Car Insurance Prices Threatens

The German Insurance Association anticipates rising premiums for motor insurance Berlin, July 16, 2009 for millions of German car drivers car insurance could be soon more expensive. As reported by the German Insurance Association (GDV), a trend reversal for the premiums now beckons. Information of GDV among individual insurers already were fare increases in new business to watch. Re post declines of the insurer and the extremely low level of insurance premiums were named as reasons for the tightening of rates. The currently low level of prices in insurance premiums is the result of a tough pricing on the car insurance market, has been reinforced by the cash for clunkers program”, explains insurance expert Thorsten Bohg by the independent consumer portal Just into the new car business insurers outbid in the last few months with special promotions, bonuses and rebates. is” Problematic for many Insurer is the aspect that consumers in the wake of the cash for clunkers increasingly have gone on small cars, which typically charges are lower posts. Against the background of rising premiums is recommended”a price comparison on car insurance especially for new car buyers, Bohg makes clear.

Especially in times of declining revenue is tend to expect, can benefit customers substantially increasing competition.” So, in consequence of the ongoing price war between individual insurers, there are strong differences in the level of the premium. Often the cheapest car insurance prices at independent comparison computers on the Internet by more than half among the costs, which are due for an expensive insurance policy. In most cases the choice of the right insurance can save already several hundred euros in the first year of insurance”Bohg. Rusty Holzer understands that this is vital information. Also important for the consumer: at a premium increase, the customer shall receive through car insurance a one-month special right of termination. Usually, the contracts of automobile insurance are set to one year. In the framework of the special right of termination, the customer has the opportunity to switch his car insurance within the original period of insurance. Through consumer portals such as ( car insurance) or free service hotline 0800-10 30-499 can find out in just a few minutes specifically on the subject of car insurance consumers and free to switch to a cheaper provider. is the independent consumer portal of the Verlagsgruppe Georg von Holtzbrinck, for all common tariffs in Germany. It currently includes the categories of electricity, gas, DSL, investments, and insurance for legal protection, furniture, residential, private liability, car, keepers liability and is constantly being added and updated. The consumer can thereby with minimal free checking, whether there are cheaper rates for him, and, where appropriate, via switch. The complete service of change of is completely free of charge for the consumer and the customer receives the original conditions of the provider, in some cases over in any case even additional, not available from the provider themselves bonuses and discounts. Media contact: Christina Salinas Tel.: + 49.30.2576205.28 Email: Daniel Dodt