Partial accident insurance for used cars

Partial accident insurance for used cars

"Many used car drivers find fully comprehensive insurance for their car too expensive. However, they still don't want to take any risks and want to insure against the financial consequences of accident damage to their own vehicle and have the repairs carried out by their qualified specialist company. Our partial accident insurance is designed precisely for this target group," explains Heinz Steinbacher, main representative of Garanta Austria. The new tariff covers accident damage, parking damage and wildlife damage (except natural forces and glass breakage) to used vehicles with a vehicle age of 12 months or more.

Deductible with subsidy

If the customer has taken out partial accident insurance directly at his vehicle company and has his damage repaired at this company, he will receive a subsidy towards the deductible. In addition, he receives a voucher from his vehicle company for each insured claim, which reduces the total deductible to half. Klaus Edelsbrunner, federal representative of the vehicle trade in the Austrian Chamber of Commerce, developed the insurance solution together with Garanta. "It was important to us to offer our member companies an insurance solution for the large number of used car customers that was previously not available on the market. The design of the deductible ensures additional workshop sales and helps to strengthen customer loyalty to the car dealership," says Edelsbrunner.