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Passenger car insurance

JW
26/10/2023
Question

Dear Community

I recently decided to purchase a passenger car.
However, I now have two questions:

1) Can I insure the car for 100% like other insurance policies? Or do you have to use the same percentage as for the passenger car itself?


2) For example, the annual insurance premium amounts to 1,000 euros, and the monthly premium amounts to 100 euros (i.e. 1,200 euros yearly). Is it possible to spread the full amount of 1,000 euros over the entire year to which this applies? Or does the full amount have to be included in the costs in one go?
Or would you recommend choosing the more expensive monthly option?

Thank you in advance for your help!

Same percentage as the car, after all it is a car expense.

2) You can spread it over the year, that is possible... But I would just include it in your expenses, in one go (the annual amount). But you can always spread it out, of course.

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You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.

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