Is it permissible to switch insurance companies to another, cheaper company after the insured has caused an accident for which the company has paid?

It is permissible to switch to a cheaper insurance company if the regulations allow it. This is because commercial insurance is entered into in cases of necessity and to avert severe hardship, especially for Muslims in Europe where no Islamic alternative is available. A Muslim must fulfill thestipulations permitted in the residency contract and manifest their religion and adhere to it steadfastly.