djedstar
Member
Registered: 22nd Jan 07
Location: Keighley, West Yorkshire
User status: Offline
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me and my girlfreind were both insured on her corsa c 1.0 12v me provision al obviuosly and her full both on the same policy my cover started in july and hers in may we went in today too cancel the policy which we paid one lump sum for and they wont give us any money back so i have lost about £700 and her about £500  she made a claim thats why they wont give her any money back which is fair enough but surely i should get some money back any advice apreciated
[Edited on 02-09-2008 by djedstar]
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John
Member
Registered: 30th Jun 03
User status: Offline
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No you shouldn't get your money back.
You can't just claim then leave and expect money back 
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FruitBooTeR
Member
Registered: 18th Jan 07
Location: Wolverhampton Drives: S15
User status: Offline
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Why do you want to cancel?
It proberly says in the contract about cancelation and refunds etc...
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RichR
Premium Member
Registered: 17th Oct 01
Location: Waterhouses, Staffordshire
User status: Offline
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quote:
Originally posted by John
No you shouldn't get your money back.
You can't just claim then leave and expect money back
This is something I've never understood - I know its in the paperwork, but if you crash your car; you can claim any remaining tax back as you paid for 6 or 12 months. Ie if you crash 1 month after you renew tax, you could get 5 - 11 months back.
With insurance you have paid for 12 months insurance cover; yet if you have a smash, they write off the remaining period and you get no money back. If you have a smash the same day that you got your insurance, you would lose 12 months insurance money, as well as having to pay excess; its a stealth way of making extra revenue
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John
Member
Registered: 30th Jun 03
User status: Offline
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They have calculated the risk over a year and are charging you for that though.
As much as I hate paying insurance they are a business, it's not their fault if you crash one month in and not 12 months in.
By that logic they should give you all the money back if you don't crash.
Road tax isn't based on anything close to the same as insurance.
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sand-eel
Member
Registered: 15th Mar 07
Location: carluke/braidwood--IRNBRULAND
User status: Offline
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It's just the way it works, everyone knows that
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bubble
Member
Registered: 24th Jan 04
Location: Darwin, NT Australia.
User status: Offline
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so you hate that your insurance company wont give you money back, after they paid for your claim?
are you serious?
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deano87
Member
Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
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They don't write off your insurance.
When I had a crash, I claimed for myself and for the 3rd parties etc. My insurance just continued for the year. Then increased massively the 2nd year. 1) because I was a risk 2) to recoup some money.
Might be different if your car is written off, however they'd just continue the insurance on the new car, surely?!
[Edited on 02-09-2008 by deano87]
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John
Member
Registered: 30th Jun 03
User status: Offline
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It is different when it's written off.
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deano87
Member
Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
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Fair enough.
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Mobby
Member
Registered: 31st Dec 07
Location: Leicestershire
User status: Offline
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lol
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djedstar
Member
Registered: 22nd Jan 07
Location: Keighley, West Yorkshire
User status: Offline
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no its fair enough that they wont give her any money back but surely i should get some back as i started my cover after she claimed etc
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RichR
Premium Member
Registered: 17th Oct 01
Location: Waterhouses, Staffordshire
User status: Offline
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quote:
Originally posted by John
They have calculated the risk over a year and are charging you for that though.
As much as I hate paying insurance they are a business, it's not their fault if you crash one month in and not 12 months in.
By that logic they should give you all the money back if you don't crash.
Road tax isn't based on anything close to the same as insurance.
You're missing my point!
My insurance allows me to cancel at any point in the first 10 months and to then claim back every full month remaining thereafter.
Tax is under the same principle; I can request a refund for any remaining months upon cancellation of Tax.
With tax, you can crash your car and re-claim any tax paid ( to the next full month)
With (my) Insurance you can not claim back any unused insurance term after a crash (I pay in one lump sum annually)
The term of the insurance is 12 months; if you use it for 12 months then you have had the cover for 12 months; so no, by my logic, you have used 12 months worth of that product so should have paid for it.
What I don't like is that if I crashed, I have paid for 12 months cover but possibly used only 6 months of that cover; potentially leaving me with 6 months insurance cover for a car which no longer exists. 
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JM_16v
Member
Registered: 17th Oct 05
Location: Essex Drives: GLC63S
User status: Offline
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tbh i dont think you should get any cash back, it would reduce premiums, its a 12month legally binding contract
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John
Member
Registered: 30th Jun 03
User status: Offline
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The insurance have calculated the risk of you crashing the car over the 12 months.
If you cancel without crashing your car you won't be making a claim and they'll give you back the remainder of the policy.
If you do write if off they've had to pay out for the car no matter what point in the 12 months you done it.
No matter whether we agree or not I don't see whats not to get.
Tax is a fee for letting you use the roads, if you claim the cash back you'll either not be using the roads anymore or you'll have to get tax on a new car, they don't lose out, car tax isn't based on risk of you crashing.
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grogan
Member
Registered: 31st Jul 06
Location: County Durham
User status: Offline
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isnt insurance like this paid per policy not per driver? as when you get added to a policy, it increases the policy ££ if anyone gets what i mean? its not like she pays £1000* and you pay £1000*, the policy costs £2000* all in, how ever you paid it between yourselves has no relevance to the insurance company!
* fiction
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PaulW
Member
Registered: 26th Jan 03
Location: Atherton, Greater Manchester
User status: Offline
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You said yourself you were BOTH on the SAME policy
When a claim is made, it is made against that policy. Just because you are both on it does not mean you have different rights.
You are not liable for any sort of refund in that respect.
As John says, if neither of you crashed the car, you would be able to get a partial refund.
But as your policy was a joint Single policy on 1 car, the claim has been made, and so neither of you are liable for any refund, regardless of fault.
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RichR
Premium Member
Registered: 17th Oct 01
Location: Waterhouses, Staffordshire
User status: Offline
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What I'm saying is (and I do undertand your point of view) is that not only do you have to pay for the excess, but you also lose the remaining policy;
Also how does it work if you pay monthly; you're technically still in a 12 month contract - do you have to continue paying or do you stop upon making a claim?
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John
Member
Registered: 30th Jun 03
User status: Offline
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You need to continue paying.
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Lynny
Member
Registered: 3rd Jan 03
Location: oop north! Where people talk properly
User status: Offline
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was £700 to add you onto a 1.0
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djedstar
Member
Registered: 22nd Jan 07
Location: Keighley, West Yorkshire
User status: Offline
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yep went through a broker though
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deano87
Member
Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
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yep went through a broker though
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pow
Premium Member
Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline
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Norwich Union allow you to carry on insuring a new car when you write one off. FACT
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antnee
Member
Registered: 30th Dec 07
Location: Cov Drives: Clio 197
User status: Offline
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my policy says this
quote:
Cancellation (other)
This Motor Policy may be cancelled
a) by You notifying Us or Our Authorised Underwriting Agent that You require Your Motor Policy to be cancelled. Cancelling the direct debit instruction does
not mean You have cancelled the policy. Cancellation will take effect from the date We receive Your Certificate of Motor Insurance. We will calculate the
refund to which You are entitled in accordance with the cancellation scale specified in Your Statement of Insurance for Your Car and in accordance with the
cancellation conditions shown in each respective cover section in Your Endsleigh Motor Policy book for all other associated cover sections provided no
claims have occurred during the current Period of Insurance
b) by Us or Our Authorised Underwriting Agents by sending You seven days notice in writing to Your last known address. Provided no claims have occurred
during the current Period of Insurance, You will be entitled to the refund of the unexpired portion of Your premium
c) by Us or Our Authorised Underwriting Agents by sendingYou seven days notice in writing to Your last known address if You do not pay the premium or any
loans for financing insurance premiums.
We reserve the right to terminate Your Motor Policy following a total loss claim.
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