All land motor vehicles must be covered at least by a third party liability insurance. However, companies usually offer more extensive offers for those seeking more or less comprehensive coverage. But what is “all-risk” car insurance?
All-risk insurance: what exactly is it?
Certainly, within the year, the insurance contract can require a fairly large budget. However, having a good guarantee must be the main concern of motorists in order to avoid many financial inconveniences in the event of a claim. Indeed, third-party insurance is limited to compensation for damage caused to third parties (bodily injury and property damage). But with “all-risk” insurance, the driver will benefit from high levels of guarantees: coverage of damage following an at-fault or not-at-fault accident, driver coverage, unidentified third parties, vandalism, natural disasters… In short, in the event of a glitch, the insured can claim higher reimbursements without waiting for the dispute to be settled.
Attention! In the event of driving under the influence of drugs and without a valid driving licence, the contract will not be valid.
What are the different options included in the all-risk insurance?
Unlike an intermediate insurance, the all-risk car insurance offers higher guarantees. To optimize the premium, it is possible to personalize the content of your contract. The “all accidents” damage cover covers the insured’s car in the event of damage, regardless of the nature of the claim. The glass breakage coverage comes into play for the repair or replacement of the rear window, side windows or windshield. In the event of attempted theft, the insured will be compensated up to the value of the vehicle, while the fire coverage covers the vehicle for all types of losses under certain conditions. Finally, in the event of a dispute, legal protection will allow the driver to benefit from tailor-made assistance throughout the process. In any case, all-risk car insurance usually offers very low deductibles.
How can you save on all-risk car insurance?
Clearly, all-risk coverage is the best insurance on the market, but it is also the most expensive. In general, the price will depend on the insurer, the profile of the driver and the vehicle. To find the best coverage at the best price, it is best to compare offers. Thanks to online comparators, you can access a variety of offers with just a few clicks. What’s more, this tool is free and without obligation. You can also use an insurance broker. However, there is a charge for this service.
In addition, don’t hesitate to negotiate the deductible, i.e. the portion that will be charged to the client following a claim. It can be expressed as a percentage, a fixed amount or both at the same time.