Do you have a bad Schufa score and wonder if you can even get car liability insurance? Don’t worry, you’re not alone! Many car owners in Germany face this problem. In this article, you’ll learn everything important about “Car Liability Insurance Despite Schufa.”
What Does “Car Liability Insurance Despite Schufa” Mean?
First of all: Car liability insurance is mandatory in Germany. Without it, you are not allowed to drive your vehicle on public roads. Schufa (Schutzgemeinschaft für allgemeine Kreditsicherung), on the other hand, stores information about your creditworthiness. If you haven’t paid debts in the past, this can lead to a negative Schufa entry. Many insurance companies check the Schufa of their potential customers. A negative entry can result in the insurer rejecting your application or offering you a contract with poor terms.
Why is Car Liability Insurance Despite Schufa So Important?
Imagine you cause an accident and don’t have valid insurance. In that case, you would have to pay for all damages yourself. This can quickly become very expensive and, in the worst case, lead to financial ruin. “Once I had to help with a car accident where the at-fault driver had no insurance,” says Michael Schmidt, a car mechanic from Berlin. “The driver had crashed his car into a truck. The damage was in the hundreds of thousands. It was heartbreaking to see how desperate the man was.”
Two damaged cars after an accident, emphasizing the importance of insurance
How Do I Get Car Liability Insurance Despite Schufa?
There are various ways to get car liability insurance despite a negative Schufa:
1. Use Comparison Portals:
Compare offers from different insurance companies. Not all insurers assess Schufa equally strictly.
2. Adjust Policy Features:
Choose a higher deductible or exclude unnecessary add-ons. This can lower the premium and increase the likelihood of acceptance.
3. Prepayment of the Premium:
Offer to pay the insurance premium annually in advance. This shows the insurer your willingness to pay.
4. Second Car Insurance:
If you already have a car insured, you can register your new vehicle as a second car. Often, the requirements for second car insurance are lower.
5. Engage an Insurance Broker:
An insurance broker knows the market and can help you find suitable car liability insurance despite Schufa.
Icons representing comparing car insurance policies
Tips for Finding Car Liability Insurance Despite Schufa
- Honesty is the best policy: Don’t hide your negative Schufa. This can lead to problems later.
- Have documents ready: Keep all important documents, such as your ID card, driver’s license, and your Schufa report, ready.
- Inform yourself early: Take care of new car liability insurance well in advance. It becomes more difficult to find a new provider shortly before the old policy expires.
- Be patient: Finding suitable insurance can take some time. Don’t be discouraged if it doesn’t work out immediately.
Conclusion: Car Liability Insurance Despite Schufa – Yes, It’s Possible!
Getting car liability insurance despite Schufa can be a challenge, but it’s not impossible. With a little patience, the right knowledge, and our tips, you are guaranteed to find suitable and affordable insurance for your car.
Do you still have questions about “Car Liability Insurance Despite Schufa”? Then contact us now! Our car insurance experts will be happy to help you.
