Switch to cheap car insurers with a special right of termination

Switch to cheap car insurers with a special right of termination

not accidentally foregoing special rights of termination
How does change work after November 30th?
With telematics and comprehensive with workshop binding additional saving
Kfz insurance companies pay off with a price guarantee?

Coburg, 14.11.2024

Significant spare parts prices and hourly transfer rates as well as increasing elementary damage: These are developments that are reflected in the car insurance premiums. For cheap car insurance protection, saving is becoming increasingly important. When changing from an expensive to a cheap insurer, you can quickly save a few hundred euros. This always shows this comparisons in the media.

Now is the right time to put your own car insurance to putting to the test: Often car insurance contracts run from 1 January to December 31. If you want to quit, you have to ensure that the termination will be received by the insurer by November 30 at the latest. But what happens when the bill comes late? Here the special right of termination comes into play. If the insurer increases the contribution, although nothing changes in the insurance cover, you have a one -month special right of termination - even beyond the deadline. The car insurers have to point this out.

compare is worth
It is worth comparing that the price ranges between the individual providers are considerable. Comparison portals help. But be careful, no portal takes into account all car insurers. In addition, it is often a slimmed -down offer. The research in several portals is therefore essential. Online portals also work on a commission basis. The car insurer affected pays you a bonus for every imparted policy. So they are only partially independent. Some cheap car insurers such as the HUK-Coburg-with 13.9 million vehicles in Germany in Germany's largest car insurer-cannot be found there. Therefore, a parallel request from a cheap insurer is always worthwhile.

Additional savings potential is possible
Even with a cheap provider, premiums can be reduced again with the integration of telematics solutions. With low-risk driving behavior, HUK-Coburg can learn a discount of up to 30 percent on the contribution of the following year in car liability and comprehensive insurance. On average, the customers who have experienced a Figgebonus received an estate of 83 euros in 2023. Every fifth of these customers even saved 120 euros.

Really pays off price guarantee?
For years, rapidly increasing spare parts and repair costs have currently been made with more frequent and severe elementary damage. No motor vehicle insurer comes by this economic reality. Several years of price guarantees in car insurance are difficult to imagine in this context. Before deciding for or against a car insurance with a price guarantee, a look at the details is essential: Companies with low operating costs and slim processes can also offer much more favorable in the long term than more expensive competitors with price guarantee.

On the press release on huk.de: https://www.huk.de/presse/nachrichten/ consumer tips/sonderkuendungsrecht.html

The HUK-Coburg insurance group:
With over 13 million customers, the HUK-Coburg is the great insurer for private households with traditionally inexpensive offers from car insurance to liability, accident, property and legal protection insurance to private health, life and private pension insurance. With contributions in 2023 of EUR 9.0 billion, it is one of the ten largest German insurance groups. The traditional focus is on car insurance: with 13.9 million insured vehicles, it is the largest German car insurer. In household and private liability insurance, it is one of the largest providers on the market. The HUK-Coburg, based in Coburg, employed a total of over 10,000 employees at the end of 2023.

Company contact
HUK-Coburg corporate communication
Kerstin Schmutzler
Willi-Hussong-Straße 2
96444 Coburg
09561-96-22609
https://www.huk.de/presse/consumer tips/nachbarschaftshilfe.html

press contact
HUK-Coburg corporate communication
Karin Benning
Willi-Hussong-Str. 2
96444 Coburg
09561-96-22604
www.huk.de

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