cancel car insurance if there is a price increase?

Finance, Taxes, Banking, Insurance and Retirement
21
So the premium increase doesn't mean anything? Comparis.ch says that the insurance can be cancelled in case of price increase. My insurance company says otherwise.

22
Apologies, maybe it wasn't clear.

You can only cancel if the price increases and the conditions remain the same.

As you moved, the conditions didn't remain the same and so you have to pay the price in the new area. If you switched cantons or health insurance tarif zones, you'll have to pay the new premiums for that too and the move doesn't give you a right to cancel.

They're not forcing you personally to pay more, they've just adapted your premiums to your new postcode.

I'm not defending them, just trying to clarify things

23
Thanks! Looks like I'm stuck with them.

What if the principal driver changes (without changing the ownership of the car), and the new driver has higher premiums/lower discount?

24
The vehicle has the discount, not the driver.

Tom

25
The discount depends on driver's gender, experience, driving record, age etc. So the premium will probably change if the driver changes.

26
Not the driver, the owner.

You can own, insure and register a vehicle here without even having a license, and get a discount.

I know this for a fact, as my daughter is currently at 65%, despite having had her license for six months, as she has had a vehicle registered and insured in her name for four years!

Tom

27
as an update despite delaying tactics from the insurance company they accepted the cancellation request. If the price increases " just because" have a read of the GVI and there should be a very small line saying you may cancel in the event of a price increase before the end of the insurance year.

28
There are no 'delaying tactics', they have no choice in the matter, it's dictated by law.

29

They tried the" oh you cant cancel because the contract is 5 years" i never signed a 5 year contract. Then it changed to "its not really a price increase" story and refused to accept they ever had a letter at 1 point.

30
I suspect you did indeed sign a 5 year agreement, you just did not expect such a thing as it's not done like this in the UK. Your contract which you signed will show an end date, it's important to read what you sign, some contracts are 10 years.

31
no, it was 1 year as stated on the paperwork

32
Then there is no issue, as I said it's defined by law what you can & can't do, they have no option but to accept the notice if it has been correctly given or they increase the price mid contract.

BTW you do have to give notice on a 1 year contract, it won't just finish, your still covered even if you don't pay the renewal premium.

33
yes i know. I suspect because the cancellation letter was near to the cut off date they could tie me in to another year they were trying it on, hence the stupid excuses.

Its only when I made mention of speaking to the regulator about their claims of a 5 year non existant contract and denial of recieving a letter they suddenly "found the correct paperwork"

34
You should send a cancellation letter by recorded delivery, is the Swiss way!

35

you shouldnt assume everything.. letter was recorded, hence the stupid claim they never had a letter

36
Oops. Looks like they got me. My contract is for 6 years. I couldn't imagine that it wouldn't be possible to cancel the contract before, this is very different from the US. Sneaky! Lesson learned.

Does this really mean that they won't let me go before 6 years???

Ok, looks like I need to explore other options. How much hassle, paperwork and fees is it to de-register and then register the car? Does it need to pass the MFK again if I do this? Any easier way to change the insurance?

37
It means that they have to hold the price for 6 years if they want to keep you, they don't offer that in the US either!

Buy a new car or have an accident will give you a way to change as well!

Cancelling & reregistering has no effect on MFK.

38
Well, it looks like I'll have to stay with them not because they "hold the price" but because they force me to stay. I don't want to get into the whole "CH vs US" argument, but I fail to see how the option to leave any time (typical in the US) can be worse for the client than the system here. In the US, the insurance had to make sure their prices and services were competitive if they wanted to keep me.

39
Single year contracts are standard with Zurich Connect. however not with Zurich.

40
Here's another car insurance related question:

We're planning to change car insurance companies when our policy runs out.

If you have, for example, six months left on your insurance and you buy a new car, can you normally transfer the insurance to the new car (with premium adjustment) for the remaining six months?

Or is it likely, as seems to be have been suggested by our insurance company, you can do this but need to take out a fixed contract term on the new insurance for say three years?

So basically, they seem to be saying that we'll lose six months unless we commit to three years.

(Sorry for vagueness but I didn't ask the questions and they're preparing a quote and I wondered if anyone had any experience of this).