If you want to change your car insurance, it can usually be done without much effort. However, there are a few things to consider when making the switch.
How to change your car insurance
Once you have found cheap car insurance that meets your needs, it is worth changing providers. To do this, proceed as follows:
- Before you take out insurance, it is best to get a non-binding offer.
- If you like the offer, take out the new car insurance contract. This can be done online either via a comparison portal or directly from the provider. Alternatively, contact a local insurance agent to take out the insurance.
- Within 24 hours of concluding the contract, you will receive the so-called eVB number as confirmation of insurance.
- Your new insurance company will inform the responsible vehicle registration office about the change in insurance, so you don’t have to worry about that.
- After taking out the new insurance contract, you can cancel your existing car insurance. Make sure you adhere to the notice period. The deadline is usually November 30th. The cancellation must be submitted to your previous provider by this date.
When it is possible to change your car insurance
You can usually cancel your car insurance on November 30th of each year.
- Motor vehicle insurance almost always has a term of one year – one calendar year. This means that the insurance year ends on December 31st.
- The notice period is one month. This means that if you change provider you will have to cancel your car insurance on November 30th.
- After November 30th, you have a special right to cancel your motor vehicle insurance if your provider increases the premium. In this case, you can terminate your contract within four weeks. The period begins when the insurer has informed you of the premium increase.
- In addition, after each claim that you report to your insurance company, you can cancel the contract and switch to another provider. It doesn’t matter whether the damage is covered by insurance or not. However, you must wait until a decision has been made before canceling your contract.
- If you sell your car and register a new vehicle, you don’t have to stay with your current insurance provider. In the event of a sale, the old insurance is transferred to the new owner so that the vehicle is fully insured. The new owner can then cancel or take over the insurance.
2023-11-02 11:33:02
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