Can I switch my car insurance during the contract period?
September 4, 2023 | 30,00 EUR | answered by Sophia Evers
Dear Insurance Law Attorney,
My name is Wilhelm Schmid and I have a question regarding my car insurance. Some time ago, I signed a contract, but I am not satisfied with the services and conditions of my current insurance. Now I am wondering if it is possible to switch my car insurance during the contract period.
The situation is as follows: I insured my car a year ago and have not had any claims so far. However, I find the premiums of my current insurance to be too high compared to other providers. Additionally, I have heard from friends that they have had much better experiences with their insurances.
My main concern is that I fear that switching car insurance during the contract period could be complicated or even impossible. However, I would like to switch to a provider that offers me better conditions and service.
Therefore, my question to you is: Is it possible to switch my car insurance during the contract period? Are there specific deadlines or hurdles to consider? What steps do I need to take to successfully carry out the switch?
Thank you in advance for your help and support.
Sincerely,
Wilhelm Schmid
Dear Mr. Schmid,
Thank you for your inquiry regarding changing your car insurance during the contract period. It is indeed possible to switch car insurance during the contract period. This is usually possible at the end of the insurance year, with a notice period of one month for most insurance companies.
In your case, since you insured your car a year ago, you could therefore terminate the current insurance at the end of the current insurance year and switch to another provider. It is important that the termination is done in writing and reaches the insurance company in due time. Make sure that the termination is received by the insurance company at least one month before the end of the contract year.
It is also important to note that when switching car insurance, you should not have any insurance gaps. This means that the new contract should seamlessly follow the old one to ensure that your car is insured at all times. Therefore, make sure to inquire about the conditions of the new provider early on and clarify when the new contract will take effect.
To successfully make the switch, I recommend researching various insurance providers and obtaining quotes beforehand. Compare the services and conditions of the different insurances and choose the one that suits you best. Once you have chosen a new provider, you can initiate the termination of your current insurance.
If you have any further questions about switching your car insurance or need assistance, I am happy to help. I hope that this information has been helpful to you and wish you success in changing your car insurance.
Sincerely,
Sophia Evers
