Among the latest news on auto insurance with Monti’s Government there are various amendments made in the insurance field, these amendments have been designed with the intention of improving the quality of service and in some cases to improve road safety.
With the new laws now each insurance agency is obliged to show to the contractor, prior to the act of signing a contract, a comparison of three different policies from other companies. The user this way will be more informed in choosing the right company for him.
Another innovation is in the renewing process of a contract: tacit renewal will now be a thing of the past.. This is done in order to avoid an unfair behaviour of insurance companies, which used to automatically renew the contract without establishing a contact with the user.
After the expiry of a contract, the user will no longer need to communicate the cancellation of the contract, thanks to the disappearance of tacit renewal. If the insured wishes to keep the same policy he must explicitly request renewal. Now insurance companies are obliged to establish contact with the user, within thirty days before the expiry of the contract.
Another great innovation is the introduction of the black box in all vehicles. Since it’s now free for anyone to install a black box in their own vehicles, there is now a big increase of users who decide to install this electronic device in their cars and motorcycles.
Why can this come in handy? What is this black box for? This device records anything that happens with the vehicle, it stores important data and it is useful for both fighting against insurance fraud and for helping the user get a better and safer driving style.
The Bersani Law, on the other hand, is not really an innovation as it was first introduced in 2007, its main target was to allow all families to save on car insurance, but according to a study made by authorities after so many years lots of people still do not know how to take advantage of it.
The Bersani law allows you to take advantage of a more advantageous class of merit than the legal entry. How is this possible? By inheriting the merit of another family member, for example a parent, a sibling or a spouse – as long as cohabitant – and get a better rate for car insurance.
There are some conditions that need to be met in order to apply:
- The insurance can be inherited only if within the same family there is someone who is already owning a car with a policy either active or a suspended one
- The newly purchased vehicle can belong to a family member which has to live in the same address of the other user
- The newly purchased vehicle class has to be the same of the other vehicle, so the class can be transmitted only among vehicles of the same class, for example a car with a car, motorcycle with a motorcycle.