Advisor: Check your insurance
THIS IS HOW YOU CAN SAVE Because of inflation, premiums for car insurance, among other things, are also rising. The average premium has risen by an impressive 17 percent compared to the previous year. It pays to compare offers.
There are drastic price increases for car insurance. This is shown by an analysis of comprehensive premiums for new customers by the online comparison portal comparis.ch. In the second quarter of 2023, the average premium for various vehicles was 17 percent higher than in the second quarter of the previous year. That is a price increase of 142 francs.
More expensive repairs
Background: Prevailing inflation is driving up premiums as prices for spare parts and repairs have risen. For example, according to the Comparis consumer price index, the cost of electricity alone has risen by 25.5 percent compared with the same quarter last year. In addition, insurers are facing higher premiums from reinsurers for coverages such as hail.
It pays to compare
That is why it is important to compare different insurance policies. Despite the massive price increase in recent months, insurance premiums are still slightly lower than five years ago. Those who have not changed their car insurance for a while may be able to benefit from lower premiums.
Tip from the experts: Check which coverages are really needed. For example, comprehensive insurance is usually no longer necessary, especially for older vehicles.
