Car insurance comparison: differences and special features of the offers for companies

Without a vehicle, many companies are virtually unable to operate. the company’s own vehicle fleet forms the basis for mobility, ability to act and flexibility. Depending on the industry in which the company operates, the fleet may have classic PASSENGER CAR, but also commercial vehicles such as vans and trucks include. The size of the vehicle fleet is influenced on the one hand by the size of the company, but on the other hand also by the field of activity of the commercial enterprise. For companies, one thing above all applies to their vehicles: they must be well insured, because as with private cars, there is also at least a partial obligation to insure company cars. This means that every company must have its vehicles at least provide them with motor vehicle liability insurance. In the car insurance comparison between the tariffs of known insurers show large differences. This is not only evident between the premiums, but also in the scope of benefits.

How much insurance cover is required?

Especially start-ups, but also a small company often ask themselves the question: how much insurance cover is required for the company car? Of course, every insurance policy comes with costs, and in order to contain these, people often look for potential savings. the scope of insurance depends on your own needs. Before taking out commercial vehicle insurance, the value of the vehicle fleet should be assessed. If the company’s fleet consists mainly of new cars, they must of course be insured in a completely different way than old company cars.

Even for the self-employed who use their car primarily for business purposes, only a car insurance policy that is designed for commercial use can be considered. In the case of a fairly new or. young fleet of vehicles, not only the insurance required by law should be chosen with the motor vehicle liability insurance. Here there is a need for further protection through partial cover and fully comprehensive insurance. While liability insurance covers damage to other persons or third party property, comprehensive insurance covers damage to the company’s own property. These can arise, for example, from a wildlife accident.

Legal basis for the commercial use of private vehicles

For the self-employed, it often does not pay off to purchase a separate company car. The investment costs here would be far too high. That’s why many self-employed people, freelancers and small businesses fall back on their private vehicles and use them, for example, to visit customers or for business trips. This is possible without restriction and the extent to which an entrepreneur uses his private vehicle for commercial purposes depends above all on his own discretion. start-ups in particular often fall victim to the assumption that they are unrestricted insurance coverage of the private vehicle can use. However, anyone who has already carried out a car insurance comparison will have noticed that already at this point after private and commercial use the question is.

If the self-employed use their private vehicle for commercial purposes, they must declare this. In this case, the commercial use is included in the insurance policy. All damage caused to the vehicle by commercial use can be claimed from the insurer if the insurance cover is adequate.

Different types of insurance

In the car insurance comparison, different types of insurance are noticeable when selecting the individual benefits. As with car insurance for private vehicles, the same applies to the offer for company cars a rough differentiation between three types of insurance:

• motor vehicle liability insurance
• comprehensive insurance
• Partial cover insurance

motor vehicle liability insurance is required by law. It must already be proven during the vehicle registration at the registration office.

First and foremost, liability insurance serves to protect other road users. According to German law, those who cause damage must pay for it. So if you are responsible for an accident or. If you have caused this, you must financial compensation for all property damage, financial losses and personal injuries. This would mean financial ruin for the majority of drivers. that is why liability insurance was created. It covers all these damages. But even here, as the car insurance calculator shows, there are differences between the tariffs.

In the compulsory insurance law is in §4 paragraph 1 to 2 the legislator stipulates that the following amounts of coverage must be complied with:

• 7.5 million euros for personal injury
• 1.12 million euros for property damage
• 000 euros for pure property damage

As soon as you compare car insurance, you will come across offers where insurers advertise significantly higher coverage amounts. Whether these higher coverage amounts are of interest to a company must be assessed by the tradesman himself. However, experience shows that minimum coverage amounts quite enough for most accident scenarios. Many providers work with lump sums of 50 or even 100 million euros for property damage and financial losses. In terms of coverage for personal injury, most manufacturers opt for significant limitations. Usually only seven to 12 million euros per injured person are granted here.

Furthermore, there is the so-called comprehensive insurance. Partial and fully comprehensive insurance offered here. After the comparison of benefits and prices potential policyholders can opt for both types of coverage or just one. A comprehensive price comparison also shows which variant and car insurance is favorable for comprehensive insurance. fully comprehensive and partially comprehensive insurance cover various scenarios.

Fully comprehensive insurance

• Wildlife accident
• Damage caused by natural hazards
• Fire, explosion
• Theft, robbery
• Glass breakage

Further damage can be insured for an additional charge. This includes, for example, marten bites. A deductible can be added to the insurance policy.

• All damage caused by the driver or. owner himself caused
• Vandalism damage
• Hit and run by an unknown person
• marten bites

When changing insurance, there is always the possibility to decide for or against comprehensive insurance. Further applies in the car insurance test especially with these extensions, it is important to pay attention to the services of the providers, because in the fight for the favor of consumers, some insurers are now showing themselves to be very generous.

Different types of insurance in comparison: the best-known providers on the german market

If a car is used for business, the costs are often different from those for a purely private vehicle. There are many insurers on the german market that offer commercial and private car insurance. In a list we have compiled the best known insurers.

• insurance coverage for all types of vehicles
• With driver protection
• Workshop service with provision of a replacement vehicle

• Good results in the car insurance comparison
• 3 tariffs with different prices and different scope of benefits to choose from
• Modular system for optional services such as foreign damage protection
• HDI tanktaler as bonus program

• Optional with vehicle protection cover, driver protection, accident reporting service
• Excellent advice
• Discount protection avoids downgrading in the event of a claim
• Over 1500 partner garages in germany

• Classic car insurance with the meinoldtimer tariff
• insurance for car, motorcycle, moped, caravan
• Protection cover for worldwide mobility guarantee
• Allianz mobility club with avd bonuswelt

In addition to the insurers mentioned above, the following providers also offer liability insurance gmbh, freelancers, tradesmen and sole proprietorships attractive rates in the car insurance comparison:

• Sparkasse
• DEVK
• AXA

Factors influencing insurance rates

Many insurers in germany advertise that they offer car insurance at particularly low prices. As soon as companies then compare car insurance, it becomes apparent that these promises rarely correspond to realistic premiums. The tariff of the car insurance is always calculated individually. Although car insurance can be advertised as cheap, this does not necessarily apply to every vehicle owner. Basically, you have to calculate each car insurance taking into account individual factors. A important factor is the annual mileage. This is the number of kilometers driven within a year.

insurance cover is in principle only valid within the scope of the stated mileage. If the number of kilometers driven increases, you must report this to the insurer. This can lead to a subsequent increase in premiums.

In addition, the following factors the motor vehicle insurance:

• Regional classes
• Type classes
• Vehicle type

All these factors you have to specify when you compare the motor insurance. The regional classes are reassigned every year, which leads to significant differences here. In addition, the tariffs

• Place of residence of the policyholder
• Occupation
• Age
• Parking the vehicle

Takes into account. In principle, insurers do not consistently work with the same influencing factors. There are definitely providers who, for example, do not cover parking in the garage flow into the tariff calculation let. As a result, the market is very confusing for policyholders and a car insurance comparison takes time.

The driver’s no-claims class, or SF class, must also be entered in the rate calculator. If you drive accident-free for a long time, the percentages of the SF class decrease, which in turn reduces the insurance premiums. The classes define the no-claims discount, which is minimal for novice and young drivers and increases the premium. Who on the other hand drives accident-free for years, can expect significantly lower premiums when comparing car insurance rates. According to the insurers’ assessment, the safety and damage risk is very high for novice drivers. New drivers therefore often go into the no-claims class 0 a.

However, there are ways to avoid this. For example, those who participate in the "accompanied driving from 17 years of age" program benefit from more favorable treatment.

If you have 2 vehicles, as is the case with many smaller companies, for example, the second car is usually rated differently than the first vehicle. As a rule, the insurers assign this to the SF class ½ to. But there are many exceptions. There are also some insurers who use the same classification at this point as for the first vehicle.

If you change your car insurance, the SF class does not change. In this case, the no-claims bonus is taken over by the new insurer. The special feature, however, is that the no-claims class is transferable.

A written declaration must be submitted for the transfer of no-claims classes. A transfer is also possible if the policyholders are not customers of the same insurance company.

For rental car, for example, if the vehicle is to be insured for commercial use, different conditions usually apply than for a company’s self-used vehicles.

Cancellation of vehicle insurance

car insurance is one of the insurances that are changed most often. If consumers want to cancel their car insurance, a comprehensive car insurance comparison should be carried out in advance. Regularly the insurance contract can always cancelled at the main due date become. This is the end of the contract term.

The cancellation period for car insurance is one month. If you want to cancel your car insurance, you should do so in writing. It is imperative that the notice of cancellation is received on time. On request, the new insurers will also take over the termination of the contract. You can also change car insurance, If the premiums are increased, but the benefits remain the same.

In this case there is always a special right of termination. The special right of termination is granted to policyholders in three cases:

• The premium increase
• In the event of a claim
• When changing vehicles

In this case, too, notice of termination should be given in writing. If a vehicle is deregistered with the registration office, you should be informed about this the insurer also informs are then no longer required to have insurance coverage.

Deducting car insurance from tax

In principle, both employees and the self-employed can deduct the cost of car insurance from their taxes. If the self-employed want to deduct the car insurance, this is possible within the framework of the surplus income statement or the balance possible. Here it is tax deductible as a business expense. The insurance premiums therefore reduce the profit and thus also the tax burden.

Employees can also deduct car insurance costs. The legislator has defined a maximum amount for this. For employees a maximum of 1900 euro tax-deductible, for the self-employed 2800 euro. In this case, it is taken into account as part of the pension expenses.

In principle: the car insurance may not be deducted twice. Entrepreneurs who claim this as a business expense cannot enter it under pension expenses.

Taking out insurance with negative schufa information or. Creditworthiness

If you have a negative schufa entry, you are often afraid of being rejected by the insurer. If you compare car insurance, you will certainly come across rates that can be taken out without a schufa check. Basically, it is no problem to conclude a car insurance despite schufa. Most of the time, the car insurance offered by insurers without schufa to the so-called basic rates. The basic rates of the liability insurance meet the minimum requirements prescribed by the legislator. Even with high financial burdens it is therefore possible to take out car insurance immediately after a comparison online.

After selecting the appropriate tariff, it is possible to take out the insurance online without any problems. In order to be able to take out car insurance online, you must have the data of the previous insurer available. Here, the correct name of the company is especially important. Furthermore, the no-claims classes can be taken from the previous premium invoice.

In the context of the online conclusion can often also a cancellation service be claimed. This guarantees timely termination with the previous insurer.

Accuracy pays off when comparing car insurance

Companies, like private individuals, can use different insurances. The rates for commercial use often differ from those for private use. The statutory regulations and requirements are, however, largely identical. Car insurance rates are based on a number of factors. A high annual mileage and changing drivers play an important role, especially in commercial use. Both the conditions and the services there are major differences between the best-known insurers. While the motor vehicle liability insurance is a compulsory insurance throughout germany and makes the registration of a vehicle possible in the first place, comprehensive insurance is voluntary and can be used to provide further cover.