Helvetia innovates with a new comprehensive insurance policy in Switzerland

Helvetia Baloise Holding AG has just launched a new comprehensive insurance policy in Switzerland, positioned between full and partial comprehensive coverage. This new offering, called total damage comprehensive insurance, combines the benefits of partial comprehensive coverage with total damage coverage for collisions, but at a lower cost than full comprehensive coverage. This innovative product is particularly appealing to owners of vehicles around ten years old.

The figures reveal that 90% of policyholders are private individuals, primarily for passenger cars and motorcycles. According to Helvetia, the premium for this insurance is a third lower than that of comprehensive coverage. Primarily aimed at older vehicles, this solution combines essential protection with a competitive price, thus filling a gap in the Swiss car insurance market.