Insurance problems
Discussion
I'm having a little trouble with my broker. I have arranged a new policy with the same broker as my old car as they were providing a competitive price. I paid the initial installment via card and was insured that day; the paperwork to be sent in the post and completed.
When the paperwork arrived it stated that I had kept my license for six years as opposed to one. I rang my broker to get this corrected and did not sign the paperwork. I am spending the extra for fully comp and do not want to pay good money for a policy that becomes invalid the moment I claim and I get charged with driving without insurance.
A week or so later I had a letter from the insurer's credit agency informing me that they were in lieu of payment. I rang them too late and found out the money had been turned paid back my the company. After hearing nothing a week later I chase up my broker who have now sent me a note saying they require an additional £400 to make this change. They are now much more expensive than everyone else.
Would it be possile to change to another broker at this point? I have not signed the paperwork but upon agreeing with the broker that I would take out the policy that would be a verbal contract. Would I have to continue with the policy until next year whereby I tell the broker to get bent and take it our with a rival firm? Is there any risk I could be unknowingly driving uninsured?
At the end of the day I just want to be on the road legally.
When the paperwork arrived it stated that I had kept my license for six years as opposed to one. I rang my broker to get this corrected and did not sign the paperwork. I am spending the extra for fully comp and do not want to pay good money for a policy that becomes invalid the moment I claim and I get charged with driving without insurance.
A week or so later I had a letter from the insurer's credit agency informing me that they were in lieu of payment. I rang them too late and found out the money had been turned paid back my the company. After hearing nothing a week later I chase up my broker who have now sent me a note saying they require an additional £400 to make this change. They are now much more expensive than everyone else.
Would it be possile to change to another broker at this point? I have not signed the paperwork but upon agreeing with the broker that I would take out the policy that would be a verbal contract. Would I have to continue with the policy until next year whereby I tell the broker to get bent and take it our with a rival firm? Is there any risk I could be unknowingly driving uninsured?
At the end of the day I just want to be on the road legally.
Change the policy...if you've not paid too much in installment...forget it..
Go elsewhere and don't revisit that company...
Be especially careful what you do and cover your ass...because the company will cover theirs and leave your cheese out in the wind if it all goes wrong..
Street
Go elsewhere and don't revisit that company...
Be especially careful what you do and cover your ass...because the company will cover theirs and leave your cheese out in the wind if it all goes wrong..
Street
I had a similar problem with my last car. I got a quote for the non-turbo version of my car rather than the turbo version I owned. Like you I thought the quote was good and pay for it. The paper work arrived stating NA. So I rang up and was told it was an extra 300 quid. I quoted their phone "warning" give all the correct details etc.. and asked them to revise the tapes. Result, I got the insurance 300 quid cheaper than it should have been because I was quoted on the correct details I gave. And yes the policy was changed to turbo.
sadako said:
The finance outfit paid the premiums, then got their money back from the insurers already because I didnt return the signed form
In that case, you can cancel the policy and get part of the premium back, but you've still got to pay the full amount to the finance bods.
The amount you get back from the insurer will not be the unexpired part of the premium, they'll whack you with a penalty.
Looks like at the moment i'm damned if i do, damned if i dont. I'll argue the toss with the brokers to see if i can get anything from the 400 quid since it was their cockup. I have been with these brokers since I passed so they should know better, stupid b
s. This is a small family run brokers that my family use.
s. This is a small family run brokers that my family use.Gassing Station | Speed, Plod & the Law | Top of Page | What's New | My Stuff