The average annual price of car insurance is 767 euros, taking into account all the rates for comprehensive insurance, extended third-party insurance and third-party insurance. Among the factors that vary said price are different criteria such as the age and experience of the driverthe history of accidents, the characteristics of the vehicle or the parking lot.
Even so, due to the increase in the CPI (Consumer Price Index) the price of car insurance has been affected, slightly increasing its premium by 18% compared to last year.
According to Victor Lopezz, head of insurance at Rastreator, «car insurance is adjusted, among other variables, to the needs of each vehicle. Thus, the policy of a second-hand car that needs constant repairs and has parts that are difficult to replace will have a price similar to that of a luxury vehicle such as the Porsche Panamera or the Audi A7, since the cost for the quality of the parts replacement and maintenance will be similar«.
The high cost of parts and repairs, car policies have also been affected compared to previous years and one of the criteria that most varies the price is the model of the car.
In fact, as revealed by the ‘Ranking of the most expensive and cheapest cars to insure in 2022 according to Rastreator’, which analyzes the average car insurance premium of all the brands and models registered in the comparator, the Mazda RX -8 is the most expensive vehicle to insure this year along with the Porsche 911 and the Audi A7 Sportback.
On the contrary, the model of Dacia Springthe Dacia Jogger and the Lada Niva SUV are among the cheapest cars to insure.
In this way, the Mazda RX-8 It is positioned as the most expensive model to insure with an average price of 1,367 euros per year. In second position is the Porsche 911 (1,236 euros per year), followed by the Audi A7 Sportback (1,216 euros per year), the Nissan 350 Z (1,214 euros per year) and the Porsche Panamera (1,203 euros per year).
The Dacia Spring model is positioned as the vehicle with the cheapest average car insurance premium on the market (343 euros per year), placing an electric vehicle in the cheapest ranking for the first time.
In second place is the Dacia Jogger model with an average price of 354 euros per year, Lada Niva (361 euros per year) and the Suzuki Jimny (372 euros per year). In fifth position in the ranking is the MG ZS (376 euros per year), which stands out for being a new model and having a guarantee of up to seven years, which means that the cost of the policy is lower than that of other models.
Coches zombies
Any vehicle registered in Spanish territory must have mandatory insurance that covers, at a minimum, the civil liability of the driver for damage to persons or property in a traffic accident. however, according to the DGT, it is estimated that more than 2,600,000 million ‘zombie’ cars or vehicles without insurance circulate in Spain.
The most cautious drivers usually bet on comprehensive policies without excess that guarantee that the insurer will bear all the costs in the event of an accident. The objective of this type of insurance is prevent costs derived from accidents in which we have been responsible. However, a high percentage could be losing money with this type of policy by never paying them off.
The least demanded coverage by the Spanish is the withdrawal of the card, which barely exceeds 9.5 million contracts. The legal defense, which more than 27 million Spaniards contracted in 2019, consists of the legal support of the insured by the insurance company. As a general rule, during the first two or three years of a vehicle it is advisable to take out an all-risk policy, from 5 years old opt for an extended third party and for third party coverage basic from 10 or 15 years of vehicle