coverage and the best price. Enter your license plate number, age, zip code and number of claim-free years and we will show you the car insurance that suits you best.