Change auto insurance after 1 year of contract

Change auto insurance after 1 year of contract

It is easier to change auto insurance since January 01, 2015 thanks to the Hamon law. This gives you the possibility to cancel your current auto insurance, at any time, after 1 year of subscription. The advantages provided by this law are numerous: no justification necessary to make your request for termination, a change in car insurance facilitated by your new insurer, no fees or penalties, etc.

Here are the steps to follow to change auto insurance after 1 year of contract:

    Compare all the offers on the market: As stated previously, you must compare the offers on the auto insurance market in order to find one that fully matches your profile and your budget. Besides saving time, you can save a lot of money.
    Choose the best auto insurance: consider taking out a personalized offer. Note that you should not abandon the level of coverage in favor of the cheapest offer in the industry.
    Support for termination by your new insurer: once you have found the best deal, all you need to do is apply to your new insurer. He will carry out all the termination procedures. The goal is to provide you with seamless coverage.
    Activation of the contract 1 month after the request for change: your new auto insurance contract comes to life 1 month after your request for termination.

How long do I need to change auto insurance?

Depending on the situation, the deadlines for changing auto insurance may not be the same:

    The deadline for changing auto insurance on the expiry date: varies between 1 and 2 months. You therefore have between 1 and 2 months to send a registered letter with acknowledgment of receipt to make your request for termination.
    The deadlines for changing auto insurance via the Chatel law: your notice of expiry must be sent to you by your insurer. If you receive it less than 15 days before the end of your term, you will have 20 days to request a termination of your contract. If you do not receive this document, then you will have the option to cancel as soon as you wish.
    The deadlines for changing auto insurance via the Hamon law: once the date of the first anniversary of your contract has passed, you can request a change in auto insurance at any time. The termination of your old contract will take effect 30 days after sending your termination letter.

The documents to gather to change auto insurance

Several documents are required to change auto insurance:

    Your driver's license.
    The gray card of your vehicle.
    The information statement.

The auto insurance information statement is a document summarizing all the information about your policyholder profile and your driving history. It lists the number of your claims, all of your car's characteristics (model, engine, etc.) and the details of your auto insurance contract. In addition, note that other information must appear in your information slip: your last name, first name, date of birth, driver's license number, your bonus-malus, etc.