Is it the most expensive policy?
Yes! And it makes perfect sense because this mixed policy will be activated so that your car can be repaired even in the event that you crash and are at fault.
Let’s go back to square one!
In the event of an accident for which you are to blame, Third Party Liability will compensate others for Bodily Injury and Property Damage you have caused. Own Damages (or Mixed) will be activated in order for you to bring your car to its previous condition.
This is why mixed insurance is more expensive than the rest.
What do I need to look out for when I choose Own Damages for my car?
Own Damages is one of the covers with an excess. You chose the excess amount yourself and it is inversely proportional to the cost of the policy.
So the more you increase the excess amount, the lower the policy you will need to pay.
Is a car checked in the case of Own Damages?
Yes! Before a policy is effective an expert will come to a location of your choice at a time you will agree on in order to check the car for existing damages.
How popular is the Own Damages?
The Greek consumer doesn’t tend to opt for the mixed policy unless it is for a new car.
Abroad however, people prefer the mixed policy so that they don’t need to worry whatever happens.