Is the cheapest car insurance always the best?
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Is the cheapest car insurance always the best?

Why is Liability Insurance Most Important?

First of all, the main purpose of liability insurance is to protect other road users – potential victims of road accidents. As the policyholder, we will never receive any compensation from him. Liability insurance should be clearly separated from other types of insurance.

Secondly, regardless of the cost of the OSAGO policy, each insurance has the same conditions for the maximum guarantee amount. This is regulated by the Law of 22 May 2003 on Compulsory Insurance, the Guarantee Insurance Fund and the Polish Motor Insurers' Bureau. From 2019, the sum insured is EUR 5 for bodily injury and EUR 210 for property damage.

Thirdly, third party liability insurance is mandatory for every registered car, even if it has not been used for several months (with the exception of vintage cars). And this is actually the only reasonable argument in favor of buying the cheapest OS.

Fourthly, the requirement for its presence follows from regulations, and its absence is associated with high penalties. For car owners, the amount of fines can be shocking given the price of OC. To illustrate why you should not delay buying a policy, here are the amounts of applicable fines:

  • delay up to 3 days - a fine of 112 euros
  • delay from 4 to 14 days - a fine of 280 euros
  • delay more than 14 days - a fine of 560 euros

Therefore, it is worth remembering in advance about the conclusion or extension of a valid policy, since a simple police check can turn out to be an extremely costly event for us.

Very often, for relatively little money, we can fulfill a legal obligation, protect the interests of potential victims, and be able to borrow a car to a loved one without fear. The purchased policy applies to the car and protects all drivers and passengers.

Luckily, third party liability insurance is the only thing we have to buy. However, there are other types of insurance that are useful in the day-to-day use of a car that are worth having. For many years, accompanying insurance has been available on the market, which, on the one hand, protects our life, health and vehicle, and on the other hand, helps a lot in accidental situations such as a breakdown.

Insurance AC ie. Auto insurance

This is the first of the additional insurances that very often accompanies third party liability insurance. Its presence provides us with compensation or repair costs in the event of:

  • participation in a collision due to our fault or the inability to find the culprit,
  • car theft,
  • damage to the vehicle, e.g. from flooding, being crushed by a tree, etc.

Based on the above events, one can imagine what financial losses we would be exposed to if one of the above situations occurred. AC policy happens:

  • in a package with OS for a relatively small surcharge,
  • as full event protection as a separate product for which we have to pay much more than if we bought the OC/AC package.

In the TU offer, auto insurance differs in the amount of coverage, the amount of possible claims and the price of the policy. We can, for example, choose a car hull that will only protect us in the event of theft of the car.

As is often the case, the cost of insurance is usually assessed only after the damage has already been done. One thing is for sure, paying for an AC will pay off many times over in the case of, for example, cullet, the repair costs of which are usually in the thousands of zlotys, and in the case of more expensive cars even tens of thousands.

NNW, i.e. accident insurance

This is another policy as important as the AC. Its task is to protect the health and life of us and our passengers.

In the event of an accident, we are entitled to compensation for the costs of treatment or death in the amount specified in the accident insurance contract. Of course, the higher the amount, the better.

Help, i.e. assistance in emergencies

Assistance is insurance that will help us get out of situations such as a car breaking down on the road, preventing further movement, burying ourselves in snow, mud, etc. What you should pay attention to when buying an assistance is its range. It is very often very limited. In the event of problems in the city, it does not matter, but in the event of a breakdown on the further route, the insurer may refuse to tow us.

Window insurance

Anyone who has ever had the opportunity to replace broken glass knows how expensive this service is. Contrary to appearances, it is not so difficult to break it, for example, as a result of stone chips on the road. With the right policy, we don't need

Third Party Liability Insurance will not provide us with full protection

We already know what types of insurance are and why you should use them. At the same time, you should be fully aware that third party liability insurance alone will not provide you with the best protection. so-called OC policy addenda, i.e. mini air conditioners usually have a very limited protection range. The cheapest OS plays the role of bait, which should interest the client in the offer of this insurer. Thus, this is a kind of starting point for the purchase of further policies, and, as a result, the purchase of a complete package that will provide us with full protection in almost all circumstances. It is not important to save on insurance at any cost, because its cost is almost symbolic, given the possible costs of repairs, loss of a car, not to mention the cost of treatment.

Where to look for the best auto insurance deals?

The best thing is by comparing many of them. Such a convenient opportunity to compare several insurers in one place is provided by the comparison site Punkta.pl. The calculator available there allows you to reliably calculate the cost of insurance, taking into account many factors. You can choose full protection or only OC.

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