The Period of Paying for How Much You Use in Car Insurance Has Started…

Insurance companies have put special car insurance products on the shelves for customers who use their vehicles limited to 500 to 1,000 kilometers per month. The price of these products, which have all the coverages found in extended car insurance except for the mileage requirement, is up to 50 percent cheaper…
The decrease in vehicle usage due to increasing fuel costs, hybrids or working from home has also mobilized insurance companies. Now, special products for those who use their vehicles safely and less have started to take their place on the shelves. The prices of these products, which are specially issued for those who use their vehicles limitedly, such as 500 to 1,000 km per month, are up to 50 percent cheaper than extended car insurance products.
Although the products are cheap, their scope is quite broad. Almost all of the classic car insurance coverages that cover all risks described as extended car insurance are available in these policies. The only exception to this product is that you have not exceeded the monthly mileage limit determined by your insurance company. If you go on vacation or use your vehicle for more than the specified mileage for that month, you cannot benefit from the special discount for that month. There are currently only a few companies in the sector that offer this product.

There is a monthly limit of 500 km
For example, Anadolu Sigorta has introduced Başka Kasko, a special insurance policy for customers who use their vehicles less. Anadolu Sigorta Deputy General Manager Taylan Matkap, who explained that Başka Kasko Insurance, which is a comprehensive insurance product, provides a price advantage of up to 40% per year thanks to its pricing feature based on vehicle usage, said, “We provide advantages to vehicle owners with its affordable price, money points feature and extended insurance coverage.
Vehicle owners who prefer this product can earn up to 40% of their monthly premium installments as money points by showing that their monthly vehicle usage is less than 500 km. This product is very suitable for vehicle owners who use their vehicles less for various reasons but want to benefit from extended insurance coverage.”

Replacement vehicle is exempted
Başka Kasko Insurance can currently be arranged for private cars under 15 years old. The coverage is the same as the coverage offered in the Extended Kasko product. Stating that only the IMM (Optional Financial Liability) limit is reduced and the replacement vehicle is excluded from the scope of assistance services in this product as an exception, Matkap continues his words as follows;

“However, all other assistance services are offered in the same scope as the extended kasko from towing to valet. While Başka Kasko Insurance provides ease of payment with installment options of up to 12 months when purchased, it allows those who use their cars less to earn 40% of the total payment premium as Money Points for one month. The money points earned can be spent at contracted companies.

In order to earn points, it is sufficient to upload a dial photo and report the mileage information via the Sigortam Cepte application every month. In months when 500 km is exceeded, even if our customers do not earn points for that month, their right to earn points continues in the following months. We can see the interest shown in the product by looking at the number of customers who receive offers.”

You pay for what you use

ACN TURK Insurance has introduced two special insurance products for customers who use their vehicles less. The first of these is Pay as Much as You Use, and the other is Pay If You Have an Accident Insurance…
Both of these products are more affordable compared to classic extended insurance products for those who do not use their vehicles every day… Stating that the Pay as Much as You Use product is a policy recommended for those who use their vehicles less than 1000 km per month, Acn TURK Insurance General Manager Ali Murat Dişci says, “A device that measures the distance and driving quality of those who have this insurance is installed in the vehicle of those who have contracted service points.

Following a minimum premium received primarily for natural disasters, the policyholder is informed of the premium amounts to be received according to monthly vehicle use and the payment is received on a monthly basis. It is a policy that provides serious advantages for those who are sure that they use their vehicles less. The driver’s safe use is also scored, and premiums are received by making an additional discount from the tariff for insured individuals who drive safely.” According to the information provided by Dişçi; those who purchase this product can benefit from discounts starting from 50% for 500 km of monthly use. Stating that a standard car insurance policy is based on an average annual usage of 15 thousand km, whereas in Pay as You Use, they provide a price advantage to those with low annual usage, the lower the usage, Dişçi says, “If usage increases, the monthly payments naturally increase, but the annual premium the insured will pay does not exceed a maximum of 40% of a standard car insurance policy.”
Pay if you have an accident is 40-50 percent cheaper
TURK Sigorta’s second product targeting customers who use their vehicles rarely and carefully is Pay if you have an accident Kasko… Stating that this product is a policy that is 40-50% more affordable compared to its counterparts, Ali Murat Dişci says, “In this product, half of the premium calculated at the beginning is collected with the maturity date desired by the insured, and if the insured requests compensation following a damage according to the policy scope, the remaining premium is collected. If the insured does not request compensation during the policy period, the policy ends with the premium paid at the beginning.

This means serious savings. If You Accident, Pay Kasko is no different from our best product, Dört Beklü Kasko. It covers all coverage and assistance packages. All coverages included in the insurance policies such as collision, collision, theft, glass breakage, fire, discretionary financial liability, personal accident, vehicle towing, replacement vehicle provision, etc. are available in the policy content with the desired limits. Although our sales have remained at modest numbers so far, the sales of these policies in our portfolio are also increasing regularly,” he says.

Source: https://www.dunya.com/sektorler/kaskoda-ne-kadar-kullaniyorsan-o-kadar-ode-donemi-haberi-735776