Insurance After Default

As mentioned, missing a single payment doesn’t automatically mean you’re considered a delinquent payer. Perhaps you’ve just had a month with quite a few large expenses, which is why you can’t pay the premium on time. Most insurers aren’t too strict about this. You’ll first receive a warning, after which you can still pay the premium. However, if you still haven’t paid after receiving multiple warnings from the insurer, you’ll be considered a delinquent payer. A delinquent payer is someone who uses a product or service without paying for it.

Did you forget to pay your insurance premium? If so, you’ll first receive a reminder from your insurer. If you pay that reminder on time, there’s no problem. Are you more than 30 days late with your payment? In the case of auto insurance, your insurer may suspend your coverage. Your license plate will be deregistered with the RDW, and your auto insurance will be suspended. Your car will then no longer be insured. In that case, you are not allowed to drive it on the road. A suspension will be recorded in the system and will be visible to all insurers.

If you are more than 50 days late in paying your premium, your insurer may cancel your policy. Cancellation means that your insurer terminates the policy. You will no longer have to pay insurance premiums, but you will also no longer be insured. Do you still have any outstanding premiums? If so, you must still pay them, even if your policy has been canceled.

If your insurance policy is canceled, you will be registered as a delinquent payer in the CIS database. The CIS database is maintained by the CIS Foundation. They store all insurance data that is important to share, such as when an insurance policy has been canceled due to nonpayment. All affiliated insurance companies can access the database to obtain, store, and exchange information about their customers.

An insurer always checks whether someone has aCIS record before accepting an insurance application. A CIS record will therefore always come to light and can cause you problems when applying for insurance. If you have a CIS record, there is a very high chance that a standard insurance company will not accept your insurance application. You are then considered too high a risk for the insurer.

A CIS registration due to nonpayment usually remains on record for 3 to 5 years. This depends on the nature and severity of the situation. As long as the CIS registration remains on record, it is visible to all insurers. A standard insurance company will not want to insure you, but fortunately, you can always turn to De Vereende. De Vereende was established specifically to insure special risks. Even with a CIS record, you can still purchase insurance through De Vereende. They have a more flexible underwriting policy and, in principle, accept everyone. Once your CIS record has been removed, you can purchase insurance again from a standard insurance company.

Are you known as a delinquent payer and, as a result, unable to purchase insurance? Through Geennee.nl, you can still purchase insurance without any problems! We are the only provider in the Netherlands where you can calculatean estimated premium foryour insurance with De Vereende. Please note that this is an estimate; it is not a final calculation. De Vereende offers customized solutions and will therefore send you a final calculation after you submit your application.

Do you have any questions? Please feel free to contact us. Monday through Friday, from 8:30 a.m. to 5:30 p.m., you can speak with one of our insurance specialists by phone. You can reach us at 088 – 688 3700. If you have a question in the evening or on the weekend that you’d like to ask right away, you can also send us a message via Messenger, WhatsApp, or email. We’ll do our best to answer your question as soon as possible!