Do you need to pay more attention to your expenses in the coming year? So start with your insurance. You still have the option to cancel or change many policies until the end of September. This is underlined by the consumer organization Money and Consumers (GVI).
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“Above all, liability, housing, residential construction, legal protection and accident insurance should be scrutinized,” says GVI President Siegfried Karle. In most cases, these insurance policies could be terminated by September 30th at the end of the year. Important: Notice of cancellation must reach the insurer by this date.
Exceptions for auto insurance and price increases
An exception applies to car insurance: policyholders usually have a shorter notice period and therefore have until November 30 to change.
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By the way: if the insurance increases the premium, the customers have a loud voice consumption centers a special right of withdrawal. Interested persons can therefore sell their policies at short notice and regardless of the annual maturity date. -Pope
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