Notice Periods for Insurance – What You Should Know
Many policyholders pay premiums for years, even though there are better or cheaper options available. The key to switching: the right notice period. If you know and follow it, you can save real money – while still being optimally insured.
What notice periods apply?
Most insurance contracts have a standard notice period of three months before the end of the insurance year. This means: you must cancel at least three months before the main due date – otherwise the contract automatically renews for another year.
Example:
If your policy runs until December 31, the cancellation must reach the insurer by September 30 at the latest.
Special cancellation rights – when you can get out early:
- Premium increase without improvement in benefits
- Claim, after which settlement or rejection has occurred
- Sale or deregistration of the insured object (e.g. car)
How to cancel correctly:
- Always cancel in writing (by letter or – if accepted – by email)
- Always include your insurance policy number
- Best sent by registered mail or with read receipt
- Send on time – the date of receipt counts!
Tip:
Use our free Policy Check – we'll tell you not only whether switching is worthwhile, but also when and how you can cancel.