Money & WorkHow it works
How one small dent keeps costing you for years.
In German car insurance, every claim-free year moves you up a no-claims class and cuts your premium rate: from roughly 100 percent at the start to 20 percent or less in high classes. One reported claim pushes you back several classes from the next year.
Useful: That is why drivers compare the multi-year cost of losing classes with simply paying for the repair.
Source: de.wikipedia.org