Under
Spanish law, effective in early 2008, all vehicles, including second
hand, must have car insurance minimum coverage which is mandatory
liability. Driving without her, can pose sanctions ranging from 601 euros to 3,005 euros and can inhabilitarnos the vehicle.
Car insurance compulsory or mandatory liability insurance, has the minimum coverage required by law. This
insurance coverage is not sold on its own in the companies, it is
generally offered in a package with other coverages such as legal
expenses, driver insurance, travel assistance, etc..Only I can find no other coverage added in the Insurance Compensation Consortium. Sometimes, companies refuse to insure a user, ie, they do not even do the most basic insurance including Liability Compulsory. The
reason is usually caused by poor driving experience (less than 2-5
years of age card), or by the young age (under 25, although there are
companies in which is from 27, or even more ) or insure the vehicle (with power / weight ratio high).
When
this occurs, and as we can not travel without insurance, there is a
public entity that will assume the legal minimum for all these people
that no private company assumes.These
coverages are valid in Spain and all countries of the Multinational
Agreement Guarantee (the EU, Switzerland, Iceland, Norway, Croatia,
Slovenia, Hungary, Czech Republic and Slovak Republic).What coverages offered
Compulsory Liability Insurance?
The range covered by this insurance is related to damage that may have made the driver of the car against other people, namely:* Damage to third parties (including a pedestrian) amounting to 70 million Euros per claim.* Damage against animals* Against property damage up to 15 million Euros per claim.
What coverages are not included?
No cover us if the person hit or otherwise damaged in the vehicle is a relative of the driver at fault. Up
to the third degree of consanguinity to the driver at fault this
coverage does not include damage of a material nature that were not
(historically these claims were brought about intentionally and
therefore the exception in today's terms).Therefore, the major risk of this insurance contract can only be the limitations that we would suffer with it. For
while it is designed to ensure that if we are owners of a vehicle and
caused damage to other persons or property they will be covered, in no
case shall this insurance cover damage we cause we ourselves or family,
we will have no supplemental coverage, and in any case the coverage will be limited.
The accident statistics do not lie the DGT, women have a lower risk of causing accidents or being involved in one. Men are the highest accident record (4 out of 5 deaths and 3 out of 4 injured in road accidents). As
a general rule women are more cautious when they are behind the wheel,
so car insurance companies offer lower premiums under the lower claims.Not
only are more careful driving but also choose smaller displacement cars
and tend to drive less frequently than men, so the possibility of
causing an accident and the potential damage of lesser importance.
However,
following the opinion of the Court of Justice of the European Union
that outlaws that sex can be a source of differentiation in the price of
insurance, insurers may not offer different premiums to men and women
in the car insurance , life and health, when differences were recorded before arriving up to 33% on the final price.
The car insurance premiums for women will consequently increased their amount. According
to a report commissioned by the CEA, the European insurance employer,
which attempts to assess the economic consequences of the implementation
of the European directive that establishes the disappearance of gender
differences, which are classified as direct discrimination, one of the
first consequences will increase the price of car insurance policies for women. Quantified increased by 11% as GDV, the German Insurance Association.Insurers
aware of the specific needs of this group have begun to offer vehicle
insurance with coverage designed especially for the women. Many
of these companies claim to be over 25 and have not lost more than six
points, assessing aspects of history at the wheel adjusting the price
accordingly based on the claims.
To
get more competitive prices can help our car insurance comparison with
which not only saves money, but also time in choosing the car insurance
deal that best fits your needs.ExamplesAmong
the available supply in the market stands Insurance Penelope, a new
brand launched by the Group Hotline offering coverage to address the
peace and safety of the drivers, but can also be contracted by men. This
insurance is intended to make life easier for the insured, particularly
as related to roadside assistance, field repairs, workshops and
specific allowances.
Coverages
offered highlights of theft bag inside the car, offering compensation
of up to 200 euros and the management of low credit cards. Penelope
offers roadside assistance for pregnant women, in case of indisposition
for this contingency, are responsible for the insured and take your car
to a medical center or to their home, as required. Car service also offers Agenda, helping to save time conducting, managing the agenda revisions of your car. In
the repairs, the insured will have free choice of workshop and the
assurance that your car will be washed and vacuumed after repair.Other
highlights include the additional cover legal assistance on various
topics such as labor law, fiscal or civilian vehicle repaired in situ,
wherever possible and collection and delivery services vehicle, crane
urgent (roadside assistance unlimited mileage) and replacement vehicle, among others.
Another
policy to mention is the Policy We Pelayo, to suit the specific needs
of everyday women and among other features the following
The car insurance contracts are a voluntary agreement for both parties. First, the user must pay a sum of money in advance to secure a car. And
for another, the insurance company takes over if that risk leads to a
loss by paying the compensation is stipulated in clauses.However,
there is a mixed formula, which is a compromise between the parties
involved, in which each party is responsible for a fraction of the
obligation of the other. In
other words, you pay a lower premium to its share of the insurance
contract and the insurer pay compensation below that correspond.Thus
was born the concept of franchising this mutual commitment, by which
each party is responsible for a share of the obligation of the other
party.
Definition
Franchising
is an amount of money that the insured fails to collect the car
insurance company for compensation that would apply as a result of an
accident.It
is applied to the first X euros of compensation and each and every one
of the incidents that occur during the period of insurance.In
return, the insurer lowers the total premium that you must pay for such
insurance, a certain amount of money, it does not have to match the
value of the franchise, sometimes being higher and others lower.What coverage is best to apply a franchise?
* Theft, fire and moons
Since
the cost of procurement of these hedges is relatively low, apply a
franchise they just lower the price and also if for example, a glass
breaks or try to pick a lock to steal the car, you will be responsible
for the almost repair entirety. Logically, if the car catches fire or stolen, it would be otherwise.
* Own damage
In
this case, hire own damage coverage is very expensive relative to the
other, so applying a franchise, in most cases it can be a very
substantial reduction in the premium.Hiring or not a franchise for this coverage depends on the type of driver. While no one knows in advance whether an accident will be serious and if the driving record can help you make a decision. The
driver will know whether or not parties have given their insurance,
then according to this history can predict the risk of having an
accident.When
the accident history does not record incidents only, then it may be
worth considering employing a franchise to reduce premiums. But
if the driver usually give parties regularly, either to fix minor
knocks or incidents of guilty is then reduced interest in insurance with
excess.
What amount of franchise we choose?
The decrease of the premium payable is not entirely proportional to the value of the franchise hired. Interestingly apply several possibilities, franchises 150, 300, 600 or 1,200 €.Give
part of the insurance claim to fix minor bumps, scratches, with or
without excess, in most cases it does not matter, as there may be losing
reduced annual bonus. In these cases, hiring a small franchise interesting. In any case depend on the driver's accident history, frequency and importance of their mishaps.
Moreover,
an important consideration is that the exemption applies to all claims
involving coverage where we hired and applies only once per claim. It is not legal to join several claims to only apply a franchise.
Recall:
the policyholder is the person who hires, ie figure whose name the policy and pays the insurance premium car.The insured is the person who protects, the insured person would have an accident. It may be the same person who signs and pays the policy or not.And the beneficiary is one who would receive compensation in the event of the occurrence of the incident. In
most cases, insured and beneficiary are the same person, however, where
insurance covers death of the insured, the beneficiary of compensation
is another person who is chosen by the borrower to sign the policy.Well,
it is advisable that policy in providing information of all
drivers, both routinely and occasionally, to drive the vehicle. If
insurance company only includes data from a driver record is better
than less experienced driver (the minor's age and driving license) to
avoid problems in case you need to claim compensation for an accident.Insurers will cover the backs
As
companies often distrust the occasional driver figure, we apply a
surcharge that may be less than if the child is declared regular driver,
but in any case the mark will be important (between 30 and 50 percent
of the premium without bonus).I
n
addition, in the event that the driver "casual" have a claim (of any
type, such as broken windows), you may be expected to apply a franchise
that may require us to pay between 200 and 500 euros, according to the
company .
Sometimes,
we can change the data raise asks insurance for young and novice
drivers, as insurers either charge an exorbitant amount, or not say.First,
as parents, if we try to cover the situation of a child aged 25 or
putting novice driver as regular driver and car insurance policyholder,
we know that if the company finds that the car is in the name of the
child (as I will ask for documentation), we may reject the car insurance policy, because the risk is too obvious.
If
the insurer accepts the policy, in case of accident could not receive
any compensation as car insurance policyholder, we will have to bear all
the expenses, and claims that servicers can claim bad faith on
part, because probably the person having the accident with the car is not really the policy, but the son is not stated in the policy as the main driver.
In
the best case, what can happen is that you never give one party and not
have to resort to the insurance company, but, clearly, we advise you to
pay a premium annually to an insurer that will give us trouble cover us when we need it, it is better to pay a little more and be well secured. Moreover, in any case, son will not gain seniority as insured. The sooner he faces the reality of insurance before they earn the right to lower premiums over the years.
We also recommend purchasing a vehicle other than sport or over 100HP, and that the premium will go up considerably.
For
these cases, or the like as to put women as usual conductive since
insurance is cheaper, or placing another person having more years of
license or bonus, two things can happen, in case of accident, depending
on the gravity:+ We do not cover anything for acting in bad faith,+
We deducted from the compensation the difference in the resulting
premium if we press the right data to the main driver for insurance, ie,
with adequate risk reality.
According
to the Insurance Compensation Consortium and the DGT, is estimated at
more than one million vehicles that currently circulate on our roads
without car insurance. In 2002 saw the highest number of uninsured vehicles with about 2.66 million.In
1962 the insurance of motor vehicles became mandatory, due to the
increase of Spanish fleet, in order to meet a growing need felt
socially, protect victims of acts of circulation, ensuring health care
and compensation up to the limit was established, run by the insurer of the vehicle causing. The
obligation to ensure the vehicle is imposed in Article 2 of the
Regulation on Liability and Insurance on Motor Vehicle Traffic (Royal
Decree 8/2004). With
mandatory coverage is intended that all responsible for a car accident
can cope, through insurance, its obligation to repair the damage.Circular with a vehicle without insurance can lead to severe penalties and consequences
On
the one hand economic sanctions, for tourism, driving a vehicle whose
permission is required for the class B would sanction € 1500, while for a
bike for € 1,250 and any vehicle that requires a permit C1, C1 + E, C, C + E, D1, D1 + E, D or D + E, 2,600 €.On
the other hand, if, within 20 calendar days will not be credited to the
Traffic Department compulsory insurance of the vehicle, the officers
ordered the vehicle tank, having to take care of the costs incurred in
this subject, in addition of the corresponding fine. There
is a 50% reduction in the amount of the fine, if any payment of the
penalty within 20 calendar days from the day following receipt of
notification of the penalty.But what if we are involved in an accident with a vehicle that is not insured? Are we helpless?Who should pay compensation when the vehicle is uninsured otherwise?
Under
existing law the Insurance Compensation Consortium is responsible for
the damage to persons or property by Spanish registered vehicles moving
without insurance.How do I proceed?In case you suffer a casualty or accident at a vehicle without insurance, it is important to consider and follow these tips:
Record data make, model and license plate number otherwise. So, if he leaves the scene of the accident without leaving your data, you can identify later.
Tell the police to conduct the crowded.
While
waiting for the police, it takes all possible data on the part friendly
especially the owner complete data listed in the vehicle documents
(certificate) and if different driver.
Record details of the accident witnesses if any. May testify about what happened if necessary and identify with the vehicle registration charge uninsured.
Communicate the incident within seven days to your insurer. They will be responsible for handling the compensation due to the Consortium if applicable.If there is injury, who is responsible for medical expenses?
The
Insurance Compensation Consortium shall assume all healthcare expenses
necessary to the healing and consolidation of the aftermath and the
compensation and property damage coverage for the vehicle.What about the responsibility of the vehicle without insurance?If
the vehicle is declared responsible uninsured casualty or accident
happened, the Insurance Compensation Consortium may require
reimbursement of all expenses and damages incurred.
Should I always cheaper home insurance?
The home insurance are not standard products. These complex products where the 'fine print' of the policies is very important.
The home insurance may cover only the continent, or even the content you have in the house. They can cover more or less elements (windows, ceramic, mirrors ...) or incidents (fire, theft, flood ...). The cheapest home insurance is compulsory, it is one that only covers the continent and in case of fire. Banks
require the recruitment of home insurance fire whenever you hire a
mortgage to purchase a home, as the lender needs to ensure the value of
the home in case a fire completely or partially diminish its value.
You
may also want to protect some of the assets you have in your home, or
apart from fire, want to guarantee damages against other claims. In this case, the cheaper home insurance is not necessarily the best choice for you. Insurers
determine the price of home insurance by multiplying the probability of
a loss (called claims frequency) by the average cost of the damage. In this result will apply other costs, such as their profit margins, administrative costs, customer acquisition, etc.. Therefore,
to get a cheap home insurance, insurance companies usually remove
hedges relating to items of insured property and casualty casuistry
limit protected by the policy or the limits of compensation in case of
occurrence the incident.
So,
if you want more protection for your home, the best option is to decide
what you want to protect, in which assumptions and why quantities. Once
you've defined the type of policy you want, the best option is the
cheapest home insurance from those that best suit your needs.How I can find cheap home insurance?
As in any purchasing decision, to find a cheap home insurance should compare all available options. It
is impossible to know, a priori, what company is going to offer the
cheapest insurance for the type of policy you want, since the price of
it will depend largely on the assessment of the risk profile of the
company to make your home. To
do this, you will need to provide certain information about your home,
such as your ZIP code, the height of the housing or security measures
with which account it. Only once you request a custom quote you know which companies offer you cheap home insurance.To
order custom budgets in different companies, you can go directly to
each of them and complete the corresponding form, or you can use a home
insurance comparison as it offers Kelisto prices and get major insurance
companies by completing a single form. By using a price comparison, you can see which companies offer the cheapest home insurance in one place. Plus, you can compare different policies quickly and conveniently. In
Kelisto you analyze the fine print of all policies so you can see what
each policy offers, and thus can not just hire the cheapest home
insurance, but the one that offers the best price / quality ratio.
Why should I compare home insurance?As
in any purchasing decision, compare the offers available is your only
guarantee to choose the best product at the best price. Insurance is not an exception. Only
by comparing home insurance you know which company offers you the best
price based on the specific characteristics of the property insured, and
what policy includes coverage and maximum compensation that come
closest to what you're looking for.Before comparing home insurance, we must decide what kind of policy we want to hire and what kind of damage we cover. The only home insurance is compulsory which covers the value of your home in case of fire. However,
it is desirable to protect the peace of the continent against other
damage such as, vandalism, flooding or breaking glass, to give some
examples. In
terms of content, the different coverage can vary significantly between
different policies, but some of the most common are broken marbles,
vitro ceramic, document replacement costs or value of stolen goods. Therefore,
when comparing home insurance, you should pay attention not only to
price but also coverage and limits including hedges. These
limits can be set to come on a specific amount (eg, up to 600 € for
replacing ceramic vitro) or a percentage of insured losses.Once
you have decided what coverage you consider necessary to compare home
insurance that will provide the level of protection they consider
appropriate and choose the cheapest.How I can compare home insurance and save on my insurance?In Spain there are more than 20 insurers offering home insurance. Most are traditional insurers, ie, those who market their products through insurance intermediaries. And others are direct insurers, operating primarily through telephone and Internet. Therefore,
compare home insurance can be an arduous and difficult task, requiring a
search of the leading insurers in the market, fill one by one all the
various forms of insurance, and manually compare home insurance
available. The
comparative home insurance Kelisto born with the intention of joining
the market in one place, so you can compare home insurance, in minutes,
comfortably, and filling out a single form. The
comparative home insurance Kelisto queried in real time on each of the
insurers included, so that, with the information provided, they
calculated the price of premiums.It is not possible to know in advance the price of home insurance. It is not even possible to know a priori which company will offer you a cheaper policy. This
is because the prices offered are determined by the risk profile of the
insured property (according to their geographical location, height,
security measures they have, etc..) And limit the quantities to insure. Therefore,
to compare home insurance, you need to provide the data that insurers
need to set different budgets to the circumstances of each case.All insurance companies included in the comparison have a high reputation. Both
in the case of traditional insurers, where we have the largest
insurance market in terms of turnover, as in the case of direct
insurers, except Hotline (which is part of Bankinter), are part of large insurance groups. Therefore,
when comparing different home insurance, you can choose the one that
offers the coverage you need at the cheapest price, as insurers enjoy
associated maximum guarantees.
