The insurance company must be informed by registered letter with acknowledgment of receipt of your decision to terminate the insurance contract. Belgian legislation provides for 5 circumstances in which it is possible to terminate your car insurance contract. Each of these corresponds to a specific deadline that must be strictly observed. What is the notice period for terminating car insurance?
Upon the expiration of the insurance contract
It is possible not to renew your car insurance contract when it expires. You simply need to send your cancellation letter at least 3 months before this anniversary date. If you have already found a new insurer, they can handle this formality for you.
Termination after a claim or an accident
If you are not satisfied with the handling of your case by your insurance company after an accident, you can terminate your contract with them. To do so, simply send a registered letter with acknowledgment of receipt within one month at most after compensation or refusal to pay.
What if the insurance company increases its rate?
If the company changes its general insurance conditions or increases its rates, you have a maximum of 1 month from the receipt of the letter announcing this change to terminate your contract.
What if the risk of having an accident decreases?
Are you changing cars and your new vehicle is significantly less powerful than the previous one? Are you moving and driving fewer kilometers to get to work or for your professional travels? As soon as the risk of having an accident is reduced, you can ask your insurer to review your premiums.
If the latter refuses to lower them, you can terminate your insurance contract by sending them a registered letter. Termination will be effective 30 days after receipt of this letter.
Termination after signing the insurance contract
Belgian legislation also provides for a 14-day withdrawal period after signing a car insurance contract. This means you can request the cancellation of this contract during this legal period.
