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Car Insurance 2026

Car Insurance Premiums 2026: What You Will Pay

Expat Guide / Written for Newcomers

7-15% average increase, up to 40% for new customers. Understand why prices rise and how to save money.

Key German Terms You Need to Know

Praemie

Premium (insurance cost)

Selbstbeteiligung

Deductible

Schadensfreiheitsrabatt

No-claims discount

Beitragsanpassung

Premium adjustment

Versicherungswechsel

Switching insurers

Werkstattkosten

Workshop costs

Sonderkuendigungsrecht

Special cancellation right

Jahresbeitrag

Annual premium

2026 Premium Alert

Many insurers are raising prices significantly in 2026. If your premium increases, you have a special cancellation right (Sonderkuendigungsrecht) within 1 month. Use it to compare and switch!

2026 Premium Changes at a Glance

7-15%

Average premium increase

Up to 40%

For new customers

Up to 850 Euro

Potential savings by switching

1

Step 1: Why Premiums Are Rising

Several factors drive the 2026 premium increases. Understanding them helps you make informed decisions:

Cost FactorCurrent LevelChange
Workshop hourly rateOver 200 Euro+15%
Average liability claim4,200 Euro+12%
Average comprehensive claim4,000 Euro+10%
Spare parts costsIncreased+18%
Electronic repairsIncreased+25%

Modern Cars = Higher Repair Costs

Today's cars have more sensors, cameras, and electronics. A simple bumper repair now often requires recalibrating safety systems, adding hundreds to repair bills.

2

Step 2: Watch Out for Hidden Increases

Not all premium increases are obvious. Here is what to watch for:

Changed Conditions

Some insurers reduce coverage while keeping the same price. Check if your policy still includes what you need.

No-Claims Discount Changes

Your Schadensfreiheitsrabatt might be recalculated, effectively raising your premium even without claims.

Regional/Type Class Updates

Annual updates to regional and type classes may increase your base rate without any policy change.

Check Your Renewal Letter Carefully

Compare every line with your current policy. Any change - even small ones - may trigger your special cancellation right.

Premium Increased? Compare Now!

Find a better deal in minutes. Our free comparison shows you all available offers.

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3

Step 3: Know Your Rights

German law protects you when insurers raise prices:

Special Cancellation Right (Sonderkuendigungsrecht)

  • Triggered by any premium increase not caused by you
  • You have 1 month to cancel after receiving the notice
  • Policy ends when the increase would take effect
  • Your no-claims bonus transfers to your new insurer

Regular Cancellation

Even without a premium increase, you can cancel your policy by November 30 each year, effective December 31. This is independent of when you signed up.

4

Step 4: How to Save Money

Here are proven strategies to reduce your premium:

Compare Every Year

Prices vary wildly between insurers. Comparing can save 200-850 Euro annually.

Potential saving: Up to 850 Euro/year

Choose Higher Deductible

A 300 Euro deductible instead of 150 Euro reduces your premium significantly.

Potential saving: 10-20%

Use Telematics

Apps or devices that track your driving can earn discounts for safe driving.

Potential saving: Up to 30%

Pay Annually

Annual payment is cheaper than monthly. Insurers charge 5-10% extra for monthly payments.

Potential saving: 5-10%

Additional Discounts to Ask About

Garage parking, limited mileage, second car discount, public employee discount, membership discounts (ADAC, unions). Every bit helps!

5

Step 5: Special Tips for Expats

  • Transfer Your No-Claims History

    Some insurers accept driving history from your home country. This can significantly reduce your premium as a newcomer.

  • Start Building SF-Klasse

    Every claim-free year reduces your premium. Starting at SF0, you reach the best rate (SF35+) over time.

  • Consider Liability Only Initially

    For older cars, liability-only (Haftpflicht) may be sufficient and costs much less than comprehensive coverage.

Frequently Asked Questions

When should I switch insurers?

Any time your premium increases (use special cancellation right) or by November 30 for the regular switching period. Compare at least once a year.

Will my coverage gap if I switch?

No, your new policy starts exactly when your old one ends. You arrange the new policy first, then cancel the old one. There is no gap in coverage.

Do I lose my no-claims bonus when switching?

No, your SF-Klasse transfers to your new insurer. Request a confirmation letter from your old insurer and submit it to the new one.

Is the cheapest insurer always the best choice?

Not always. Check the coverage details, claim handling reputation, and customer service quality. Sometimes paying slightly more gives you better protection.

Summary: Your Action Plan

  1. 1Check your renewal letter carefully for any changes
  2. 2Compare offers from multiple insurers online
  3. 3Use your special cancellation right if premium increases
  4. 4Apply saving strategies: higher deductible, annual payment, telematics

Compare and Save Up to 850 Euro

Do not overpay for car insurance. Our free comparison shows all offers - find the best deal in minutes.

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