We all have the right to change our minds.
We sometimes want to do things quickly to get rid of it, move forward on our “TO DO”, sign an auto insurance contract without having looked too closely at the guarantees offered.
And a few days later, a speaker on the radio, a press article or a conversation with his colleague brings us back to reason.
What if the car insurance contracted was not the right one?
If it were possible to find a contract offering better guarantees or less expensive auto insurance, for equivalent coverage?
How to go back and retract?
Is it even possible?
I find better car insurance by comparing online
What is the right of withdrawal?
Retraction is the fact of reconsidering a decision already made, often providing for a legal period of reflection after the signing of a contract.
The objective is to protect consumers, who can thus take advantage of this withdrawal period, a period during which they have the right to backtrack.
It is also possible to change car insurance, but it is not the same procedure.
Retract after taking out car insurance online
Retract after signing car insurance?
Yes, but under certain conditions.
For purchases made on the internet, by telephone or remotely, article L121-20-12 of the Consumer Code specifies that "the consumer has a period of 14 completed calendar days to exercise his right of withdrawal, without having to give reasons or bear penalties”.
If you signed your insurance contract online or by telephone, and the contract did not take effect immediately, you are therefore one of those consumers who have the possibility of withdrawing within 14 days.
Retract after having taken out car insurance in an agency
If the contract was signed in an agency and/or if it takes effect immediately after being signed, it is impossible to cancel it.
But check the terms and conditions of your contract anyway, looking for a special clause that says you can do it.
A good surprise can appear, as if by miracle.
The only solution otherwise: wait a year to terminate the car contract and replace it with a more suitable contract.
Online comparators can be of great help in helping you sort out and this time, the right choice.
I am looking for a new insurance contract for my vehicle
Retract after taking out an insurance contract online
First element to check: is the application of the car insurance contract in question immediate?
If it is not, you have 14 calendar days to exercise your right of withdrawal for your car insurance contract.
The famous article L121-20-12 of the Consumer Code!
What is the procedure for withdrawing?
The procedure to follow is then as follows:
send your insurer a registered letter with acknowledgment of receipt indicating the car insurance contract number, the date of subscription of the contract, the date of request,
do not forget to attach a photocopy of the article of the Consumer Code.
Your file will then be solid.
For the financial part, either you will have to pay the share corresponding to the period during which your car will have been covered by the auto insurance contract;
or, in the case of full payment at the time of subscription, the insurer will reimburse you the sum due to you, taking into account the share linked to the period during which your car has benefited from the guarantees.
After these deadlines, you will have to wait to terminate the auto insurance contract.
What is the deadline for canceling an auto insurance contract?
If your auto insurance policy took effect immediately after it was taken out, you have no choice: you will have to wait until the anniversary date to terminate it.
No withdrawal possible.
A little patience… Unless you find yourself in a situation that allows you to justify a cancellation: a change of situation or a fault of the auto insurer.
>> I am changing car insurance contract
