Car insurance per kilometer allows motorists to pay their annual premium according to the distance travelled. This alternative is particularly suitable for drivers who drive little.
New modes of travel lead us to use the car less often. If you drive little or use your vehicle only for short trips, it is in your best interest to take out car insurance per kilometer travelled. Focus on the advantages of this solution.
Definition
and operation of car insurance per kilometer
Car insurance per kilometer traveled is a formula that
appeared fairly recently on the market. This contract offers motorists to pay a
contribution proportional to the actual use they make of the vehicle.
Two
types of formulas are currently offered by insurers:
Insurance
to the nearest kilometer
By choosing this offer, drivers pay their car
insurance premium according to the actual distance travelled. This supposes the
installation of an electronic unit in the vehicle in order to ensure the
transmission at regular intervals of the mileage accomplished.
The
mileage package
Car insurance with a mileage package is the most
widespread. This formula consists of the driver committing in advance not to
exceed a certain number of kilometers during the year. Compliance with this
commitment is checked by an annual meter reading with a garage partner of the
insurer. Some insurance companies are satisfied with a declaration on their
client's honor.
Car
insurance contract per kilometer: the advantages
Auto insurance by the kilometer has several major
advantages:
A
lower contribution
This solution allows everyone to be a winner. From the
insurer's point of view, a vehicle that is driven less is statistically less
likely to be involved in a claim. For his part, the insured pays a lower
premium than under conventional car insurance while he benefits from equivalent
guarantees.
Guaranteed
protection whatever the formula
Subscribers to a car insurance contract per kilometer
benefit, whatever the formula chosen, from the same guarantees as in unlimited
mileage and in particular from the bodily guarantee of the driver and the
towing assistance / breakdown service of the vehicle.
A
tailor-made car offer
If car insurance offers per kilometer traveled mainly
benefit small riders, they can also be suitable for large riders with an extra
or secondary vehicle. Several optional guarantees are generally offered by the
insurer allowing the motorist to compose a tailor-made insurance.
How
much does car insurance cost per mile?
The cost of this formula depends on several elements that must be communicated to the insurance company:
- Criteria related to the vehicle (brand, model, series, taxable horsepower, engine, etc.) and its use (frequency of use, parking location, secondary driver profiles, etc.).
- Driver-related criteria (age, family and professional situation, place of residence, date of obtaining a driving licence, driving history, etc.).
- Criteria specific to each insurer.
- The number of kilometers traveled during the year.
In practice, insurers offer two types of pricing: a
monthly flat rate with an additional cost if the set threshold is exceeded and
a rate per kilometer of between 0.010 and 0.040 euro depending on the driver's
profile.
To find the car insurance you need, do not hesitate to
compare the offers using an online tool. The online comparator will give you
access to several non-binding quotes in a few clicks. Once you have found your
insurance contract, all you have to do is subscribe quickly and easily, with
the help of an advisor. To benefit from personalized support, you can call on a
broker specializing in auto insurance.