What to do if the car is vandalized at carnival? Financial expert gives tips

What to do if the car is vandalized at carnival? Financial expert gives tips

According to a report by www.rundschau-online.de,

The time after Carnival in Cologne is often marked by vandalism of cars. In a current article, specialist lawyer Hubert W. van Bühren talks about the insurance issue in the event of vandalism damage to vehicles. He emphasizes that the repair costs are only covered by fully comprehensive insurance, which often has a high deductible, so it is not always worth filing a claim.

He also warns that reporting vandalism damage can lead to an upgrade to the no-claims class, which in turn leads to higher insurance premiums. The question of whether a driver is partly to blame also plays little role in the case of vandalism.

Based on this information, we can determine that many drivers in Cologne are faced with vandalism damage to their vehicles after Carnival. This has a direct impact on the insurance market as drivers may be reluctant to report claims due to high deductibles and the possibility of upgrading in insurance class. The industry could also face an increase in claims, which in turn could lead to rising insurance premiums.

For consumers, this means they must carefully consider whether to report vandalism damage and potentially bear the costs themselves, or avoid reporting the damage in order to keep their insurance premiums low. Ultimately, this could lead to an unsatisfactory situation, as emphasized by specialist lawyer van Bühren.

It is important that drivers are aware that if their vehicles are damaged by vandalism, they report it as quickly as possible and take photos to document the damage and take any necessary steps with their insurance company.