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REGION – "if you want to change your car insurance before the onset of winter, you have to hurry: on the 30. November is the annual deadline for many policyholders to change insurers. That’s why the ACE, germany’s second-largest automobile club, advises: "Anyone thinking about changing their car insurance should now take the time to compare insurance policies and, if necessary, cancel their existing insurance in good time," says press spokesman anton hofmann from the main-kinzig& wetterau with.
Define needs& compare benefits
Most car insurance companies offer a comprehensive range of benefits, and quite a few also offer additional insurances. When making a comparison, therefore, the amount of the insurance premium should not be the only decisive factor, because unnecessary or unintentionally included benefits often drive up the price of an insurance policy. The more precisely the individual needs and demands on the insurance benefits are defined, the more precisely the suitable product can be found, advises the ACE representative. Knowing as much as possible about what is needed and wanted not only saves money, but also protects you from unpleasant surprises in the event of a claim.
How does a change of insurance policy work??
As a rule, you can only change your car insurance once a year. In most cases, the cut-off date for this is the 30. November. Since the notice period with the insurer runs until 30.11. in order to be effective, the notice of cancellation should be sent a few days in advance by fax or by registered letter with acknowledgement of receipt. Anton hofmann gives another important hint: after the 01. October 2016 Contracts concluded can also be terminated without a signature by e-mail. it is important to note that the sender must be clearly identifiable to the insurer. This can be ensured by providing personal data, in particular the name, address, telephone, customer and insurance number. The e-mail sent should also always be saved as proof.
The period of notice is usually the period of one complete month. Example: a contract that expires on 31. December, must be changed no later than 30. November are cancelled. Regardless of the deadline, ACE advises sending a notice of termination early and documenting the date of dispatch. It is also worth checking whether the 30.11. In fact, the cut-off date for changing one’s own motor vehicle insurance is, ACE recommends. Because even though most car insurance policies expire on 31 December, there is a.12. of each year ends, there are also contracts with a different end date.
Observe the special right of cancellation throughout the year
If the changeover deadline is missed, there is a special right of termination, at least in the event of a price increase: if the contract has become more expensive, insured persons have one month after receipt of the invoice to terminate the contract, according to the ACE press spokesman in the main-Kinzig and wetterau districts. Important: a price increase is often difficult to recognize at first glance. The so-called no-claims bonus is usually included in the calculation, although it does not affect every insured person. The comparative premium shows whether there has actually been a premium increase. This shows what you have to pay if nothing changes. If this has increased, the special right of cancellation applies. The special right of termination also applies in certain other cases, such as a change of vehicle or the occurrence of a claim.
When is the change worthwhile??
In particular, shortly before the end of the change period on 30.11. Do consumers benefit from the intensifying competition among insurers?. Now is therefore a good time to enquire about and compare current insurance rates for your own car. After that, don’t forget to take out the new insurance policy to ensure a seamless transition.
"if you want to change your car insurance before the onset of winter, you have to hurry: on 30. November is the annual changeover deadline for many insureds. That’s why the ACE, germany’s second-largest automobile club, advises: "Anyone thinking about changing their car insurance should now take the time to compare insurance policies and, if necessary, cancel their existing insurance in good time," says press spokesman anton hofmann from the main-kinzig& wetterau with.
define needs& compare benefits
Most car insurance companies offer a comprehensive range of benefits, and quite a few also offer additional supplementary insurances. When making a comparison, therefore, it is not only the amount of the insurance premium that should be the deciding factor, because unnecessary or unintentionally included benefits often drive up the price of an insurance policy. The more precisely the individual needs and demands on the insurance benefits are defined, the more precisely the suitable product can be sought, advises the ACE representative. Knowing as much as possible about what you need and want not only saves you money, but also protects you from unpleasant surprises in the event of a claim.
How does a change of insurance work??
As a rule, you can only change your car insurance once a year. The cut-off date for this is in most cases the 30. November. Since the notice of cancellation must be received by the insurer by 30.11. to be effective, the notice of cancellation should be sent a few days in advance by fax or registered mail with advice of receipt. Anton hofmann gives another important hint: after the 01. Contracts concluded in october 2016 can also be terminated without a signature by e-mail. It is important to ensure that the sender can be clearly identified by the insurer. This can be guaranteed by providing personal data, in particular name, address, telephone, customer and insurance number. The e-mail sent should also always be saved as proof.
The period of notice is usually the period of a complete month. Example: a contract that expires on 31. December ends, must be no later than 30. November to be cancelled. Regardless of the deadline, ACE advises sending a notice early and documenting the mailing date. It is also worth checking whether the 30.11. is actually the deadline for changing your own car insurance, the ACE recommends. Because even though most car insurance companies have to pay a higher premium as of 31 December.12. The end of each year, there are also contracts with a different end date.
Observe the special right of cancellation for the whole year
If the changeover deadline is missed, there is a special right of termination, at least in the event of a price increase: if the contract has become more expensive, insured persons have one month after receipt of the invoice to terminate the contract, according to the ACE press spokesman in the main-Kinzig and wetterau districts. Important: a price increase is often difficult to recognize at first glance. the so-called no-claims bonus is usually included in the calculation, although it does not affect every insured person. The comparative premium shows whether there is actually a premium increase. This shows what you have to pay if nothing changes. If this has risen, the special right of termination applies. The special right of termination also applies in certain other cases, such as a change of vehicle or the occurrence of a claim.
When is it worth switching??
In particular, shortly before the end of the changeover period on 30.11. Do consumers benefit from the intensifying competition among insurers?. That’s why now is a good time to ask about and compare current insurance rates for your car. After that, please do not forget to also take out the new insurance to ensure a seamless transition of the. (pm) +++