The main inspection (HU) and emissions test (AU) are mandatory for every car owner in Germany. But in addition to these regular checks, mileage reporting also plays an important role. Especially for those insured with Allianz, “mileage reporting” can be relevant. What exactly is behind it and how does it affect your insurance coverage?
The Importance of Mileage Reporting at Allianz
Mileage reporting allows Allianz to better assess your individual driving behavior. Based on the reported mileage, the insurance company can calculate your risk more accurately and thus offer fair and transparent insurance premiums.
Imagine Mr. Schmidt and Ms. Müller both drive the same type of vehicle, but Mr. Schmidt covers 30,000 km annually, while Ms. Müller only drives 5,000 km. It is obvious that Mr. Schmidt is at a higher risk of being involved in an accident. Therefore, it is only fair that his insurance premium is adjusted accordingly.
Car odometer for Allianz insurance
How Does Mileage Reporting Work at Allianz?
Allianz offers various ways to report your mileage:
- Online Portal: You can easily enter your mileage in the Allianz online customer portal at any time.
- By Phone: You can reach Allianz by phone via the service hotline to report your mileage.
- In Writing: Alternatively, you can send your mileage to Allianz by mail.
It is advisable to make the annual reporting of mileage a habit. “Regularly updating the data is essential for optimal insurance coverage,” emphasizes Dr. Markus Wagner, insurance expert from Munich.
Benefits of Mileage Reporting
Mileage reporting offers advantages not only to Allianz but also to you as the policyholder:
- Fair Premium Calculation: By accurately recording your mileage, you only pay for what you actually use.
- Transparency: You get a clear overview of the factors that influence your insurance premium.
- Individual Pricing: Depending on your mileage, you benefit from lower rates and special conditions.
Car in an Allianz insurance workshop
What Happens in Case of False Information?
Providing false mileage information can have far-reaching consequences:
- Refusal of Benefits: In the event of an accident, Allianz can refuse benefits if discrepancies in mileage are found.
- Contractual Penalty: False information can result in contractual penalties and, in the worst case, even criminal consequences.
Conclusion
Mileage reporting is an important part of your car insurance with Allianz. By regularly updating your mileage, you ensure a fair premium calculation and benefit from optimal insurance coverage. If you have any questions about mileage reporting or other aspects of your car insurance, the experts at AutoRepairAid.com are happy to help.
Contact us today for a free consultation!
