In times of crisis everyone feels in his pockets for wasteful spending to cut. The insurance of the car can be a good candidate for the cuts, because in good times we tend to over-insure our vehicle, adding coverage that far exceed those required by thecompulsory insurance.
Because it should be noted that the law only requires us to hire a civil liability insurance, Commonly known as third party insurance. This insurance covers the damage that a driver may cause to other drivers, passengers or public space. That is, we are required to have insurance that pays all the damage they caused.
But here ends our duty. New Insurance Regulations provides that the coverage of compulsory insurance should be unlimited, so it’s been a long gone the legal uncertainty that allowed the existence of an additional liability insurance.
Since 2008, it is sufficient to compulsory insurance of cars to comply with the law and be calm. Of course, we must realize that if we have any fault in an accident insurance company will be responsible for any damages suffered by us or our car.
The margin between the civil and personal responsibility is what allows insurance cuts car. In addition to compulsory insurance, insurance companies offer non-extended orblanket insurance policyOffering broad guarantees but at a much higher cost.
Ultimately, the decision should lie with each wire: is it worth it to hire only the compulsory motor insurance to save a bit at the end of the month?. The answer will have much to do with the price of our car, our economic situation and the confidence we have in our abilities to the wheel.
