Auto Casco insurance has a history of about 100 years. But to this day it remains voluntary, although it provides the fullest possible insurance protection for the car. Its purpose is to cover full or partial damage to the vehicle as a result of natural disasters, fires, malicious acts of third parties, robbery, theft and traffic accidents, including even damage caused while parked.
And now we will introduce you to some interesting facts about motor hull insurance around the world:
- the type of your car affects what the price of the motor hull insurance will be;
- Toyota Sienna Minivan receives the lowest sums insured worldwide;
- in some countries, if you drive a Fit Honda EV, certain additional coatings will be added to the shelf of your car insurance;
- most often the purchase of a brand new car is a factor for the higher price of his motor hull insurance;
- the widespread penetration of the Internet in people's lives helps to reduce the prices of motor hull insurance, as it only takes a few clicks of the mouse to compare the offers of different companies;
- there are countries in the world where the premiums of absolutely all drivers are the same. But otherwise the tendency is for insurance companies to treat each of their clients individually and to assess the personal risk to which they are exposed;
- there are companies offering women's motor hull insurance that covers more damage - for example, roadside assistance or theft of a purse or jewelry that is forgotten in the car;
- the price of the motor hull can also be affected by the credit rating of the car owner;
- the driver's file is also influential. Globally, practice shows that it can predict how long a person will live - statistics show that people who do not have accidents and acts usually have a longer life expectancy, regardless of the cause of death;
- one world statistic shows that drivers who are married have fewer accidents than those who are not married. What is the reason for this - we can only guess;);
- although people under the age of 25 are seen as high-risk drivers, few insurance companies are willing to reduce the cost of atocasco to their customers who pass that age;
- the profession also influences the determination of the size and price of the individual motor hull insurance. In some countries, if you are an engineer you will get the best offer;
- in many countries the area where the owner of the insured car lives is also taken into account - if he lives in a place with a lot of car thefts, this fact will increase the price of the motor hull insurance;
- the highest cost of motor hull is paid by the District of Columbia;
- half of the insurance premium for motor hull insurance is given to cover administrative costs and not for the occurrence of an insurance event or other damages;
- the leading cause of death worldwide at the age of 18-25 is an accident that occurred as a result of a car accident. That is why insurance companies consider this age to be risky and the price of motor hull insurance for these drivers is significantly higher.
