FasT09
Member
Registered: 4th Feb 05
Location: North Yorkshire
User status: Offline
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I paid my insurance for the corsa in one go and runs out november. I want to cancel it and wondered whether i'll get money back. will i be charged?
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deano87
Member
Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
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Depends on your insurance companies terms.
If you haven't claimed, you should in theory get bit of a refund 
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Dan295
Member
Registered: 9th Oct 06
Location: London
User status: Offline
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they will want "administrative fees" for doing it basically its their way of getting more money off you, imo sit and wait you will get a years extra claims then...
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ashbishop90
Member
Registered: 19th Mar 07
Location: Leicestershire
User status: Offline
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wanted to cancel my moped insurance year or so ago, (half way through the policy) and they wanted to charge me for cancelling early!!! even though i paid it all upfront, no claims etc......
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deano87
Member
Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
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My girlfriend cancelled her monthly insurance early, and got about £25 back. Was with Churchill.
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Dan295
Member
Registered: 9th Oct 06
Location: London
User status: Offline
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quote:
Originally posted by ashbishop90
wanted to cancel my moped insurance year or so ago, (half way through the policy) and they wanted to charge me for cancelling early!!! even though i paid it all upfront, no claims etc......
they are arseholes, its their administrative fees, they say people have to do paperwork etc, but in reality at the touch of a buttom they dont cover you anymore, insurance is such a joke
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Dan295
Member
Registered: 9th Oct 06
Location: London
User status: Offline
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quote:
Originally posted by FasT09
I paid my insurance for the corsa in one go and runs out november. I want to cancel it and wondered whether i'll get money back. will i be charged?
i read your thread, looked a nice car shame u sold it, seewht they say but tbh i would carry on with it and earn the no claims
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ashbishop90
Member
Registered: 19th Mar 07
Location: Leicestershire
User status: Offline
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paying monthly is different, you can literally stop paying, and stop being insured.
but its a bummer when you pay it all upfront then dont see the money if you cancel early..
FasT09 - ring up, ask them bout cancelling, whats the worst that can happen????
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TheCam
Member
Registered: 16th Mar 07
Location: Kirkcaldy
User status: Offline
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You cant just stop paying if its monthly it doesnt work like that. i tried that and they wanted 30 ddays notice (in effect 1 more payment (£130)) i told them they can raffle for their payment and cancelled my direct debit. I now have bad credit rating.
FAST - just see it out and get your year mate
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FasT09
Member
Registered: 4th Feb 05
Location: North Yorkshire
User status: Offline
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thing is i got different insurance with another company with my new car and i paid in full for a year so wouldnt matter if i waited till november. Just want to cancel this one but dont want to pay 45 quid or what ever admin charge
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Graham88
Member
Registered: 16th Apr 07
Location: South East Kent Drives: E46 M3
User status: Offline
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I cancelled my moped insurance 8 months into the policy. Paid £400 at the beginning and got £150 back after admin fees...
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TheCam
Member
Registered: 16th Mar 07
Location: Kirkcaldy
User status: Offline
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oh if thats the case fone up and cancel. if you have paid in full you will get a few months back minus the charge.
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