Motorists in Berlin: rethink car insurance and save money!

increasing costs for drivers: the vehicle insurance in focus

Berlin, September 13, 2024-In a current survey by the Finanztip money guide, it shows that every third driver in Germany finds their car insurance as financially stressful. This survey throws a light on a worrying development in the automotive industry that affects many drivers.

The investigation, carried out under 1,029 participants, illustrates that 36 % of those surveyed (according to the entire population from the age of 18) find the costs for their car insurance too high. In view of the economic uncertainties in today's world, it is essential that consumers find paths to optimize their expenses, especially for those who are dependent on their car.

A central point of the survey is the mileage that significantly influences the insurance premium. According to Finanztip, there are often high additional costs from the specification of a high number of kilometers. Motorists who, for example, set 10,000 kilometers, but only drive 5,000 kilometers, pay an average of 16 % more. This means that a driver with an annual fee of 500 euros can give away up to 80 euros annually.

Consumer cost awareness: Despite the possibility of adapting the mileage, only 39 % of the respondents have used this option in the past five years. Almost half, specifically 49 %, have never optimized your tariff. This shows a lack of cost awareness and the need for better information about the savings options.

The expert Kathrin Gotthold from Finanztip recommends that drivers realistically assess their number of kilometers. It is important to reflect on the actual driving style and to adapt the insurance accordingly. Too little statement can be legally problematic, but it is often possible to save money by subsequently adapting the mileage for the current year without having to conclude a new contract.

The study by Finanztip not only examines the effects of mileage on the premiums, but also other insurance characteristics in order to offer drivers a comprehensive basis for decision -making. This regular analysis is intended to help create transparency and savings options in the insurance sector.

meaning for the community: The knowledge underline the need that consumers actively deal with their car insurance. In view of increasing living costs, every euro that can be saved is of great importance. A proactive approach to insurance questions can not only help the individual to save money, but also strengthen awareness of financial responsibility.

In summary, the survey of Finanztip shows that many drivers are dissatisfied with the costs of their car insurance, but at the same time leave potential to reduce their expenses. A better understanding of your own insurance conditions and a regular review of the mileage can contribute to financial relief.

for further information:

• Financial tip guide for mileage
• Financial tip guide for car insurance

The results of the current investigation of Finanztip will be published in the course of autumn, which will be a valuable resource for drivers who want to reduce their financial burdens.