How much does comprehensive car insurance cost

Fully comprehensive: comprehensive protection for cars, motorcycles and co.

Motor vehicle liability insurance is required by law for every owner of a motor vehicle. Without it, you won't get any vehicle registration at all. In addition to this compulsory insurance, you can also insure your motor vehicle (e.g. a car or motorcycle) with fully comprehensive insurance. In this way, you cover other everyday risks comprehensively and protect yourself against high costs that can quickly arise in the event of damage to the vehicle. The CLARK experts will help you find the right fully comprehensive insurance for your needs!

This page at a glance:

What is comprehensive insurance?

Fully comprehensive insurance is a voluntary supplementary insurance for motor vehicles. It usually includes the full scope of protection of a partially comprehensive insurance policy and extends it to include extensive risk coverage in the event of collision damage.

You don't always need fully comprehensive insurance for your vehicle. For example, if you have an older car, partial coverage may make more sense. Here we explain the difference between fully and partially comprehensive insurance.

Does fully comprehensive insurance pay for self-caused damage?

A fully comprehensive insurance covers both self-inflicted and third-party damage to your own vehicle. A particularly important aspect: the insurance cover also extends to damage caused by third parties in which the person who caused the accident leaves the scene of the accident without permission (hit-and-run). In addition, fully comprehensive insurance covers damage caused by third parties that the person who caused the accident cannot pay due to insolvency or lack of insurance. In this way, it ensures that you as the insured person do not have to endure high costs. Even damage to the vehicle caused by vandalism is usually covered by a good fully comprehensive insurance policy.

What does a fully comprehensive insurance not pay?

Some assume that the term “fully comprehensive” means 100 percent coverage of all types of damage to the insured vehicle. However, this is not the case. The extensive insurance cover does not cover wear and tear or defective engines. In addition, the service can be provided in stages, depending on the insurer and the claim. For example, the insurer may only reimburse 20, 40 or 80 percent of the damage, depending on the circumstances. Here you should carefully check the details in your contract in advance.

What are new value and current value?

You should know these terms well. Just like the partially comprehensive insurance, the fully comprehensive insurance generally reimburses the current value at most, but not the new value of the vehicle, in the event of a total loss or loss. The values ​​differ as follows:

  • The new value is the amount you would have to spend to buy exactly the same vehicle at the current time. It doesn't matter how much your car, motorcycle or other vehicle originally cost.

  • The current value, on the other hand, describes the value that the property had at the time of the damage. To determine this, one looks at the new value of the vehicle and subtracts the depreciation due to age, use and wear and tear.

You can take out an add-on that insures the vehicle at replacement value for up to 48 months after purchase.

What is CAP coverage?

If you want to lease or finance a vehicle, GAP protection is important. Partial or fully comprehensive insurance usually covers the replacement value - i.e. the current value - if a total loss or theft occurs before the leasing contract expires, you have to pay the difference. The GAP cover protects you against this "security gap".

When is fully comprehensive insurance worthwhile?

Car insurance in the form of fully comprehensive insurance is particularly suitable for new cars as well as for vehicles that still have a high value after a while. In these cases, extended protection that goes beyond the basic protection of a partially comprehensive insurance is practically always useful. This also applies to cars and motorcycles that you pay off with a loan. Why? Imagine your new car or motorcycle is ready for scrap after an accident caused by someone else. However, the person who caused the accident is not insured or cannot settle the damage. In this case, you are rid of your car and sit on the damage. A fully comprehensive insurance offers the greatest protection here.

How long is fully comprehensive insurance worthwhile?

Roughly speaking: the older your vehicle, the less it is worth fully comprehensive insurance in most cases. Because the current value of the vehicle often decreases with age and use. And the lower the current value of your vehicle, the more it can be worthwhile to switch from fully comprehensive insurance to partially comprehensive insurance. Although the level of protection is lower here, the insurance costs are often lower. In any case, before changing, you should carefully check which protection is best for your vehicle. You should also take personal factors into account. For example, do you have a no-claims discount? Then this can reduce the possible price advantage of a partially comprehensive insurance and it can definitely be worthwhile to remain in the fully comprehensive insurance and to enjoy the more comprehensive protection at favorable conditions.

Is it worth taking a deductible with fully comprehensive insurance?

Just like with partial coverage, you can also agree to a deductible with fully comprehensive coverage. This means that you pay for the costs of repairing damage to the insured vehicle up to a certain extent yourself, without taking out the protection of your car insurance. In this way, you save the insurance company, above all, administrative costs - i.e. the bureaucratic effort of settling minor claims for you. In return, the insurer rewards this with a premium discount.

When it comes to the amount of the deductible, you usually have several options. For the partially comprehensive insurance, a deductible of 150 euros is often standard. With fully comprehensive insurance, most policyholders opt for a deductible of 300 euros.

Damage to the vehicle that the insurer pays for you can reduce the no-claims discount. It can therefore be worthwhile to pay for damage up to around 1,300 euros yourself and to set the deductible for your car insurance accordingly high. The resulting lower contributions usually more than compensate for such an investment.

Can I also take over damage at a later point in time?

If you are not sure whether you can pay the damage out of your pocket, it is a good idea to have the car insurance pay for the damage first. In retrospect, you can still decide to “buy the damage” from the insurance company and in this way to keep or restore your no-claims discount. So you can calmly calculate whether the whole thing is worthwhile for you.

How high are the costs for fully comprehensive insurance?

You will not find a blanket indication of how much fully comprehensive insurance costs anywhere. A fully comprehensive insurance does not always have to be more expensive than a partially comprehensive insurance. There are many factors that go into calculating the cost. These include, for example:

  • Vehicle model (type class)

  • Age of the vehicle at the time of purchase

  • Age of the policyholder / driver

  • Period since the driver's license was issued

  • Mileage per year

  • private and / or (exclusively) commercial use

  • Years of accident-free driving (no-claims class)

You can also significantly influence your premium with a deductible. In order to find a cheap fully comprehensive insurance, you should definitely compare several offers with each other and calculate or have the most favorable conditions calculated. You can find numerous calculators online that provide a good overview. But be careful: don't just pay attention to the price! CLARK experts can help you choose the right offer.