Zurich Insurance -- Auto-renew?

Finance, Taxes, Banking, Insurance and Retirement
1
Hi all,

I have my car insurance will Zurich, expiring 30.06.21.

Last week, it sent me a bill for the renewal of the policy.

Coming from the UK, I'm used to the insurer sending a quote for the renewal first, not just billing it....

Anyone have an similar experience?

I'm assuming if I find a better quote, I can "ignore" their invoice and tell them to not renew the policy.

Thanks all, have a good day!

2
It will auto renew unless you hand in the plates.

Tom

3
Your assumption is wrong.

They MUST renew it if you don't take it off the road.

Tom

4

No you can ́t. If you did not cancel the policy in advance (probably 3 months, per 31.03.2021) it will be automatically extended for another year. Have a look at the T&C?

5
Yep. You'll have to actually cancel it in advance if you don't want it to renew.

6
This is the way most things work in Switzerland so check all your other stuff aswell.

I believe they can only auto-renew if the premium has stayed the same.

7
Sell your car, problem solved.

Tom

8
They can auto-renew even if the premium changes, but then you don't have to stick to the three month notice period.

Basically the same as health insurance - to ensure continued coverage, you have to tell them if you're moving provider.

9
Though a sale (including within the family) may trigger the need for an MFK inspection.

Or is that no longer the case?