Undoubtedly, transport-related expenses are one of the most important expenses of the French budget, whether they are modest or rather well-off. Think about it, it represents on average between 12% and 14% of a household’s budget . Take a look at this article, it has some interesting numbers. In this area, the car obviously holds a place of choice and many people consider that their vehicle is necessary for them. But are you sure? Because if you are looking to better manage your finances on a daily basis, looking at the expenses associated with your car is undoubtedly a track that deserves to be dug…
Whether monthly or annualized, insurance for your vehicle is an obligation. But are you sure that the one you have corresponds correctly to your needs ? Is the all-risk insurance in place on your car watch dating from 2002 really justified? Wouldn’t third-party insurance be much more relevant in this case? Each situation is unique, but be vigilant on the subject. Also check the different clauses of your contracts and focus only on the items you need.
Also keep in mind that competition is very often good. Use and abuse online comparators . Even compare the comparators with each other 🙂 . If so, I assure you, you could have pleasant surprises. In this age of internet, online insurance very often does well by combining quality and seriousness. This is the case, for example, of the famous Direct Assurance, where I have been with for a year, or of AllSecur, a subsidiary of the renowned Alliantz group. The latter are also currently offering a contest with 5 Coyote S boxes up for grabs worth almost €200. It’s here that it happens ! And for iGraal followers, €15 cashback is offered for new policyholders.
A little tip if you still want to lower the price of your insurance: by increasing the different deductibles, you can reduce the price of your insurance. It’s up to you to find the right balance between these two items. In the same way, avoid the monthly payment: the insurance very often asks you for a small additional fee … Instead, put the amount to be paid aside on a booklet A or similar. Certainly, you will not earn hundreds of euros in this way, but it will save you from paying a few additional euros to your insurer!
By putting into practice the advice I mention in this paragraph, I reduced my annual bill by more than €300 last year. So don’t hesitate to do the same! 🙂
Are you a city dweller? Is your home/work journey properly served by public transport? Perhaps your car is not as essential as you think … I took the plunge last year by parting with my little car. Result ? 72€ saved each month, it’s nice, isn’t it?
In total, I have thus reduced my budget by 100€ per month. Of course, not everyone can afford to part with their vehicle. But I hope that this article will have convinced you that it is possible to reduce, sometimes greatly, your car expenses.
Do you have any other tips to share on the subject? Feel free to share your experiences, see you soon!