Motor insurance companies are becoming more expensive: change and save now!

Motor insurance companies are becoming more expensive: change and save now!

acute alarm signs for drivers: The vehicle insurance premiums rose by shocking 24 percent in 2024, and this tendency will probably continue in the coming year. As a comprehensive examination of the Verivox comparison portal shows, the contributions to fully comprehensive insurance with an increase of 25 percent are particularly affected. This means that if you are currently insured in liability or partial comprehensive insurance, you should urgently take care of a change so as not to fall into the cost trap.

But why are these price increases so alarming? According to Wolfgang Schütz, Managing Director of Verivox, there is no end to the end of the price increases. The insurers still seem to raise the tariffs, so that it can be dangerous for drivers to stay in the old insurance company. Therefore, it is advisable to keep your eyes open for more favorable offers, especially since from 2025 new type classes are also introduced in motor vehicle liability insurance, which could bring additional changes. However, exceptions are possible: Some drivers can benefit from cheaper contributions if their vehicles are classified in a lower type class, such as n-tv.de reported.

Surprising discount factors

Verivox has also found that many factors that drivers used to be an advantage earlier have hardly any influence on the premiums. For example, a completed driving safety training leads to a discount in only two out of around 70 insurers. Even points in Flensburg only have a minimal surcharge of one percent on average. On average, garage parking spaces only bring a discount of one percent, so that drivers can hardly benefit if their vehicle is parked there. This information makes it clear that a regular check of the car insurance is urgently advisable in order to achieve real savings and to be better prepared for the sudden cost increases, such as nordthueringen.de emphasized.