Car insurance: increases to be expected in 2017

We are now only days away from 2017. While this is good news for everyone, it is not good news for drivers. Indeed, as every year, you should expect a change in the pricing of your car insurance. And for 2017, increases are likely. Focus on this topic!

An upward trend is confirmed

Car insurance will increase! Although this was not entirely certain some time ago, the trend is now gradually being confirmed. For next year, we can expect an increase in the rates charged by the various insurance companies. At this time, it is not known how much the increase will be. However, according to the calculations made by
Fact & Figures
the increase could be 1.5%. This is significantly higher compared to 2015 when rates only increased by 0.64%. Such an increase would be related to the fact that car insurance is not at all profitable. A fact that would be explained by the lack of improvement in the road safety figures.

How to get the best car insurance?

While it is now certain that car insurance rates are going to be on the rise, you need to start looking for ways to get the best deal. The best thing to do is to play on the competition. In fact, policyholders have a better way to do this. We are talking about the Hamon law which offers them more flexible conditions for the cancellation of their car insurance contract. Nevertheless, there are limits to this and it is important to take them into account.

In addition, it is also recommended to compare the offers proposed by the different insurance companies. To do this, you don’t need to go around to all the companies. There are online tools that allow you to quickly compare car insurance quotes and find the best one. Finally, if you’re planning to buy a new car, look for a model that can afford a low insurance premium.

Leave a Reply

Your email address will not be published. Required fields are marked *