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Best car insurance: the 2023 ranking of insurers

How to find the best car insurance?

There is no such thing as auto insurance better for all policyholders. On the contrary, there are many insurance offers and it is up to the insured to find the one that offers the best quality/price ratio, whether he is looking for a first insurance or wants to change insurance. Fortunately, the LeLynx.fr comparator is by your side to help you compare auto insurers and find the one whose contract suits you the most!

Compare insurers and generate different car insurance quotes for free in minutes with LeLynx.fr, the car insurance comparison specialist!

What is the best car insurance?

Ranking of the best car insurance 2022/2023

This ranking of insurers it is established every year by the specialized site The Argo of insurance on the basis of the turnover, excluding taxes, declared by each insurer. The revenue figures shown are specific to personal motor insurance and exclude fleet and two-wheeler vehicles. Remember, however, that this ranking is provided here for information only and that other criteria should be taken into account which will be discussed in the following lines.

Ranking of the best insurers (by turnover and number of contracts):

The best car insurance is the one that suits your needs!

Choose the right car insurance formulas and guarantees

Best car insurance ranking 2022 car insurers good formula guaranteed

While liability insurance (also known as “public liability”) is the minimum mandatory coverage, drivers are advised toevaluate their needs before choosing an auto insurance contract. Indeed, liability insurance, suitable for an aged vehicle or a young driver who wants to save moneyit is not necessarily suitable for all profiles.

You may need additional car theft or glass breakage insurance coverage to benefit from better protection on the road. Comprehensive accidental damage insurance is the most comprehensive form of insurance.with among others the driver’s personal guarantee, which covers physical damage suffered by the driver in the event of a faulty road accident.

Other criteria for selecting car insurance

Self the car insurance formula and guarantees are among the most important components of the contracts that you can subscribe to, they are not the only ones. Indeed, some services included in the guarantees may be less attractive from one car insurer to another. This is for example the case for the period before we can provide you with a replacement vehicle following a traffic accident. Most insurers will provide you with another car insideone or two weeks. However, an insurer may not be able to meet these deadlines and will mention a longer waiting time!

Clients will also mention the customer service and especially the claims handling which falls short of the reputation of some motor insurers. It is therefore an element to take into consideration. Do not hesitate to find out and make your own comparison! Visiting a few agencies from different groups can help you get a general opinion of an insurer.

Compare car insurance to choose the best one

Using an insurance comparator is an essential way to bring your competition into play and make sure you always benefit from the best car insurance policy. An online form allows you to simulate tailor-made car insurance quotes. The insured only has to do a comparison of guarantees, deductibles and rates of each car insurance to find the one that suits him best.

What to know about the car insurance deductible?

The car deductible corresponds to the sum that remains to be paid by the insured in the event of an accident. after the indemnity or reimbursement paid by the insurance. When a deductible is high, the insurance premium is usually lower. In reverse, a high premium will be accompanied by a lower deductible.

For the insured it is a question of estimating the probability of suffering an accident with his own vehicle. If this probability is low, it may favor a high deductible and low contributions, and vice versa.

Which insurance is better for which profile?

Since policyholder profiles are diverse, it is not possible to designate an auto insurer that is the best, both in terms of price and protection, for all policyholders. Each profile presented has aspects that are specific to it and not all motorists have the same coverage needs.

There are profiles of traditional drivers, with years of driving experience and a low number of accidents to their credit, but also “at risk” drivers. We will think in particular about the drivers:

  • Youthwho see their insurance premium automatically increase during first 3 years after obtaining the driving license;
  • Maluswhich in recent years have accumulated a large number of responsible claims and therefore present a significant risk which must be covered by the insurer;
  • Terminated, whose contract was terminated by the insurer (for non-payment, excessive claims, car insurance fraud, etc.), are among the policyholders who have the greatest difficulty in taking out new insurance.

Some insurers offer insurance offers specially designed for these risky profileswhich allows them to benefit from the best possible insurance in terms of price and coverage.

There are ways to get rid of this risky driver image for young drivers. The latter can be signed up for a contract as a second driver in the first few years, especially as responsible driving allows the bonus to accumulate over time.

Sign a contract with a specialized insurer

Best car insurance ranking 2022 car insurers conclude a specialized contract

While most motorists will find the right insurance for them among the leading ones on the market, others will need to do more research to find one that meets their needs. There are insurers specializing in vehicle protection :

Furthermore, some profiles of motorists described above will have every interest in turning to a specialized insurer, not only because their car insurance premium will be cheaper and, above all, because it will be the only car insurance ready for them. their vehicle. It must be saida severely maladjusted driver or less experienced youngster will find it much more difficult to get a car insurance contract compared to those with several years of no claims under their belts.

Sure, some ‘traditional’ companies may accept these types of drivers but they will charge you for insurance at a price which may prove dissuasive.

Which insurance is better for which vehicle?

As you will have understood, properly covering a car is above all a matter of necessity. In fact, not all vehicles require the same level of protection: a new and expensive vehicle can be insured against all risks to be prepared for all eventualities whilea used car with many kilometers can be insured with third partieswhich will only cover damages caused to third parties.

Depend on side of a carOf cost of spare partsits age, its use or even its engine (petrol or diesel, hybrid, electric, etc.)it is essential to define all the guarantees (theft, glass breakage, fire, etc.) And options (km 0 assistance, roadside assistance, replacement vehicle, etc.) essential to benefit from good compensation in the event of an accident.

Get the best car insurance

Best Car Insurance Ranking 2022 auto insurers sign up

Once you’ve found the best auto insurance to suit your needs and budget, you’ll need to complete your subscription paperwork. Therefore, you will need to provide several documents, including:

  • Registration certificate : also called the vehicle registration documentso that the insurer knows all the information about your vehicle;
  • Driving license : this document must be valid and suitable for the category of the vehicle you want to make sure;
  • Information report: this document allows you to tell the insurer about your driving history via the famous bonus-malus coefficient.

You will then receive yours certificate of insurance (or “green card”)that is, a provisional certificate, pending the definitive one that you will receive by post.

In summary, the best car insurance is above all the insurance that is most suitable for the vehicle in question and its driver, taking into account the assigned car budget. By doing an online auto insurance comparison, it’s easy to find the best value for your insurance.

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Frequently Asked Questions (FAQ)

When can I change my car insurance? 🔁

Cancellation of the car insurance contract is possible at each annual deadline. It will be sufficient for the insured to express to his insurer his will to withdraw from the contract two months before the deadlineby registered mail with acknowledgment of receipt.

Can I cancel my car insurance without proof? ❌

Of course ! You need not cite any reason for leaving the insurer. A simple registered letter at the end of the year of employment is sufficient, provided that you have honored your contract for at least one year.

What is the largest insurance company in the world? 🏆

L’2022 edition of the “Forbes Global 2000” ranking. (which brings together the 2,000 largest joint stock companies in the world, published by the American business magazine Forbes) reports the following top 5 of the insurance sector:

  1. Ping an insurance group (China, 17th company in all sectors);
  2. UnitedHealth Group (United States, 22nd);
  3. Allianz (Germany, 35th);
  4. AXA Group (France, 48th);
  5. Life insurance in China (China, 71st).

To learn more about the best insurance:

Nabil is the author of this page. To find out more about our editorial team, Click here.

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