table of contents
- Cancellation and change options
- Details on the special right of termination
- termination by letter
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Cancellation via email
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Important information in the resignation letter
Cancellation and change options: Important information at a glance
If you want to change provider, you have to take out car insurance on time for November 30th cancel one year. However, drivers should not exhaust this period, since the insurance companies must have received the notice of termination by this date.
The notice period for car insurance is always expiry of an insurance year with a notice period of one month. With vehicle insurance, the insurance year expires on December 31 for most contracts and that new insurance year begins on January 1st. This regulation also applies to agreements concluded at any other time of the year.
In addition, potential policyholders should take into account that they can also cancel their car insurance at other times in the case of contracts with a term of less than a year. With these agreements, the insurance year is not directly linked to the calendar year. An important factor is that Main due date shown in the financial statements. This date indicates when the new insurance year begins. For example, if new insurance premiums are due on July 1st, the end date of the old insurance year is June 30th. However, these agreements have a major disadvantage: Because policyholders cannot cancel at the end of the year, insurance providers do not have to orient themselves to the existing price war with other insurance companies. In order to win new customers, many providers make acquisitions during the most important changeover season of the year in November with particularly favorable tariffs.
Other contracts even grant insured persons one monthly terminability a. This offer is primarily of interest to younger drivers who conclude contracts via smartphone apps and accordingly cancel them in this way. This clientele often attaches great importance flexible termination options.
Cancel car insurance: Is there a special right of cancellation?
Policyholders can invoke a special right of termination if Insurance companies increase premiums without increasing coverage. In addition, those affected may usually make use of the special right of termination after an insured event. After each claim, policyholders are free to cancel their car insurance or to seek a change of insurance. However, policyholders can only cancel this if the provider has finally accepted or rejected a liability obligation or has been negotiating about it services completed are. From this point on, policyholders have a one-year period to terminate the contract.
The insurance companies are obliged to keep their customers always informed in writing of an increase in the contribution. Policyholders are always advised to check the annual premium statements carefully so that no hidden premium payments are overlooked.
Cancel car insurance: Policyholders expect these costs if they cancel at an unusual date
In the event of a termination at an extraordinary date, policyholders must accompany them no additional costs calculate. However, you should take into account that the period for the special right of termination is also four weeks. These The period starts from the receipt of information about the increase in contributions. If, for example, insured persons do not receive information about a premium increase until December, the right to extraordinary termination would extend to January with retrospective effect at the turn of the year.
What should policyholders expect if they miss the notice period?
The motor vehicle insurance year usually ends at the end of the year. If policyholders have missed this deadline and there are no separate contractual provisions or reasons for a special termination, the agreement is automatically extended for another year.
Formalities when changing vehicles
Cancellation of the insurance contract is not required when deregistering or selling a vehicle. After deregistration of a vehicle, the policy expires automatically into a non-contributory rest phase over, so that the agreement is automatically dissolved after a period of 18 months. If the vehicle is sold, the insurance is part of the sales process automatically passed on to the buyer. If the registration office has an insurance certificate from another insurance provider, the older contract will automatically be considered terminated.
Nevertheless, it is important for vehicle owners to make the sale inform the previous insurance company. When buying a new car, vehicle owners do not necessarily have to select the previous insurance. In this case, buyers are free to contact a new insurance company at their convenience.
Particularities when decommissioning a vehicle
If a vehicle is deregistered or shut down, the registration office automatically forwards this information to the vehicle insurance company. Thereby the motor vehicle policy is automatically converted into a rest insurance. However, if policyholders want to be on the safe side, they can also inform the respective insurance company about the shutdown.
Cancel car insurance: an overview of common methods
There are several ways to cancel car insurance. When canceling car insurance, policyholders should generally make sure that: the newly selected insurance tariff already has the required protection offers. Many providers even offer the service of terminating the order with the old insurance company and taking care of all the associated modalities.
Cancel car insurance: template with letter
Cancellation of the insurance contract in writing by letter is generally required for all policyholders who entered into their agreements before October 1, 2016. Those affected are particularly safe if they accept the termination as a Registered letter with acknowledgment of receipt to ship. In the event of discrepancies, the insured can easily prove that the cancellation was actually received by the insurance company.
The postmark is irrelevant for the termination. Instead, it is much more important that the document is sent to the insurer available by the deadline at the latest. It is therefore necessary to take care of the termination as early as possible. Legal experts recommend that Send the letter no later than four working days before the end of the notice period. It is also advisable to ask the insurance companies to give notice of termination by letter to acknowledge receipt of the letter. This approach certainly provides security for all parties involved.
Cancel by email
When canceling by e-mail, policyholders should take a few steps to heart. In addition to the correct notice period for car insurance, policyholders should primarily note that you Sender also identifiable for the insurance company is. At best, the e-mail address has already been saved by the insurance company. Equally important is that in the mail to terminate important data such as the customer number or insurance policy number, telephone number and e-mail address are listed are.
In return, however, policyholders must take into account that access or receipt of the e-mail by the insurance company is relatively difficult to prove in the event of a dispute. That is why those affected play it safe when they Save the email in your mailbox or print it out afterwards. Also, it is advisable to get the receipt of the mail through the insurance companies to be confirmed in writing by e-mail.
Cancel car insurance: This information must be included in the cancellation letter
For the letter of termination it is necessary to list all important data and information in the document. This includes the following information (in particular for termination by letter):
- date
- address of the insurance company
- address of the sender
- Insurance policy number or customer number
- Subject line with the designation “Cancellation of car insurance” (when canceling by email)
- Specification of the reason for termination (e.g. “special right of termination due to premium increase”, “timely termination at the end of the insurance year” or “special right of termination due to damage”),
- Signature (when canceling in writing)