Many want to change, few do
Every year, the decision from the car insurance company comes fluttering into the house and indicates that the premiums will (once again) be increased. Very few car owners who want to continue driving their long-loved vehicle are rewarded with low premiums on their previous insurance. It is usually only cheaper if a new or younger vehicle is to be registered and insured. At the latest when the affected policyholders hold the letter in their hands, they feel the desire to change car insurance. There must be better providers! Exactly those exist, but in the end the convenience of many Swiss people spreads and prevails. The few francs more are paid, the worst anger is gone? and reappears at the latest next year at the same time.
Comparison shows: high price differences make a change necessary
The difference between the premiums of the individual car insurers is large, as the comparison shows NZZ on Sunday Published August 28, 2021. The differences can be up to 60 percent if you compare the provider with the best conditions (Postfinance) and the most expensive contracts (Allianz and Generali). A Swiss man was taken as a basis here, male, 35 years old and the owner of a middle-class car. He should pay 575 francs a year for the cheapest insurance, but more than 900 francs for the most expensive.
The differences become even more apparent when a Swiss citizen with a foreign passport wants to insure a car. Here, however, even the cheapest providers are far more expensive, the differences are more evident when comparing a person with a Swiss and a person with a foreign passport. A Swiss citizen with a foreign passport has to pay between 400 and 600 francs a year.
The price differences show that it makes sense to compare prices at least once a year and then not only consider that switching would help you save, but actually switch. Why are the Swiss so lazy? are not shown by the comparisons and studies. It is assumed that a share of just five percent of the insured will actually change in the end and not only intend to do so.
Conclusion: The will is there, but nothing more
Every year, the Swiss grumble about increases in premiums if they stick with their insurance company. If you register a new vehicle and want to take out liability insurance for it, you do not face the problem, of course, because the premiums for newly registered vehicles have been falling for years. Otherwise, it can be said that the scolding remains, because only a small proportion of the insured really want to change. However, it is not known whether it is due to the effort involved in comparing providers and having to actively deal with the switch, or whether there are other reasons for the unwillingness to switch.
