How to abandon Casco

How to abandon Casco

Casco is voluntary vehicle insurance. This is the cheapest pleasure, but if we assume that the car was hijacked or damaged - this insurance covers all expenses. There are situations in which the CASCO contract has to terminate. Most often is the sale of the car. In this case, you need to contact the transport company with a statement of termination of the contract.

1
It is necessary to study the terms of the contract in detail, especially the item where the responsibilities of the parties are prescribed. It is indicated, for how many days you need to notify the company about termination of the contract. Typically, this period is two weeks.

2
Next, you should contact the company directly. There is a form of statements. It can also be ordered via the Internet or by phone. If there is no certain form, the statement is written in an arbitrary form to the name of the person from which the CASCO agreement was signed. To learn exactly, on whose name, you can write in the organization itself or just look at the insurance policy at that part where the organization is seal.

3
The next stage is a visit to the insurance company. The expert needs to provide a statement, insurance policy and a certification document. It should be remembered that the contract is terminated from the date, which is indicated on the statement.

4
Do not forget about the return of funds. The amount of the unspent insurance premium is calculated by the insurance specialist, the statement is also written (indicating the current account and the details of the bank in which it is open) that the insurance company returns the money. Sometimes unaffected funds can be obtained at the office of the insurance company, if any.

Thinking about termination of the contract must be in advance, as it takes a certain time for its consideration. It should also be very careful to study the conditions in order to have the competence in this matter.

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