Cancelling insurance say 3 months in

RichB86 · 30-06-2008, 14:32

How do most insurance companies deal with this?

say you've not had a claim and want to cancel and go elsewhere how do most insurance companies do this?

ap0gee · 30-06-2008, 14:35

Just ring up and cancel AFAIK. If you pay in installments, you may get some interest back, and if you pay upfront, you should get a pro rata refund. In both cases, some kind of admin fee will no doubt apply...

Gizmo68 · 30-06-2008, 15:01

They can also be suspended for a whilst as well.

Most insurance company's will charge an admin fee for ANY alterations.

Have a read of their T&C's for charges they will make.

**mannyo** · 30-06-2008, 15:22

The way each company deals with cancelation varies.

If you pay by installments, depending on how the payments are loaded you may find you owe them money still.

There will be an admin fee, the amount will vary.

bubba · 30-06-2008, 18:42

You also won't get it counting towards your no claims bonus

gadgetman · 30-06-2008, 22:42

You may find you still owe money and/or wont get any refund until you return the certificate.

The car will also be flagged as uninsured straight away upon cancellation taking effect, so you will need insurance cover to start straight away.

30-06-2008, 14:32	#1
RichB86 Briskodian Join Date: Jul 2007 Location: Oxfordshire Posts: 784 Thanks: 35 Thanked 26 Times in 25 Posts	Cancelling insurance say 3 months in How do most insurance companies deal with this? say you've not had a claim and want to cancel and go elsewhere how do most insurance companies do this? __________________ Must Go Faster

30-06-2008, 14:35	#2
ap0gee ASZ Eternal Join Date: Aug 2004 Location: Leafy Chesh-shire Posts: 6,286 Thanks: 302 Thanked 303 Times in 262 Posts	Re: Cancelling insurance say 3 months in Just ring up and cancel AFAIK. If you pay in installments, you may get some interest back, and if you pay upfront, you should get a pro rata refund. In both cases, some kind of admin fee will no doubt apply... __________________

30-06-2008, 15:01	#3
Gizmo68 Briskodian Join Date: Dec 2004 Location: Hawkinge Kent Posts: 1,116 Thanks: 12 Thanked 57 Times in 56 Posts	Re: Cancelling insurance say 3 months in They can also be suspended for a whilst as well. Most insurance company's will charge an admin fee for ANY alterations. Have a read of their T&C's for charges they will make.

30-06-2008, 15:22	#4
mannyo BRISKODA Staff Join Date: Nov 2002 Location: Stevenage Herts. Posts: 10,711 Thanks: 24 Thanked 253 Times in 239 Posts	Re: Cancelling insurance say 3 months in The way each company deals with cancelation varies. If you pay by installments, depending on how the payments are loaded you may find you owe them money still. There will be an admin fee, the amount will vary. __________________ Manny 2005 Octavia 2.0TDi Elegance combi my skoda website http://www.octaviars.co.uk Join the briskoda.net folding team click Here for more info

30-06-2008, 18:42	#5
bubba Briskodian Join Date: Nov 2007 Posts: 60 Thanks: 0 Thanked 1 Time in 1 Post	Re: Cancelling insurance say 3 months in You also won't get it counting towards your no claims bonus __________________ Neil Silver MkI Octavia VRS

30-06-2008, 22:42	#6
gadgetman Go Gadget Octy! Join Date: Apr 2007 Posts: 2,470 Thanks: 135 Thanked 82 Times in 75 Posts	Re: Cancelling insurance say 3 months in You may find you still owe money and/or wont get any refund until you return the certificate. The car will also be flagged as uninsured straight away upon cancellation taking effect, so you will need insurance cover to start straight away. __________________ Lick the window of life Why not join the Briskoda Last.fm group?

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