Is there a car insurance without excess?
More and more insurers offer car insurance without excess. This means that if you suffer damage, the insurer will reimburse the full amount of the damage. Of course, this means a higher insurance premium. We explain to you how car insurance without excess works.
Why a car insurance without excess?
When you take out a car insurance policy, you can generally choose how high the excess is. The excess is the part that you have to pay yourself in case of car damage. Most insurers work with a standard excess between €130 and €150. If you choose to take a higher excess, you pay less premium per month. This is a big risk, because you do not know in advance whether you will cause any damage to your car. However, there are also some insurers who do not use an excess at all. The advantage of a car insurance without excess is of course that you do not have to pay anything in case of damage.
In addition, you can sometimes buy off the excess. In that case, the insurer pays the full claim amount and you do not have to pay anything yourself in case of damage. Often the excess can only be bought in case of a car insurance with all-risk coverage. Whether you can buy off the excess can be found in the conditions of the insurer.
Paying more for a car without excess
If you take out car insurance without an excess, you will pay a higher monthly insurance premium. Therefore, you should consider whether the monthly costs outweigh the amount that you save on the excess. If your car insurance has an excess of €150 and you make a claim for €500, your insurer will reimburse you €350. In case of a car insurance without excess, you will get the whole amount of the claim of €500,- reimbursed. However, you pay more premium each month. It is possible that you have already paid the excess of €150,- in the form of extra premium. In that case it is not profitable to take out a car insurance without excess.
If you have built up a high no-claim discount, taking out a car insurance without excess can be attractive. Because you have a high no-claim discount, you already get a substantial discount on the insurance premium. This way you will pay a smaller amount of money every month.
Take out no excess car insurance through Alpina
Getting car insurance without a deductible? Then you can go directly to Alpina.nl. To avoid paying too much for your car insurance it is important that you compare different providers in advance. Here you can read more about the deductible when comparing car insurance.
It may be that after comparing them, you find that you are spending less money with another car insurance company. It may then be worthwhile to switch. When comparing, look not only at the type of cover, but also at the excess and other policy conditions.
Do you have any questions about car insurance with or without excess? Please contact us. We are happy to help you! You can reach us on working days from 08:00 to 18:00 on telephone number 088-6883700.
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