Change of car insurance: tips from the Consumer Center

A change of Car insurance can be worth it!
The tariff jungle is becoming increasingly opaque. Numerous comparison portals promise orientation. “However, one should not simply trust the result of the next best portal, but at least perform several calculations on different sides”, so Michael Wortberg, Insurance Officer of the Consumer Center Rhineland-Palatinate. The portals do not always work with the same data. Also, not all common insurers are always represented on the portals. For example, one of the market leaders, HUK, together with its subsidiary, HUK24, has completely left the portals. And right now, the Federal Cartel Office has also announced an investigation of comparison portals.

In six important tips, the Consumer Center has compiled what is important in a change:

Termination date check

For some large car insurers, the contract period begins on the day on which the vehicle was registered. This means that a flat-rate termination is not possible on 1 January, but only on the date on which the contract period begins.

Insurance provisions-read carefully

In order to prevent expensive surprises in the event of damage, it is advisable to read the insurance conditions carefully. According to the experience of the Consumer Center, there are providers who make extreme downgrades after a case of damage. Then the supposed insurance bargain quickly becomes a burden of several hundred euros a year.

Have damage Freedom-class confirmed in writing

The Consumer Center advises having the current provider confirm in writing which damages Freedom-class (SF class) he will report to the new provider. There are known cases in which the old insurer has reported a less favorable rating to the new company than listed in the premiums statement. Justification of the insurance: it was an internal SF class, which could not be transferred to the successor insurer.

Discount offers check carefully
In the case of discount offers for single or small drivers or for garage vehicles, it is important to check whether the insurance regulations can be permanently fulfilled. If, for example, after an accident, it turns out that the agreed mileage allowance has been exceeded, the contribution savings are quickly reversed by downgrades and, if necessary, penalty payments.

Cancellation only after receipt of the new policy
The old contract should only be terminated when the new policy is securely in place. It happens again and again that the preliminary contract is canceled, but the term of the new contract has not yet begun. In the best case, then only a forced withdrawal and a fine on the part of the admission authority threaten. In the worst-case scenario, the driver is not insured in the event of a road accident and is liable for his private assets for all consequences.

Invoice check
If contrary to expectations, the invoice for the new contract is higher than agreed with the new provider, it is advisable to pay the contribution in full subject to reservation. Otherwise, you risk the insurance cover. By a payment under reservation, the amount is not recognized as binding. The amount that may be overpaid can be recovered after an examination.

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