Auto Insurance for Change of Vehicle
When purchasing a new vehicle is always a special right. The vehicle with the previous existing car insurance policy will not be accepted - the insurance contract expires upon logout of the old vehicle. This has no special notice of automobile insurance to take place. For the new car may also be a new car insurance can be selected, the insurance certificate is required for compulsory automobile liability policy with the approval.
In one incident, there is a special right-sided, ie both the vehicle owner and the insurer may cancel the auto insurance. If the policyholder has terminated after an incident and has already paid the entire annual premium, the insurance company must refund according to the current insurance contract law the balance. Especially if the car insurance has a claim only partial or even rejected, it is often discontent in the termination of auto insurance.
What reasons can you cancel the car insurance?
The most common reason for the termination of vehicle insurance is switching to a cheaper auto insurance company. The huge differences in prices in the market moving more and more vehicle owners to decide for themselves to a new and cheaper vehicle insurance. But the desire for better performance may be grounds for termination of vehicle insurance. When comparing insurance not only prices but also the benefits of car insurance policies are clearly displayed.