There’s a good reason why car insurers are now wooing new customers with low-cost offers: the deadline of 30 November is the best time to change to a new car. November most car insurance policies can be cancelled. What to consider when changing car insurance:
30. november: important deadline for switching to a new car insurance policy. Ule
change car insurance: why now?
Because for most insurance contracts the insurance year ends on 31 December. December ends. If you calculate the one-month cancellation period backwards, the cut-off date is 30. November.
With this important date in mind, insurance companies are now trying to lure customers away from their current provider and into their own company. For new customers, this results in many favorable conditions. So it may be worth at least considering a switch.
How to find a new insurance?
The most convenient way is offered by comparison portals such as verivox, check24, finanzcheck.De or financesout24.De. Such insurance calculators are fed with the most important data, such as age, no-claims bonus class and vehicle type, and then filter out the most interesting offers from the wide range of options available. This is also a convenient way to compare the benefits offered by the insurance companies.
However, virtually no comparison portal takes all providers into account. In addition, there is a suspicion that some insurance calculators do not make their selection objectively. "In some cases, comparison portals go so far as not to list offers from providers with particularly attractive conditions in order to favor their business partners, who may even pay them brokerage commissions", warns the automobile club of germany (avd). This is another reason why you should not consult just one portal, but at least two or, even better, several.
By the way, those wishing to change should not forget their current insurance policy. It often helps to confront the insurance company with a more favorable alternative offer in order to obtain equally attractive conditions.
What do i have to pay attention to?
Saving money is only one aspect. The benefits must also be right. The new insurance company should offer the same conditions and the same service as the old one. To deteriorate makes sense at best if the policyholder can do without one or the other previously granted benefit in good conscience.
Before switching, it is therefore worth taking a closer look. Often, the supposed bargain suggested by the comparison portal is just a slimmed-down offer. Some deficits are hidden in the details: for example, insurance companies can proceed differently with regard to the downgrading of the no-claims bonus. And older contracts sometimes include a so-called "discount saver", which saves you from a premium increase in the event of a claim. This rule is usually lost with a change of provider.
How to make the switch?
If an offer is actually found that offers the same benefits and the same service as the previous contract for less money, a non-binding offer can be requested via the comparison portal, the insurance contract can be applied for and, as a rule, a free switching service can be used. Alternatively, the homepage of the new insurer is a point of contact, or a personal meeting can be arranged by telephone.
If you cancel your old insurance policy at the end of the year, you must inform the new provider of the start date of the insurance policy on 1 January 2009. January with. As soon as the new insurance contract is signed and the policy is available, the new insurance company informs the registration office about the change.
Important: the old contract should only be cancelled when the new one has actually been concluded and confirmed. Partial and full coverage contracts can also be rejected.
The cancellation can be made by e-mail, but if you want to be on the safe side, send it by mail and as a registered letter with return receipt. Sample templates are available on the internet. The cancellation letter should contain the following: name and address of the canceling party, the insurance number, the vehicle registration number, the cancellation date and the request for confirmation of cancellation.
Keep an eye on the postmark: it is not the postmark that is relevant, but the insurance company’s receipt stamp.
Deadline missed: and now?
If the deadline is missed, the insurance contract is automatically extended by one year. In certain cases, however, it can also be terminated out of time by invoking a special right of termination. This is the case, for example, if the insurer increases the premium without there being a move or a claim. Such a claim, in turn, grants both contracting parties a special right of termination – not only the insurer, but also the policyholder.