Fpegman wrote on Tue Jun 13, 2017 6:05pm:
The law in Spain requires 1 month only to be given to cancel insurance
When it comes to the one month rule for cancelling that doesn't apply if you are not renewing because you are not cancelling but choosing to go elsewhere.
Wrong I am afraid if you do not notify within 1 month of renewal it is assumed that you are staying with the insurer. I an an agent
Wrong I'm afraid, last year we simply didn't renew less than two weeks before the renewal date by stopping the direct debit.
Posted: Tue Jun 13, 2017 10:29pm
Hi there it's very good information as we have also home insurance with sabadell bank from past five years. We tried to stop home insurance with bank but they didn't and said we need to make sure that apartment is insured. We are paying quite a lot from past five years nearly 200 euros for 1st floor 2beds apptment. I will check this year and stop direct debt. Thanks for very good and important information.
Riaz
John56 wrote on Tue Jun 13, 2017 10:19pm:
Wrong I'm afraid, last year we simply didn't renew less than two weeks before the renewal date by stopping the direct debit.
That does not mean I am wrong which I am not it just means your insurance company decided not to chase you I assure you I know the law in Spain It is part of my job to do so
Advertisement - posts continue below
Posted: Wed Jun 14, 2017 8:45am
Very helpful member
Many thanks for clarifying the situation. I will contact my bank a month before expiry.
Posted: Wed Jun 14, 2017 10:03am
We will check this year as well and will make sure to renew privately. But the bank some time do not let you do so. I don't know what to do.
Posted: Wed Jun 14, 2017 10:11am
Helpful member
Hi, definitely the insurance law establishes the minimum term of ONE month prior to expiration to annul any insurance in a reliable way, this can be by registered letter, burofax or personally presenting the letter in bank / company with copy to obtain the entry stamp and cannot be refused.
Kind regards
Find out more about Gran Alacant Insurances - a paid advertiser on this website.
Posted: Wed Jun 14, 2017 10:28am
Hi I thank you for your reply this can be a great help. I will make sure this year to take private insurance. Please if you know any reliable and cheap insurance company than send me there no. If they can speak English so I can call to them. I live in oriheula costa area La Zania. Thank you
Posted: Wed Jun 14, 2017 10:45am
Very helpful member
We shopped around earlier this year for insurance on a property we had just purchased. We found Spanish-Insurance.net @ Calle La Zenia shopping Mall next to Mercadona were the best priced. They have insured us with generali and gave us the terms and conditions in English while we were in their office.
Find more General discussion topics from a particular area:
Or view all General discussion topics in all of Costa Blanca.
We use cookies and other tracking technologies to improve your browsing experience on our website, to show you personalised content and targeted ads, to analyse our website traffic, and to understand where our visitors are coming from. Visit our Privacy Policy to learn how we and our partners collect and use data and how to change your settings.