Currently, when buying a car at a car dealership, you can hear the offer to issue a Casco. What it is? Auto hull refers to vehicle insurance against theft and theft risks.
Rates for the insurance product are set individually. When concluding an agreement, it is important to read the insurance rules, this will help to understand what cases are insurance. In order to choose the optimal insurance conditions, you need to contact a Casco consultant. What is it, why is it necessary and how to behave when an insured event occurs, the manager will definitely explain.
What factors affect the final value of the contract?
The cost of the Casco policy depends on the type of vehicle, year of manufacture, the availability of anti-theft equipment and the number of drivers who will drive the car. The age and driving experience of each driver significantly affect the Casco policy. The insurance premium depends on the option of storing the vehicle at night, an increase factor is applied if the car is stored near the house, in the parking lot or in the cooperative garage. Also, the cost of the contract depends on the choice of insurance compensation upon the occurrence of an insured event: repair at the station or payment in cash (according to calculation). You can lower the cost through a franchise.
Casco car loan
Often, when acquiring a new vehicle at a car dealership, people are forced to conclude a Casco agreement. Without calculating the financial possibilities, many are asking the question: “Is it possible to include the cost of Casco on credit?” Of course, yes, but this option is not very convenient. Over the year there will be a substantial overpayment. In this case, it is better to consider the installment plan of the insurance premium, dividing the payment into three or four installments.
Casco - what is it and what you need to know?It must be remembered that the policy is valid only on the territory of the Russian Federation, unless otherwise specified in the contract. The contractual insurer may be any interested person on the basis of a power of attorney. For insurance, vehicles of both domestic and foreign production are accepted, without significant damage. The age of the vehicle should be no more than 6-10 years, depending on the type of vehicle. However, there are limitations. Insurance companies accept vehicles that are more than 10 years old, subject to registration of this vehicle on credit or leasing. Unfortunately, a car that participates in competitions cannot be insured under this program.
Program "50/50 Casco"
What is it, how beneficial is this program, and who can conclude an agreement on preferential terms? In fact, not everyone can use this program. Firstly, age restrictions apply. Secondly, the option of paying insurance compensation excludes the possibility of receiving monetary funds for calculation. You can find out about the other pitfalls of the 50/50 policy at an insurance company. All the nuances obviously will not tell you, they can be found out by carefully studying the insurance rules.