Auto insurance bonuses and penalties

Clause bonus / malus auto insurance covers all land motor vehicles. It excludes motorcycles with a cylinder capacity not exceeding 80 cm3.

The bonus - malus is applied by all insurance companies because they have the legal obligation. It rewards good drivers and penalizes drivers with accidents:

Bonus points lower the amount of your annual premium insurance.

The penalty points are climbing.

Clause bonus - malus listed on your auto insurance policy has the same function regardless of your insurance company. It is described in section A121-1 and it’s Annex to the Insurance Code.

The only variants:

The premiums (which is free) multiplied by your bonus or malus.

Specific cases.

Tips for good and cheap car insurance

Bonus malus: a single operation for all insurers

You receive each year before the expiry date of your auto insurance:

The amount of your contribution reference.

Coefficient of your bonus - malus sometimes also called coefficient of reduction / increase (CRM).

The insurer multiply your annual contribution referred by a factor of bonus / malus calculated according to your claims for the year. This rate increases or decreases your annual premium auto insurance:

Departure rate (the first subscription): 1.

Each year without accident lowers the rate of 5%; note that if the year is not complete compared to the anniversary date of the contract, there must be a minimum of 270 days of actual insurance;

Each accident in which you are liable increases the rate of 25%.

Your rate of bonus / malus is kept in case of:

Change of vehicle.

Purchase an additional vehicle (if you already have other vehicles with rate bonus - malus different, it applies to the premium for your new vehicle average of the different rates for the reflection of the overall reality of your loss).

Change insurer.

Suspension of your contract (maximum 2 years - year limitation period).

These four situations are conditioned to the fact that there is no change in the primary or secondary drivers. Otherwise, your insurance with you redefine the reality of the risk of the new situation (especially when the children of the insured, with new permits, begin to drive).