If you want to change your insurance company, simply cancel your car insurance. Let’s find out the terms to proceed correctly.
Being in possession of the RCA policy is essential to be able to circulate on the road, but the prices are often decidedly high. Changing company can prove to be advantageous to save significantly and in this guide we will find out how to cancel car insurance .
Car insurance cancellation and tacit renewal
Starting from January 2013, the car insurance cancellation procedure was facilitated . If in the past the companies could tacitly renew the RCA contract unless the policyholder requested cancellation, with the reform it is now sufficient to let the policy expire in order to change car insurance.
If you do not intend to renew your old policy, you must therefore wait for the natural expiry of the contract and then sign a new one with a different company.
Is it possible to change insurance before the deadline?
The possibility of changing car insurance before the expiry of the policy is allowed only in some specific cases: theft , sale or scrapping of one’s own car. If one of these circumstances occurs, it is therefore possible to change car insurance before expiry and obtain a refund for the amount corresponding to the days of insurance coverage not yet used. The contract will be canceled and all rights and obligations connected with it will be cancelled.
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Car insurance cancellation for sale: how to proceed
If you sell your car, the policy holder can opt for the cancellation of the car insurance . It will therefore be necessary to send a communication to the agency which must indicate personal details, the policy number, the license plate of the car covered by the cover, the deed of sale of the vehicle and the original relating to the insurance certificate and the green card . With the cancellation you will be entitled to a refund of the part of the premium paid and not used.
Canceling car insurance for theft: what to do
Another hypothesis in which it is possible to opt for auto insurance cancellation before the expiry is in the event of theft of the vehicle . The owner of the RCA policy must send the same communication indicated above, however, attaching the report of theft of the vehicle.
Online insurance cancellation form
On the websites of the various Marketplace companies there are links dedicated to the forms for online cancellation . The information relating to the personal data of the policy holder, the number of the insurance policy, the car registration number and finally the signature of the contract holder must be indicated here. Depending on the reasons for canceling auto insurance , additional documents may also be required.
Insurance cancellation letter: here’s how to do it
If you are not familiar with the web, you can cancel the car insurance by registered letter . It will not be necessary to comply with particular formalities, but you will have to indicate your data, the data of your car and of the insurance policy covered by the registered letter and finally sign everything. Proof of receipt of the car insurance cancellation will be given by the return receipt.
Things to know
Does tacit renewal still exist?
In the past, companies could tacitly renew the RCA contract unless the policyholder requested cancellation, while since 2013 it is sufficient to let the policy expire to change car insurance.
Can I cancel my car insurance before it expires?
The possibility of changing car insurance before the expiry of the policy is foreseen in specific cases: theft , sale or scrapping of one’s own car. In these cases it is possible to change car insurance before expiry and obtain a refund for the amount corresponding to the days of insurance coverage not used.
How to cancel car insurance in case of sale?
If you sell your car, the policy holder can opt for the cancellation of the car insurance . It will therefore be necessary to send a specific communication to the agency: the cancellation will have the right to a refund of the part of the premium paid and not used.
How to cancel car insurance in case of theft?
The holder of the RCA policy must send notice of cancellation to the insurance company, attaching the report of theft of the vehicle.
How do I cancel car insurance?
Car insurance can be canceled online , using the forms available on the companies’ websites, or by registered mail with return receipt.
