Car sold but cancelling insurance is gonna cost me.
Discussion
It's Privilege, so a cheap one. It's in their terms. Been with them for a few years and I do get discount as they covered both my cars and my cottage.
Remember cancelling a bike policy with Bennetts after 6 months. They worked out they owed me 30 quid but the administration charge was 45 so they billed me. I fought that one and got money back in the end.
Just a pain tho.
Remember cancelling a bike policy with Bennetts after 6 months. They worked out they owed me 30 quid but the administration charge was 45 so they billed me. I fought that one and got money back in the end.
Just a pain tho.
cuprabob said:
I had this scenario when I sold my 2nd car and got round it by suspending the policy and when it lapsed they gave me pro-rata refund without any charges.
My insurance company was Privilege.
But they charge for the sheer audacity of calling them up so did they not charge an admin fee for daring to suspend the insurance My insurance company was Privilege.
croyde said:
But they charge for the sheer audacity of calling them up so did they not charge an admin fee for daring to suspend the insurance
It was actually them that suggested I suspend the policy. Once the policy had lapsed they did a pro-rata refund and no admin charges were deducted from the refund.If I had cancelled the policy the charges woukd have exceeded the refund and it would have cost me money to cancel.
Initforthemoney said:
Really??????
- https://www.rac.co.uk/forum/showthread.php?19031-c...Looks like one of the posters on that thread is on here too (same username).
mad4amanda said:
That is absolutely mental ! Surely the vendors insurance no longer covered the vehicle once he didn't own it any more ? If you were on the hook for something like this, maybe being liable if the insurers came after you personally, surely you would lie through your back teeth and swear blind you notified them of a cancellation, maybe by letter or you rang up and told Sheila or whichever dizzy b
h you supposedly spoke to. Sometimes people are just too eager to tell the truth.
Every solicitor in the world will say never ever volunteer information, especially without seeking legal advice first.
h you supposedly spoke to. Sometimes people are just too eager to tell the truth.Every solicitor in the world will say never ever volunteer information, especially without seeking legal advice first.
I had a no fault accident in which my personal injuries claim dragged on for 2 years.
When it was eventually settled I thought I’d tell my insurance company that it was all sorted.
‘Thanks for informing us Mr Drawweight that’ll be 35 quid to update our records’
I was so stunned that I paid it then mentioned it later on a post that R Loon was contributing to and he told me to get on to them and I got it refunded.
‘Don’t tell them Pike’
When it was eventually settled I thought I’d tell my insurance company that it was all sorted.
‘Thanks for informing us Mr Drawweight that’ll be 35 quid to update our records’
I was so stunned that I paid it then mentioned it later on a post that R Loon was contributing to and he told me to get on to them and I got it refunded.
‘Don’t tell them Pike’
I got caught for this the other week too, well my better half as I sort out all car stuff.
My Mrs sold her car to a guy from France.
The insurance only had 4 weeks left to run. So I rang them out of courtesy to let them know it was sold so to stop the insurance. I knew she’d get nothing back.
That’ll be £30 please for cancelling the policy!! Like a bloody mug I paid it.
So if I moan now can I get it back?
My Mrs sold her car to a guy from France.
The insurance only had 4 weeks left to run. So I rang them out of courtesy to let them know it was sold so to stop the insurance. I knew she’d get nothing back.
That’ll be £30 please for cancelling the policy!! Like a bloody mug I paid it.
So if I moan now can I get it back?
mickmcpaddy said:
If you were on the hook for something like this, maybe being liable if the insurers came after you personally, surely you would lie through your back teeth and swear blind you notified them of a cancellation, maybe by letter or you rang up and told Sheila or whichever dizzy bh you supposedly spoke to. Sometimes people are just too eager to tell the truth.
Every solicitor in the world will say never ever volunteer information, especially without seeking legal advice first.
probably why insurers record all calls now and send you a confirmation letterh you supposedly spoke to. Sometimes people are just too eager to tell the truth.Every solicitor in the world will say never ever volunteer information, especially without seeking legal advice first.
OddCat said:
mad4amanda said:
That is absolutely mental ! Surely the vendors insurance no longer covered the vehicle once he didn't own it any more ? 2. No, because they were still the MID insurer of record, because the policy was still active.
TooMany2cvs said:
OddCat said:
mad4amanda said:
That is absolutely mental ! Surely the vendors insurance no longer covered the vehicle once he didn't own it any more ? 2. No, because they were still the MID insurer of record, because the policy was still active.
It seems wacko and barmy to us mere normal folk and is one of the dangers of leaving a Policy active or dual insurance in place.
croyde said:
A month to go so I know I'll get nothing back but when I call and cancel it's going to cost me £37.50.
Surely this means loads of cars are insured twice as I'd imagine many won't want to lose more money.
What's the Law's view on this?
I don't get it?Surely this means loads of cars are insured twice as I'd imagine many won't want to lose more money.
What's the Law's view on this?
What happens if you let the insurance run to the end of the contracted year and then don't renew it with them?
That won't cost you anything. Will it? Shirley?
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