Question by Christian de Nîmes: “I am about to change insurer for my car. What will become of my coefficient of bonus and penalties?”
You can change your insurer in peace. The bonus-malus, which you have acquired, will be transferred to your new insurer. The value of the transmitted bonus coefficient will be calculated from an information statement during the change. Your insurer must provide you with it at the time of the termination of the contract. Note in passing that this document can be requested at any time, even if you do not change insurer.
On this document, your reduction and increase coefficient will be specified. It will also be indicated the history of claims occurred during of the last five years. Among the elements registered: the nature of the claim, the date, the identity of the responsible driver and your share of liability adopted.
Make sure that the contract subscription date, the vehicle registration number, your name and first names, your date of birth, the number and date of delivery of the subscriber driving license and each of the drivers designated in the contract appear on this statement. Otherwise, he will have no value in the eyes of your new insurance company.
Based on all these information, your new insurer will offer you A suitable price For your subscription. If you have been an impeccable driver, you can hope to see your insurance subscription lower. Conversely, beware of an insurer who would benefit from possible accidents to, in the end, exaggerately increase the amount of the insurance premium.