A French family spends an average of €2,800 per year on insurance coverage. This is quite a sum, especially for small budgets. Fortunately, it is now possible to spend less on insurance. Here’s how to achieve it.
Find the ideal insurance
To spend less on insurance, you must first find the ideal insurance. As you can see on assuranceideale.fr, the latter depends not only on the insurer, but also on your profile.
Regarding the insurer, it will be a question of choosing the insurance company that offers the best rates on the market. You can use an online comparator to achieve this.
As for your profile, it will be a question of opting for a tailor-made insurance formula. This must take into account your real needs in terms of insurance coverage. Thus, you only spend on what is useful to you.
Choose your borrower insurance
After finding the ideal insurance, you must also change borrower insurance to reduce your expenses. You should know that the solution offered by the lender is not always the best. Thus, you must think about choosing your own borrower insurance. In most cases, you will find a cheaper solution and save money.
Remove duplicate insurance
Many insurance expenses are due to duplicates. Indeed, it sometimes happens that you contribute several times for the same risk. However, as you can see on this site, the benefits paid by insurance are not cumulative. This is why you should remove any duplicate insurance you have. This will allow you to considerably reduce your contributions and to spend less on insurance.
Manage the insurance budget well
To finally spend less on insurance, you must manage the budget you devote to it. This starts with accurately tracking the amount of refunds and contributions. Thus, you will not be part of the 30% of policyholders who do not know the cost of their insurance. By having control of your insurance budget, it will be easier for you to compare the different offers and formulas. Also, you will be able to check that your contributions correspond to the amounts provided. Similarly, you will find out if your mutual has reimbursed your various consultations.
In short, remember that there are several tips that allow you to spend less on insurance. Among the most effective are choosing the right insurance and your own borrower insurance. Finally, you must remove duplicate insurance and manage your insurance budget well to reduce your expenses.