At the end of November, the key date for changing car insurance returns. Retirees, commuters, novice drivers and company can save a lot, as our comparison shows.
Munich – Inflation has now reached auto insurance as well. It was only a matter of time before the price screw was reversed here too. So it’s worth keeping an eye out for a new and better rate this fall. The deadline for this is usually November 30th. In most cases, policyholders can cancel their contract on this day in good time if they hope to save money by switching, for example.
And there are obviously plenty of opportunities to save. This is proven by Check24’s insurance comparisons. The comparison portal has for Merkur.de calculate how much novice drivers, commuters, retirees and electric motorists can save by switching insurance this year.
Car Insurance: Inexperienced drivers can save more
Change of insurance on 01.01.2023, woman (born in 2003)participation in accompanied driving, single, student, Smart Fortwo Coupé 1.0 (1313 / AHN), first registration: January 2015, purchase and owner registration: April 2022, cash purchase, private use only (including commuting), 8,000 km / yearvehicle user: contractor, house not occupied by the owner, (public) road, annual pass for public transport, Liability (SF 1/2) and partial insurance with 150 euros SB, workshop of your choice: all rates, methods of payment of the annual fee; First vehicle, owner: contractor, no points, without telematics, 81929 Monaco
Commuter car insurance: potential savings of up to 790 euros
Change of insurance on 01.01.2023, male (born 1991)marital union, dependent, no child in the family, Opel Astra-J 1.7 CDTI (0035 / AKO), first registration: January 2013, purchase and owner registration: February 2015, cash purchase, private use only (including commuting), 25,000 km / yearvehicle user: contractor, condominium, parking (public), ADAC, Liability (SF 9) and integral (SF 9) with 300 euros SB incl partially inclusive with 150 euros SB, workshop of your choice: all rates, methods of payment of the annual fee; First vehicle, owner: contractor, no points, without telematics, 80939 Monaco
Retirees can also save on auto insurance
Change of insurance on 01.01.2023, male (born 1955)married, retired, without children in the family, Mercedes-Benz E 200 CDI (1313 / BHJ), first registration: April 2014, acquisition and owner registration: May 2017, cash purchase, private use only (including commuting), 7,000 km / yearvehicle users: policyholder and spouse (born 1960), no residential property, parking space, Bahncard 50, Civil liability (SF 40) and partial insurance with 150 euros SB, workshop of your choice: all rates, methods of payment of the annual fee; First vehicle, owner: contractor, no points, without telematics, 80995 Monaco
Electric car drivers: Here, too, it may be worth changing insurance
Change of insurance on 01.01.2023, male (born 1965)married, employee, no children in the family, Fiat 500 and (43/70/87 kW) (1727 / AVN), new purchase and owner registration: August 2022, cash purchase, private use only (including commuting), 14,000 km / yearvehicle user: insured and spouse (born in 1964), no home, (public) road, annual ticket for public transport, ADAC, Civil liability (SF 34) and comprehensive insurance (SF 34) with 500 € SB including partial insurance with 150 € SB, workshop of your choice: free annual fee; First vehicle, owner: contractor, no points, 81543 Monaco
Car insurance premiums rise by more than ten percent on average
The calculations clearly show that an insurance comparison is worth doing. Michael Roloff, chief executive officer for auto insurance at Check24, explained that the price trend is “currently difficult to predict,” but the portal still expects premium increases of more than ten percent on average.
The main cause of the development is credit inflation. Car manufacturers raise the prices of spare parts every year, and the cars themselves have also become significantly more expensive. If insurance companies don’t want to slide into the red, they also need to raise their prices. In this regard, the bargain hunt this year may be different: instead of cheaper contracts, drivers could look for policies where the price increase is limited. (ph)
