Every car owner wants to save his transportfrom all sorts of troubles. And it can be not only an accident on the road. The car can be hijacked from the garage, or a tree can drop onto it - in a word, anything can happen. Compensate for the damage in these cases will help good insurance. But it would be nice to know how to calculate CASCO for a car. What determines the cost of this policy, you will find in the article.
Types of CASCO
First of all, it should be noted that CASCO is voluntary insurance, which has an individual character. There are two main types of this policy:
- Full insurance. It provides for payments that cover any loss and damage from theft or damage to the machine. This is the case if the terms of the contract are not violated.
- Partial insurance. It provides for payments solely forspecific cases, which are prescribed in the terms of the contract. It is not difficult to guess that partial insurance will cost the car owner much cheaper than full insurance. But the final cost will vary greatly depending on the risks chosen.
It is possible to calculate CTP and CASCO on the car by yourself. And already at home in a calm environment, consider the feasibility of additional insurance, weighing all the pros and cons.
The components of the price of CASCO
Cost of compulsory motor TPL insurance is clearly establishedlegislation and is fixed. Therefore, it will be the same for all insurance companies. The price for a CASCO policy in different organizations can be very different. It depends on the current basic tariffs and a variety of factors. But still all insurance companies rely on standard criteria, which are taken into account in the calculations. Usually these are the following factors:
- age and sex;
- driving experience;
- bonus-malus;
- the territory of registration;
- availability of franchise and other factors.
Coefficient of age and sex
The first thing that insurers look at beforecalculate CASCO for a car - this is the age and sex of the car owner. Long-term studies have shown that the greatest risk on the road is people younger than 22 and older than 65 years. It is they who, according to statistics, most often become the culprits of an accident. The rest of the citizens are considered a more or less reliable category, therefore it costs them less.
Also of great importance is the sex of the face,driving the vehicle. Women are considered to be at risk, but men are considered more experienced drivers. Of course, all people are different, all have their own characteristics, but the insurance agents have to generalize.
Factor of experience
It is believed that the longer the driving experience, the moreexperienced man on the road. And this means that insurance will be cheaper. The minimum ratio, which is equal to one, is assigned to those who spent more than three years driving and whose age is at least 22 years.
However, here it is necessary to take into account an important condition,Before calculating CASCO on the car yourself. If an unlimited number of drivers is allowed to drive, the highest ratio is taken. If a person can get behind the wheel of a certain people, prescribed in the contract, then the agent will calculate for the one with the least driving experience.
Bonus-malus coefficient
This is a very pleasant criterion that works.for all neat and experienced drivers. It is appropriated when drafting the contract to those who did not participate in the accident. Otherwise, this coefficient is called a discount for accident-free driving.
If insurance payments are not made withinten years, then the agent can lose half the cost of the CASCO policy. But for those who often become the culprit of accidents, the bonus-malus ratio works the other way. He can increase the price of insurance almost three times.
Territory Coefficient
Before calculating CASCO for a carindependently, it is worth studying the table of the coefficients of the territory. The figures will differ depending on where the vehicle was registered. For each region and city has its own coefficient. So, in Sevastopol and Simferopol the minimum value is 0.6, and in Chelyabinsk and Murmansk the maximum is 2.1. As you can see, the difference can be very large.
Presence of a franchise
The final cost of a voluntary policycan not afford for many citizens. One way to purchase insurance is much cheaper to include the franchise in the terms of the contract. This means that the amount of damage that is covered by the car owner at his own expense will be prescribed. The cost of insurance is significantly reduced. But you only need to buy a franchise if you are ready to take risks.
If you are thinking how to calculate CASCO forcar, so as a result it turned out cheaper, consider this option. Yes, and agents often offer their customers to buy a franchise, despite a significant reduction in the price of the policy. In any case, the company benefits. All small damages (dents or scratches) that happen most often will be paid by the owner of the car.
Features of the vehicle
Insurers must take into account the make and model of the car. They have access to a database on the number of thefts of certain cars. For them, there is an increasing coefficient of CASCO.
Also increases the price of the policy cost of the machine.If it is a run, then the average market price for a similar vehicle is taken. If it was purchased in the cabin, the agent must calculate the CASCO for the new car, relying on the price of the contract of sale.
Also, the insurance percentage depends on the agecars. The newer it is, the more expensive the policy will be. But it is worth considering that after reaching a certain age of the vehicle, it does not already have CASCO. And each company has its own threshold.
Other components of the policy price
If you choose a separate salon in whichthe car will be repaired, about 20% of the final cost of the policy is added to the insurance. In order not to raise the price, agents provide their list of recommended service centers. The new cars will be repaired under the warranty of the official dealer.
In the presence of anti-theft devices in the car, the price of CASCO also decreases. And in some companies certain machines do not accept without security systems for the conclusion of the contract.
You can calculate the cost of CASCO oncar at a reduced price, if before that you bought insurance in another company. Usually, in this case, a discount of about five percent is given to a new client for trust.
Other factors.Each company has its own additional criteria, on which the value of CASCO depends. This may be the presence of a parking space or a garage, an existing insurance for other property in the company, installment payments, placement of advertising information on the machine and much more. A list of such factors should be specified in the selected organization.
Is it possible to independently calculate the hull insurance on the car?
There is an opinion that to determine the value of CASCOit is much more difficult than the policy of OSAGO. And indeed it is. The fact is that the calculation procedure is complicated by numerous criteria and coefficients that are simply not available to ordinary people, because they are not public information.
You can calculate only the approximate price of the policy,which usually does not exceed 20% of the cost of the car. For more accurate calculations, you will have to ring up or even visit several insurance companies in order to choose the best option for yourself. If you are interested in how to correctly calculate the hull insurance for a car, you will have to thoroughly examine the rates, rates, discounts and promotions of a particular company. Only after that it will be possible to try to determine the final amount of insurance. But even in this case there is a high risk of making a mistake with the number, since there are many pitfalls.
A more accurate and easy way to find out the price of a hull insurance yourself is to use special online services that many companies have. But they will be discussed later.
Formulas for determining voluntary insurance
Talking about how to calculate hull for a car(credit or personal), it is worth noting that insurance agents do this by formulas. Of course, each company will have its own calculations. But there are two most common formulas.
The first. The cost of the car (SA) must be divided by the product of all possible coefficients (K), and then get the amount of insurance.
CASCO = SA / (K1 * K2 * K3 ...)
The second. This formula will include specific indicators.
CASCO = (Damage coefficient * year coefficientrelease * age and length of service * franchise ratio * installment factor) + (coefficient of theft * coefficient of release year * installment factor * coefficient of the anti-theft system).
Using these formulas, you can try to calculatethe cost of insurance, but in most cases the result will be far from reality. You need to know the exact coefficients of a particular company. One thing is for sure, that for car loans the price of the hull insurance increases by almost 40%.
Calculation examples
Let us consider specific examples of how to calculate a hull insurance on a car by the formulas itself, if the coefficients are known in advance.
Suppose a vehicle has onethe owner, he is 21 years old. He has a passenger car with an engine capacity of 110 liters. with. New car and did not participate in accidents. He was registered in the Moscow region. Driving experience is two years.
CASCO = base rate * engine power * age and length of service * region ratio * control limit * bonus-malus.
We substitute the operating coefficients of the company and make calculations.
CASCO = 1980 * 1.2 * 1.7 * 1.7 * 1 * 1 = 6,867 (rubles). So much will cost a one-year voluntary policy.
Consider another case. New car with a capacity of 120 liters. with., it is registered in the Krasnodar Territory. The owner is 35 years old, and the driving experience is 10 years. Manage the machine will be several persons.
The formula is the same as above.
CASCO = 2000 * 1.7 * 1 * 2 * 1.7 * 1 = 11 560 (rubles).
Judging by the examples, it is not so difficult to determine the size of the hull insurance. But what to do if you do not know the formulas, the coefficients of a particular company, but they do not want to share them? Do not worry - there is a solution!
Calculations using online calculators
Especially to facilitate selfdetermining the amount of insurance, many companies create on their sites convenient services designed for this purpose. Using online calculators allows you to calculate hull insurance on the car "Rosgosstrakh", "Ingosstrakh", "Alfastrakhovanie", "Consent" and other firms. Understanding how this tool works is not at all difficult. Services are accompanied by instructions, tips and chat, where you can ask the consultant all the questions.
In just a few minutes you can find outthe final amount of hull insurance. To do this, fill in all fields of the proposed parameters. Usually it is the fare, model and brand of car, year of release and price, gender, age and driving experience of the owner of the car. Some calculators have a button with which you can reduce the cost of hull insurance. She suggests choosing a franchise or some special products that lower the final price.
However, it should be borne in mind that the result obtainedalthough close to reality, it is still indicative. Therefore, it is not necessary to be surprised if using the formulas or the online calculator you get one amount, and the consultant in the office calls another. But in view of the increasing incidence of fraud and overpricing insurance, it is useful to know how to calculate the hull insurance on the car itself.
