Wednesday, August 4, 2010

Liability insurers raise prices

As the club money and consumers (GVI) announced increase in Heilbronn, some liability insurance 1 July prices. With some providers, the insurance premiums rise accordingly by up to 5%.

Each year, independent trustees calculate an average value of all payments made by the liability insurer. If this value is higher than last year, the provider may increase their contributions. Therefore, this year a contribution increase of 5% possible. However, some insurers have already announced plans to waive an increase in contributions.

The association points out that the insured have a premium increase at a special right, from which they can make within one month of use. As the team has found a provider can make changes up to 50% cost savings while improving services.

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