Group purchasing to obtain discounts: the concept exists for energy, telephony, complementary health or home insurance. It is now possible for l’assurance auto and motorcycle, report The Parisian. A national group purchasing service has been offered since Thursday by the online comparator Selectra, in partnership with the association Families of France. A first in France in this sector.
Vehicle insurance is an important item of expenditure for the French. It costs an average of 640 euros per year for motorists and 500 euros for motorcyclists. And the prices tend to go up. “It has increased by 16% over ten years, in the high average of l’inflation “, explains to the daily Luka Payras, the director of the finance and insurance department of Selectra. In 2023, the increase should not exceed 3% on average, as this year.
No upfront fees and no commitment
People who are interested in this group purchase have three months to pre-register on Selectra’s website. There are no fees to advance and no commitment. Selectra seeks to mobilize a maximum of subscribers to have weight once morest insurers. The call for tenders will be launched next February and the final choice of insurer will be made in March. Subscriptions can then begin.
“We are going to see what the companies can offer the best in terms of price, guarantee and quality of service”, indicates Luka Payras who specifies that the offer must correspond to “a maximum of profiles”.
In 2021, Selectra and Families of France launched a group purchase for home insurance. Nearly 15,000 people had pre-registered and they were in the end 1,700 to have subscribed to the Assurtech offer. The start-up offered three free months of contributions in return for a one-year commitment, equivalent to a 25% discount on the price of the first year. Luka Payras hopes to do even better for auto insurance.
