Black Box - Admiral/Bell

Author
Discussion

D1on

Original Poster:

802 posts

186 months

Wednesday 22nd April 2015
quotequote all
Been looking at these lately as quotes seem a lot cheaper for me...

However when people say they can "penalise" you, How would they do this to me if I pay for a years insurance in full?...

They cant just help themselves to money out of my bank account...??

D1on

Original Poster:

802 posts

186 months

Thursday 23rd April 2015
quotequote all
ging84 said:
they can cancel your policy
usually what telemetrics companies do is send out a warning letter or 2 and if they still aren't happy, they offer you a choice of converting your policy into a standard policy if you meet their criteria for one, or cancelling the policy, converting usually comes with a massive cost increase.
But they usually have the right to give you notice they are simply cancelling it with 7 days notice if you do anything they really don't like, they would need to give a prorata refund (no doubt less an unreasonable 'admin' fee) if the policy was paid upfront
So if they cancelled the policy...
You would get a refund except for the months that you'd had the cover for?... smile