Tom A
Member
Registered: 3rd Aug 07
Location: Windsor, Berkshire.
User status: Offline
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What would happen if my insurance company went to take money out of my account for insurance, and i was £60 short? Cheers.
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John
Member
Registered: 30th Jun 03
User status: Offline
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They'd probably let you know then cancel the insurance if you didn't pay it.
Bank would possibly charge you as well.
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Tom A
Member
Registered: 3rd Aug 07
Location: Windsor, Berkshire.
User status: Offline
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I can get money into my account, but won't be in until about tuesday/wednesday.
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jt999
Member
Registered: 26th Feb 08
Location: England
User status: Offline
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they would be unhappy with you and probably send a letter and retry at a later date 
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Tommy L
Member
Registered: 21st Aug 06
Location: Northampton Drives: Audi wagon
User status: Offline
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or they will take it out regardless and send you over and make you overdrawn and then your bank will fine you
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Robin
Premium Member
Registered: 7th Jan 04
Location: Northants Drives: Clio 182 Cup
User status: Offline
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The direct debit will be unpaid and you'll end up paying £30 to your bank, unless you have an overdraft big enough to deal with the amount.
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Phil W
Member
Registered: 1st Jul 05
Location: Shropshire Drives : Focus ST
User status: Offline
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Usually if you have no overdraft and its a small ammount you'll be overdrawn by, the ammount will be taken out as per usual, and you will have a fee to pay the bank for getting overdrawm, £28 usually depending on the bank.
Then go into the bank and kick off for being charged, and they will refund it
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jonny-sport
Member
Registered: 24th Dec 07
User status: Offline
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they give you 2 chances to put money in your bank gettin a letter each time then send you a letter to cancel it and only way to stop them canceling it is to pay the rest of what you owe in 7 days. also charge you £20 each time they ask the bank for the money.
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