Go Back   English Forum Switzerland > Help & tips > Insurance  
Reply
 
Thread Tools Display Modes
  #1  
Old 20.06.2020, 09:08
taz taz is offline
Newbie
 
Join Date: Apr 2019
Location: Schwyz
Posts: 5
Groaned at 0 Times in 0 Posts
Thanked 1 Time in 1 Post
taz has no particular reputation at present
Car Insurance Termination Letter

I have recently had the pleasure of receiving a termination letter from my car insurer, requesting proof of a new insurer in the next 10 days, otherwise they will inform the Verkehrsamt, who will apparently request the plates for the vehicle. Clearly they were not pleased with the recent claim that I made, that's life I guess.

Of course a new insurance under my name will not be palatable. Seeing as my girlfriend is using the vehicle quite often we plan to re-insure the car under her name.

In this case is it as simple as: my girlfriend purchases policy for my car, I send that to old insurer, the new insurer informs the Verkehrsamt?

I am a bit lost because there is a missing link in my understanding between the insurance and license plates, when I purchased the vehicle the dealer simply took my insurance papers and got the plates from the Verkehrsamt. Does this mean the plates will have to change with a new policy, or person insured, or will my girlfriend somehow be registered onto those plates? Finally, is the vehicle ownership (I am leasing the vehicle, in my name) mattering in any of this?

Hopefully the solution is more simple than I imagine..
Reply With Quote
  #2  
Old 20.06.2020, 09:20
Island Monkey's Avatar
Forum Legend
 
Join Date: Mar 2008
Location: Wallis
Posts: 6,607
Groaned at 115 Times in 80 Posts
Thanked 7,389 Times in 3,370 Posts
Island Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond reputeIsland Monkey has a reputation beyond repute
Re: Car Insurance Termination Letter

Why complicate things? It’s your car, you insure it. Insurance covers anyone to drive it. Ask her to pay the insurance if you want. Or sell her the car.

Edit: As far as I’m aware the insurance has to be in the name of the registered owner (leasing must have a work around).

Last edited by Island Monkey; 20.06.2020 at 09:31.
Reply With Quote
  #3  
Old 20.06.2020, 09:32
taz taz is offline
Newbie
 
Join Date: Apr 2019
Location: Schwyz
Posts: 5
Groaned at 0 Times in 0 Posts
Thanked 1 Time in 1 Post
taz has no particular reputation at present
Re: Car Insurance Termination Letter

Yes I am asking if it is really so simple and no plate/ownership change, it would be great if that is the case
Reply With Quote
  #4  
Old 20.06.2020, 09:39
fatmanfilms's Avatar
Forum Legend
 
Join Date: Apr 2010
Location: Verbier
Posts: 21,376
Groaned at 461 Times in 352 Posts
Thanked 23,091 Times in 11,824 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: Car Insurance Termination Letter

New plates will be issued to the new owner.
How many claims did you make ?
Reply With Quote
  #5  
Old 20.06.2020, 09:47
taz taz is offline
Newbie
 
Join Date: Apr 2019
Location: Schwyz
Posts: 5
Groaned at 0 Times in 0 Posts
Thanked 1 Time in 1 Post
taz has no particular reputation at present
Re: Car Insurance Termination Letter

That makes sense, thanks.

Two scratches, one crack in the windshield. To be honest I was not considering such a scenario when I made the claims. So that's a learning experience.

So I will have to transfer ownership in any case?
Reply With Quote
  #6  
Old 20.06.2020, 10:29
Forum Legend
 
Join Date: Oct 2014
Location: Nyon
Posts: 6,781
Groaned at 397 Times in 293 Posts
Thanked 9,352 Times in 4,388 Posts
bowlie has a reputation beyond reputebowlie has a reputation beyond reputebowlie has a reputation beyond reputebowlie has a reputation beyond reputebowlie has a reputation beyond reputebowlie has a reputation beyond repute
Re: Car Insurance Termination Letter

As you are leasing you will need to get the OK from the lessor. You canít sell something you donít own. Even to your girlfriend.
Reply With Quote
  #7  
Old 20.06.2020, 22:26
fatmanfilms's Avatar
Forum Legend
 
Join Date: Apr 2010
Location: Verbier
Posts: 21,376
Groaned at 461 Times in 352 Posts
Thanked 23,091 Times in 11,824 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: Car Insurance Termination Letter

Quote:
View Post
That makes sense, thanks.

Two scratches, one crack in the windshield. To be honest I was not considering such a scenario when I made the claims. So that's a learning experience.

So I will have to transfer ownership in any case?
Insurance companies expect to break even on average, customers who use them as an ATM machine will be terminated & have difficulty getting insurance going forward.
Reply With Quote
  #8  
Old 20.06.2020, 22:35
taz taz is offline
Newbie
 
Join Date: Apr 2019
Location: Schwyz
Posts: 5
Groaned at 0 Times in 0 Posts
Thanked 1 Time in 1 Post
taz has no particular reputation at present
Re: Car Insurance Termination Letter

Decided just to buy the vehicle from the lessor, should be transferred to my better half next week. Problem solved

Thanks for the advice I'll 5 years to have car insurance under my name.
Reply With Quote
This user would like to thank taz for this useful post:
  #9  
Old 20.06.2020, 22:36
taz taz is offline
Newbie
 
Join Date: Apr 2019
Location: Schwyz
Posts: 5
Groaned at 0 Times in 0 Posts
Thanked 1 Time in 1 Post
taz has no particular reputation at present
Re: Car Insurance Termination Letter

Quote:
View Post
Decided just to buy the vehicle from the lessor, should be transferred to my better half next week. Problem solved

Thanks for the advice I'll 5 years to have car insurance under my name.
*I'll wait 5 years
Reply With Quote
  #10  
Old 21.06.2020, 01:40
Forum Legend
 
Join Date: Oct 2014
Location: SG
Posts: 9,916
Groaned at 559 Times in 405 Posts
Thanked 13,322 Times in 6,920 Posts
Urs Max has a reputation beyond reputeUrs Max has a reputation beyond reputeUrs Max has a reputation beyond reputeUrs Max has a reputation beyond reputeUrs Max has a reputation beyond reputeUrs Max has a reputation beyond repute
Re: Car Insurance Termination Letter

Quote:
View Post
Insurance companies expect to break even on average, customers who use them as an ATM machine will be terminated & have difficulty getting insurance going forward.
A crack in the windshield should be completely immaterial, AFAIK glass is not relevant for the bonus. During the last 11 years I've needed at least 3 windshield replacements, without the slightest fuss.

But of course, if you start at 100% (even more if above) and have two claims in a short time you're probably pretty quickly in the danger zone.

Besides, having the insurance pay for an ordinary scratch, probably for anything below 2-3k, is almost garuanteed to be against your interest in those bonus regions. You do want to take out bonus protection, and focus exclusively on the insurances that offer it to you when looking for interesting offers.
Reply With Quote
This user would like to thank Urs Max for this useful post:
  #11  
Old 12.02.2021, 12:21
proksy's Avatar
Member
 
Join Date: Nov 2009
Location: Zurich
Posts: 142
Groaned at 1 Time in 1 Post
Thanked 41 Times in 26 Posts
proksy has no particular reputation at present
Re: Car Insurance Termination Letter

I received a similar letter today informing that because if the recent claim which was above average they would like to terminate the contract and gave me some 3-4 weeks to find a new insurance. Authorities will be informed in any case.


I simply fail to understand what is above average. Especially when you have comprehensive insurance you expect them to cover all the damages from a single incident. In my case I have had only one incident. Does one have any legal rights to challenge this?



Funny enough the same insurance company sends me a promotion on legal protection insurance at 50% discount price . .Am I missing something??
Reply With Quote
  #12  
Old 12.02.2021, 12:38
fatmanfilms's Avatar
Forum Legend
 
Join Date: Apr 2010
Location: Verbier
Posts: 21,376
Groaned at 461 Times in 352 Posts
Thanked 23,091 Times in 11,824 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: Car Insurance Termination Letter

Quote:
View Post
I received a similar letter today informing that because if the recent claim which was above average they would like to terminate the contract and gave me some 3-4 weeks to find a new insurance. Authorities will be informed in any case.


I simply fail to understand what is above average. Especially when you have comprehensive insurance you expect them to cover all the damages from a single incident. In my case I have had only one incident. Does one have any legal rights to challenge this?



Funny enough the same insurance company sends me a promotion on legal protection insurance at 50% discount price . .Am I missing something??
Insurance companies are looking to make a profit, loss making clients show up all the time, why insure someone who will likely lose you money next year. In CH I had 1 claim in 20 years, cost of the claim 1.25 years premiums.
Reply With Quote
  #13  
Old 12.02.2021, 13:00
me.anon's Avatar
Forum Veteran
 
Join Date: Jan 2012
Location: thun
Posts: 2,230
Groaned at 53 Times in 36 Posts
Thanked 2,970 Times in 1,438 Posts
me.anon has a reputation beyond reputeme.anon has a reputation beyond reputeme.anon has a reputation beyond reputeme.anon has a reputation beyond reputeme.anon has a reputation beyond reputeme.anon has a reputation beyond repute
Re: Car Insurance Termination Letter

Quote:
View Post
. . .
Funny enough the same insurance company sends me a promotion on legal protection insurance at 50% discount price . .Am I missing something??
Well, you would have a problem if you expect a provider of legal protection insurance to cover you in a dispute with the same company over its car insurance product.
Definitely use a separate company for legal protection insurance.
How long were you insured for before you had this first accident ? There must be some strange circumstances for a single incident to cause a cancellation.
Reply With Quote
  #14  
Old 12.02.2021, 13:14
Forum Legend
 
Join Date: Aug 2015
Location: Basle
Posts: 2,939
Groaned at 76 Times in 60 Posts
Thanked 2,039 Times in 1,188 Posts
Landers has a reputation beyond reputeLanders has a reputation beyond reputeLanders has a reputation beyond reputeLanders has a reputation beyond reputeLanders has a reputation beyond repute
Re: Car Insurance Termination Letter

Quote:
View Post
. Especially when you have comprehensive insurance you expect them to cover all the damages from a single incident.
Did they not cover all your damages from your single incident?


As for terminating the insurance it's very common for insurers to do this after a large claim. They look at what you've paid over the years, what they've paid out and whether they think they'll win or lose with you in the future. If they've paid out once much more than you've paid in, they'll be reluctant to do that again. Usually in/after a claim there's an 'excess'/ 'self-pay' element and then an increase in premium but sometimes the figures are so far apart that it's not worth their while insuring you. Your new insurer would ask not only if you've ever had any accidents but usually also if you've ever had insurance cancelled.
Reply With Quote
  #15  
Old 12.02.2021, 13:25
Member
 
Join Date: Jan 2019
Location: Zurich
Posts: 215
Groaned at 23 Times in 14 Posts
Thanked 232 Times in 83 Posts
Nocando has an excellent reputationNocando has an excellent reputationNocando has an excellent reputationNocando has an excellent reputation
Re: Car Insurance Termination Letter

Quote:
View Post
Your new insurer would ask not only if you've ever had any accidents but usually also if you've ever had insurance cancelled.
So what happens then?
Reply With Quote
  #16  
Old 12.02.2021, 13:27
aSwissInTheUS's Avatar
Forum Legend
 
Join Date: Nov 2007
Location: Zurich area
Posts: 13,019
Groaned at 101 Times in 90 Posts
Thanked 19,965 Times in 8,848 Posts
aSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond repute
Re: Car Insurance Termination Letter

Quote:
View Post
Well, you would have a problem if you expect a provider of legal protection insurance to cover you in a dispute with the same company over its car insurance product.
Definitely use a separate company for legal protection insurance.
Legal protection is in most of the cases a separate entity. Exactly because of conflict of interest. Here who is affiliated with whom:
Where can I find a good combi: household + 3rd party liability + legal cost insurance
Reply With Quote
  #17  
Old 12.02.2021, 13:34
aSwissInTheUS's Avatar
Forum Legend
 
Join Date: Nov 2007
Location: Zurich area
Posts: 13,019
Groaned at 101 Times in 90 Posts
Thanked 19,965 Times in 8,848 Posts
aSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond repute
Re: Car Insurance Termination Letter

Quote:
View Post
As you are leasing you will need to get the OK from the lessor. You canít sell something you donít own. Even to your girlfriend.
No need to sell. The register holder and the owner of the car can be two different person. Which is kind of obvious in case of a leasing: Owner of the car is the leasing company, registered holder is usually the person which leases the car. But you still need the approval of the leasing company to register the car under an new holder.

In some cases it is even possible that insurance policy holder and register car holder are two different person. This can be discussed with the insurance company.

Be aware that in some cases you must inform the insurance company who uses the vehicle most of the time. They might adjust the insurance premium based on that person insurance history, even deny it.

The license plate is usually tied to the person. Not the car. Transfer of the plate to an other person is limited. Most cantons only allow this among close family members, married couples but not between Girlfriend and/or Boyfriend.
__________________
What?
Reply With Quote
This user would like to thank aSwissInTheUS for this useful post:
  #18  
Old 12.02.2021, 14:30
fatmanfilms's Avatar
Forum Legend
 
Join Date: Apr 2010
Location: Verbier
Posts: 21,376
Groaned at 461 Times in 352 Posts
Thanked 23,091 Times in 11,824 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: Car Insurance Termination Letter

Quote:
View Post
So what happens then?
Nobody wants your business so expect the premium to be more, 100% + more.
My brother was covered by a corporate policy with 3 vehicles & numerous claims. When he retired he could only get 3rd party cover for £13,500. 3 years layer without any claims he could get insurance in normal terms.
Reply With Quote
  #19  
Old 12.02.2021, 15:06
proksy's Avatar
Member
 
Join Date: Nov 2009
Location: Zurich
Posts: 142
Groaned at 1 Time in 1 Post
Thanked 41 Times in 26 Posts
proksy has no particular reputation at present
Re: Car Insurance Termination Letter

Did they not cover all your damages from your single incident?
They did cover all the damages and even gave me bonus protection. Infact there were also some parking damages which were repaired while the car was already in the garage (under a different claims). No fuss about it back then and suddenly after 6 months I receive this later that after analysis they would rather drop me.


and I am with them for almost 5 years with full-casco and this is was the very first incident.

Also worth mentioning that I am offered some corporate discount perhaps that is why it is not economical.



perhaps someone can advice: is it wise to have all your insurances (personal liability, car etc.) from the same company or better to go with another?
Reply With Quote
  #20  
Old 12.02.2021, 15:29
Forum Legend
 
Join Date: Aug 2015
Location: Basle
Posts: 2,939
Groaned at 76 Times in 60 Posts
Thanked 2,039 Times in 1,188 Posts
Landers has a reputation beyond reputeLanders has a reputation beyond reputeLanders has a reputation beyond reputeLanders has a reputation beyond reputeLanders has a reputation beyond repute
Re: Car Insurance Termination Letter

Quote:
View Post
Did they not cover all your damages from your single incident?
They did cover all the damages
So why mention it in your original post?
Reply With Quote
This user would like to thank Landers for this useful post:
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Termination letter (SWICA with extras) Penguinchen Insurance 8 06.03.2020 10:53
How to write an termination notice letter? ECBM Housing in general 8 24.04.2017 00:23
Termination letter help randomme Housing in general 5 18.01.2017 19:46
Termination letter vs. landlord on vacation Maciej Housing in general 16 26.04.2016 02:28
Letter for termination of rental Sorensen Housing in general 6 27.08.2009 10:10


All times are GMT +2. The time now is 00:40.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0