Clipping of news on Brazilian Culture, Law and Citizenship
08/29/2016
This article was translated by an automatic translation system, and was therefore not reviewed by people.
transparent image
Did you know that the cheaper the insurance, the most expensive franchise? Understand which type is right for you
Do you know what the real meaning of deductible on your car insurance? In short, it's simple: the franchise is a value that will tell you whether it is worthwhile or not use it in case of strikes or damage to the car. Complicated? Suppose the deductible on your insurance is R$ 1,000 and you suffer a collision. If the repair cost more (preferably much more) than R$ 1,000, so it pays to trigger the franchise, because the rest, who will pay your insurance.
Although simple opinion, the use of deductibles cause many questions to consumers. It analyzes what the economist and creator of the Cheapskate blog (which gives tips on insurance), Jessica Dalcol. "We have received dozens of questions about insurance deductible every day. This shows that the average consumer has little knowledge on this subject."
Let's take another example: even with a deductible of R$ 1,000, you missed the entrance of a parking lot and gave that stroke that damaged the right front of his car, causing even some mechanical problems besides damaging the bodywork. You quoted that in that case to pack everything will cost R$ 2,000. Then you pay the deductible, only, and the remaining R$ 1,000, is who pays the insurance. Understood?
For this special week in Claim HERE News, our reporter spoke with two experts in the field to detail everything you need to know about franchising in case insurance.
Types of franchises
There are mainly four types of franchises used in the market. Using the clear Portuguese, has the normal (100% value), the costing half (50% of normal postage) or 25% of the normal value (reduced deductibles), in addition to that cost twice (200% of the franchise), called premium franchise.
Dalcol, which also gives tips on insurance on your YouTube channel, shows that the most widely used franchise is called the standard franchise. She explains that every driver has a profile to use each type of franchise. "The deductible is the amount you will pay to repair. So if you have many cases of collisions, recommend the normal or reduced deductibles. Now there are drivers who drive less or who have older cars. For these can hire normal or even increased. "
Franchise cheaper or cheaper insurance: how to know?
Keep this logic! The lower the amount of insurance, the higher the deductible. The higher the value of the insurance, less the deductible. Besides knowing your profile as a driver - and be faithful to him, of course - you can know what the ideal franchise through another little rule. "We can say that it is worth doing reduced franchise whenever the price of insurance with reduced franchise cost less than double insurance with normal franchise. After all, you will be paying less than double to have a franchise twice lower," explains Jessica .
Example
The broker offers you two levels: one is the insurance in the amount of R $ 2,000 with normal deductible of R $ 1,800. Another option is safe to R $ 2,300 and reduced franchise, from $ 1,000. If you use much the car is most vulnerable, taking the most expensive insurance can be better. "Because the franchise is smaller, easier to fix minor damage," explains Jessica "
For the specialist Eduardo Aparecido, the EDAP broker, always the best option and reduced franchise. "I recommend and prefer to pay more. It was six years without insurance, but in a year, I had to drive the franchise three times. In the end, saved by having a lower deductible," he said.
Franchise required?
Eduardo, who is in the business as a broker for 10 years, says the franchise is mandatory in any car insurance, but there are exceptions. "The driver can hire a clause exempting the franchise in the first claim, but only some insurers work with this service. It is good to ask before," he recalls.
Legally, the obligation happens in comprehensive insurance coverage (popularly called "total"), which covers collision, fire, theft.
The deductible is applied to cases of partial loss, ie when the vehicle is repaired through insurance. Jessica Dalcol also explains that the obligation to pay in these cases is provided in the General Conditions (or Insurance Manual) which are the clauses of the policy. "The SUSEP Circular No. 256/04 allows the franchise charge in these terms. In such cases, the insured pays the deductible and the insurance company pays the difference above the franchise to make the repair. The deductible is paid by the insured directly to the garage, and not the insurer as most people think, "she adds.
For total loss of coverage or robbery and theft without car recovery, or any situation in which full compensation occurs, the collection of franchise is prohibited. "This information is contained in the SUSEP Circular No. 269/04," adds Jessica.
Source: Complain here
To access the site Complain here, click here.
Our news are taken in full of our partner sites. For this reason, we can not change their content even in cases of typographical errors.
This article was translated by an automatic translation system, and was therefore not reviewed by people.