Cheaper and safer: This is how you save on car insurance without sacrificing benefits!

Cheaper and safer: This is how you save on car insurance without sacrificing benefits!

Every November, many drivers have the opportunity to reduce their car insurance premiums. This is done by terminating the existing contracts and switching to a cheaper provider. But even with a cheaper offer, the services can also be improved. When choosing a new provider, the service details and customer friendliness in claims processing are important, as accidents on Germany's roads are becoming more and more common.

According to a report from www.focus.de, insurance associations warn of the consequences of gross negligence in the insurance contract and recommend checking the clause that eliminates the objection of gross negligence on the part of the insurer. In addition, it is important to inform your own insurance provider about occasional friendship services in order not to increase the premium. Another point is that young people who get their driving license at the age of 17 do not have to wait to drive a car if they accompany a person registered on the temporary driving license on all journeys. Driving behavior can also be recorded and evaluated using a telematics app on your cell phone in order to receive a premium refund.

In terms of market, consumer or industry impact, it should be noted that the car insurance market is very competitive and the consumer can benefit from this competition. Consumers can save money by switching to a cheaper provider, but care should be taken to ensure that the new provider's services meet the customer's needs and requirements. For the insurance industry, increased competition may lead to an increase in customer numbers and an increased focus on customer-centric services. This could lead to insurance companies increasing their efforts to improve customer loyalty and optimize their service.

It is important that consumers are aware that switching car insurance can not only result in cost savings, but also an improvement in benefits and customer service. Most policyholders are not aware of possible savings potential and could therefore benefit from a detailed examination of their contract.

Source: According to a report from www.focus.de.