Financial expert warns: Don't just pay attention to the price when changing car insurance

Financial expert warns: Don't just pay attention to the price when changing car insurance

According to a report by www.waz.de, drivers in Mülheim should not only pay attention to the cheapest tariff if they want to change their car insurance. The chairman of the Essen, Mülheim, Oberhausen district in the Federal Association of German Insurance Merchants (BVK), Hartmut Meyer, recommends thinking more carefully about your own needs, as cheap does not have to mean bad.

When changing car insurance, drivers in Mülheim should pay particular attention to the no-claims class, discount protection and expensive insurance gaps. The claim buyback option can prevent the reduction of the no-claims class, which can otherwise cost a lot more money. Meyer also warns against lure offers that can hide insurance gaps. Even with telematics plans that offer lower premiums, customers must reveal their entire driving style, which can lead to the disclosure of information.

Another important piece of advice is to check thoroughly whether the old contracts have better downgrade tables or discount savers, which are often not taken into account by internet comparison portals. Customers should therefore think carefully about whether switching to a new insurance tariff is really beneficial.

Overall, when changing car insurance in Mülheim, you should not only pay attention to the price, but also carefully check your individual needs and the existing coverage and discounts. This can lead to savings and better protection in the long term.