Auto insurance in Germany

Latest news of Germany auto insurance industry

As per latest news, Volkswagen Credit, a major auto insurance services provider, is levying a fee worth $150. This amount 

would be imposed on independent service contracts, that are insured by it, and whose loan periods are in excess of 5 years. 

This fee has been brought out in 2009. Some other policies have also been adopted by Volkswagen Credit, in order to reduce losses it suffered in recent times. 

Insurance related assistance from car manufacturers in Germany

In Germany auto insurance industry buyers are normally at an advantageous position. Automobile companies in Germany are now helping buyers with issues like insurance as well as registration. This is applicable for both new and used cars. If a dealer does not have necessary authorization his customers would not be eligible for this benefit.