Matty SRi
Member
Registered: 3rd Dec 08
Location: Stockton-on-Tees Drives: Mk3 Golf GTi
User status: Offline
|
Basically if i dont pay my monthly payment by Thursday... then my insurance is cancelled... and due to me not being able to afford £194 a month i have no choice!
Neway, am i better off ringing them up and canceling it before hand or just leaving it? Also would i be charged for cancellation?
Obviously i will loose my deposit lol
Any info appreciated 
|
mattk
Member
Registered: 27th Feb 06
Location: St. Helens
User status: Offline
|
ring them up, it will affect your credit rating if you simply dont pay
|
Matty SRi
Member
Registered: 3rd Dec 08
Location: Stockton-on-Tees Drives: Mk3 Golf GTi
User status: Offline
|
so i am better of ringing up and canceling before hand.... do u know if i will be charged for this? Thanx
|
chr15barn3s
Member
Registered: 5th Oct 03
Location: Farnborough
User status: Offline
|
I would think they would still want to charge you for the time between your last payment and when you cancel. You may get some money back though if cancelling before the end of the policy.
|
Matty SRi
Member
Registered: 3rd Dec 08
Location: Stockton-on-Tees Drives: Mk3 Golf GTi
User status: Offline
|
quote:
Originally posted by chr15barn3s
I would think they would still want to charge you for the time between your last payment and when you cancel. .
Was thinking that but surely £500 deposit 3 months ago would be enough to cover that ?
|
Jake
Member
Registered: 24th Jan 05
User status: Offline
|
you can ring up and suspend the cover, thats what i did with mine anyway. out of interest what car do you have that costs you so much a month?
|
James_DT
Member
Registered: 9th Apr 04
Location: Cambridgeshire
User status: Offline
|
Yeah, £194 a month is pretty mad.
Direct Line will let you miss one payment, as long as it's made with (or by) the next month's payment, are you sure your company doesn't allow something like that?
|
Jay
Member
Registered: 26th Sep 04
Location: Liverpool
User status: Offline
|
The deposit doesnt cover that, been in the exact same boat as you, paying more or less same amount, I just suspended it and let it run out, never heard nothing after that, that was 4 years ago.
|
Matty SRi
Member
Registered: 3rd Dec 08
Location: Stockton-on-Tees Drives: Mk3 Golf GTi
User status: Offline
|
well its a corsa ! lol.... 1.4 8v sri! cant believe i even started paying it to be honest... and after looking about everywhere, i still cant get it any cheaper !!
cant understand y it is so much, after seeing over peoples insurance alot lower on a 1.6 sport !
being 18 with 0ncb the same as me
im insured with quinn direct, dunno if ne1 has done this with them before?
will give them a ring 2moro and see what the story is as regards to getting it sunspended...
cheers guys
|
N3CRO
Member
Registered: 12th Apr 07
Location: Sandy, Bedfordshire
User status: Offline
|
I pay monthly and in Oct last year, the direct debit failed twice due to no money in my account, I just rung them and said take the money on this date as I don't get paid til then and they were fine with that.
|
weerab
Member
Registered: 11th Feb 06
Location: Allanton, North Lanarkshire
User status: Offline
|
if u supend your insurance does this mean it isnt cancelled? and how long can you get it suspended for as this would save me having to re-open an insurance policy.
sorry for the thread hijack matty
[Edited on 19-01-2009 by weerab]
|
pow
Premium Member
Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline
|
Ring up and cancel!
|
Neo
Member
Registered: 20th Feb 07
Location: Essex
User status: Offline
|
Quinn will be arseholes, they couldnt understand that all i wanted to do was change the car on the policy, and told me i had to end it and take out a anew policy. Douchebags
Just ring up, cancel and then get some quotes from other places. Remember make sure you dont leave it on the road without insurance.
|
a_j_mair
Member
Registered: 23rd Jan 04
Location: Scotland
User status: Offline
|
ring up and speak to them.
seems hell of a dear
is that 3rd party f+t
sometimes fc is cheaper
|
Kevxx
Member
Registered: 14th May 08
Location: Forfar, Angus
User status: Offline
|
quote:
Originally posted by weerab
if u supend your insurance does this mean it isnt cancelled? and how long can you get it suspended for as this would save me having to re-open an insurance policy.
sorry for the thread hijack matty
[Edited on 19-01-2009 by weerab]
suspended is when you can't drive your car, but pay for insurance 
basically you get to keep your NCB or build one up!
|
weerab
Member
Registered: 11th Feb 06
Location: Allanton, North Lanarkshire
User status: Offline
|
quote:
Originally posted by Kevxx
suspended is when you can't drive your car, but pay for insurance
basically you get to keep your NCB or build one up!
cheers kev
mines is getting cancelled at the end of the month aswell as i cant afford it either
[Edited on 19-01-2009 by weerab]
|
Matty SRi
Member
Registered: 3rd Dec 08
Location: Stockton-on-Tees Drives: Mk3 Golf GTi
User status: Offline
|
quote:
Originally posted by a_j_mair
ring up and speak to them.
seems hell of a dear
is that 3rd party f+t
sometimes fc is cheaper
yeah that is 3rd party fire and theft... cant get it any cheaper and cant understand y it is so dear....
only problem i have is i live in a flat.... and i have to park the car in a public car park.... wouldnt really wana leave it there uninsured so will have to sell it 
|
BYRON
Member
Registered: 1st Jun 04
User status: Offline
|
You might have signed into a credit agreement. Typically this is what smaller broker type insurers do - taking a loan out on your behalf. You might be hit with a large cancellation fee.
|
Jay
Member
Registered: 26th Sep 04
Location: Liverpool
User status: Offline
|
quote:
Originally posted by Kevxx
quote:
Originally posted by weerab
if u supend your insurance does this mean it isnt cancelled? and how long can you get it suspended for as this would save me having to re-open an insurance policy.
sorry for the thread hijack matty
[Edited on 19-01-2009 by weerab]
suspended is when you can't drive your car, but pay for insurance
basically you get to keep your NCB or build one up!
Not true, with elephant ive done it a few times when I sold the car and never bought another one, cancelled the Driect Debit and then rang them up when I got a new car and it carried on from there and I still got a full years NCB, that is from experience.
|
