Car Insurance Is Getting More Expensive: Why Premiums Are Rising

Many drivers in Switzerland are paying more for their car insurance. Reasons for this include higher repair costs, more expensive spare parts, and modern vehicle technology with sensors, cameras, and driver assistance systems. Even minor damage can now cost significantly more than before.
If you receive a premium increase notice, you shouldn't simply pay the new bill automatically. It's worthwhile to review your existing policy and compare different offers. The price isn't the only important factor; the coverage is also crucial: liability, partial comprehensive, full comprehensive, parking damage, bonus protection, breakdown assistance, and replacement vehicles can all vary depending on the provider.
Drivers can often lower their premiums, for example, by choosing a higher deductible, fewer additional coverages, or switching from full comprehensive to partial comprehensive for older vehicles. Regular comparison helps avoid unnecessary costs.

Important to know: In the event of a general premium increase, policyholders usually have the right to cancel their car insurance outside the standard cancellation period. The situation is different if the increase is due to an individual case of damage.