Electric driving results in a higher insurance premium. In many cases this also applies to, for example, chip tuning of your motorcycle, installing an LPG tank and concealing any criminal record.
The premium of a car insurance mainly depends on the make of the car, the year of manufacture, the age and residence of the driver and how many claim-free years he has. But there are also less known factors that increase your premium. And that sometimes even drive you into the arms of just one insurer, because the rest refuse you.
For example, if you want to drive electrically, you have to pay a higher premium. “Electric cars are heavier on average due to their battery,” said insurance expert Menno Dijcks of Independer. “As a result, they cause more damage in a collision.” Also, repairs are usually more expensive than with other cars and can only be carried out by specialists.Insurers often make additional requirements for electric cars.For example, most find the alarm system of a Tesla insufficient and require that the car is also connected to a emergency center.
Installing a gas tank can also have consequences, because it also makes your car heavier. This not only increases the road tax, but also the premium of your car insurance, because heavier cars cause more damage in a collision. Because a built-in gas tank also makes your car worth more, an insurer loses more money if it is stolen or total loss touches. This is reflected in a higher WA+ or all-risk premium.
If you want to get more power from your engine, you can have the computer’s chip adjusted, in other words: tuning. It is wise to pass on the extra power of the car to the insurer. This also applies if the car gets more power in another way, for example with a sports exhaust or a turbo on the engine. “The premium will almost always rise,” explains Independer car expert Dijcks. According to insurers, cars with a higher power run a greater risk of damage. If you do not provide this information, it may mean that the insurer will not pay out in the event of damage. If your car is 20 percent faster or heavier, you are in any case obliged to report this to the RDW.
Tin and paint damage to cars that have been repainted in a special color, such as mother-of-pearl or matte black, is more expensive to repair than with ‘normal’ blue, black or red metallic cars. That is why it may be wise to insure these types of special colors. That means a higher premium. According to Dijcks, standard colors do not directly affect the premium. Anyone who has a yellow car repainted to plain black does not necessarily pay more.
Nevertheless, it can be useful to notify the insurer of such a change. It prevents squabbling later in a claim, if it turns out that the information the insurer has about the car does not fully match what the car looked like shortly before the damage. The color of a car is noted in the registration certificate. That is why a new color must always be passed on to the RDW.
With a car wrap, a foil is pasted over the paint of the car. Applying a wrap quickly costs more than 2000 euros. The wrap can skyrocket your premium if you include it in accessory coverage with your auto insurance policy. If you do not, you will be responsible for the costs of damage to the wrap. These can add up considerably, because the old wrap and the glue residues have to be removed and new foil has to be applied.
Many insurers refuse drivers who have been convicted of a criminal offense in the past eight years, because they see this as proof that someone is not following the rules closely and therefore poses a higher risk. People who have ever been banned from driving, for example for driving under the influence, also have a criminal record. A driving ban is even a reason for insurers to cancel existing insurance policies.
Withholding a criminal record is unwise. If the insurer finds out later, you will be registered as a fraudster for eight years. This makes acceptance with other insurers virtually impossible, even for insurance policies that have nothing to do with cars. If you really want to hit the road, you will arrive at De Vereende. It was established jointly by insurers. De Vereende insures practically every motorist. The downside: the premiums are three to four times higher than with a regular insurer.
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