Tips and tricks

Premium increases: How to cancel your insurance

Health, houses, cars - Austrians have insurance for almost everything. Read here to find out how to get out.(Bild: Zerbor)

According to the new premium analysis by krankenversichern.at, anyone wishing to take out a new private health insurance policy will have to pay up to eight percent higher premiums. But even with existing insurance policies, the premiums increase year after year - often while the benefits remain the same. Have you had enough? Krone+ has taken a look at how you can get out of the clutches of your insurance company.

Insurance is a dime a dozen: for personal health, against damage caused by storms or fires, for household or road traffic damage. In most cases, premiums rise annually in response to inflation and increases in value. Krone+ has researched for you the circumstances under which you do not have to tolerate price increases and can cancel your insurance if you wish.