Vehicle insurance for short term without high penalties?

[Nesty1760]

Hi All

I have an insurance question.

I am in the process of selling my Campervan, the insurance expires on the 31st.
I am naturally hoping to sell it before then, but if I don t then I may need say another 2 weeks at worst case scenario.

On insurance do you have a 2 week cancellation clause, upon taking a policy out?

I don t want to renew for another year, but I know most companies when they got hold of your money they unlikely to give it back.

Any ideas?

Thanks

Edited by Nesty1760 on Saturday 18th July 12:55

[davek_964]

Nesty1760 said:

Hi All

I have an insurance question.

I am in the process of selling my Campervan, the insurance expires on the 31st.
I am naturally hoping to sell it before then, but if I don t then I may need say another 2 weeks at worst case scenario.

On insurance do you have a 2 week cancellation clause, upon taking a policy out?

I don t want to renew for another year, but I know most companies when they got hold of your money they unlikely to give it back.

Any ideas?

Thanks

Edited by Nesty1760 on Saturday 18th July 12:55

Literally not true where insurance is concerned. They will give you a pro rata refund, minus whatever their admin fee is.

[Nesty1760]

OK many thanks.
It's been ages since I have cancelled insurance.

[M138]

I'll give you an example of what happened with me this month.
Car renewal was on 1/7/26, I pay monthly, so £18 went out of my direct debit account on the 1/7/26, on the 5/7/26 I bought another car, (been looking for months at right price, so made my move), my insurance company Saga quoted that I need to pay an extra £120 to insure my new car (even though I was replacing a 1.4 Fiesta with another 1.4 Fiesta, just a bit newer) so I cancelled with Saga and got insured elsewhere.
So for 5 days I payed the £18 monthly and on top of that wanted £13.50 arrangement fee.
Now bearing in mind I've had another car and my house and up till the 5/7/26 my daily insured with them for years without a claim I think they've got a cheek.

[davek_964]

M138 said:

I'll give you an example of what happened with me this month.
Car renewal was on 1/7/26, I pay monthly, so £18 went out of my direct debit account on the 1/7/26, on the 5/7/26 I bought another car, (been looking for months at right price, so made my move), my insurance company Saga quoted that I need to pay an extra £120 to insure my new car (even though I was replacing a 1.4 Fiesta with another 1.4 Fiesta, just a bit newer) so I cancelled with Saga and got insured elsewhere.
So for 5 days I payed the £18 monthly and on top of that wanted £13.50 arrangement fee.
Now bearing in mind I've had another car and my house and up till the 5/7/26 my daily insured with them for years without a claim I think they've got a cheek.

Pretty much all car insurance will only refund whole month's. Having paid £18 for the month, it doesn't matter whether you cancel it on day 1 or day 31, it would cost you £18.

[M138]

davek_964 said:

M138 said:

I'll give you an example of what happened with me this month.
Car renewal was on 1/7/26, I pay monthly, so £18 went out of my direct debit account on the 1/7/26, on the 5/7/26 I bought another car, (been looking for months at right price, so made my move), my insurance company Saga quoted that I need to pay an extra £120 to insure my new car (even though I was replacing a 1.4 Fiesta with another 1.4 Fiesta, just a bit newer) so I cancelled with Saga and got insured elsewhere.
So for 5 days I payed the £18 monthly and on top of that wanted £13.50 arrangement fee.
Now bearing in mind I've had another car and my house and up till the 5/7/26 my daily insured with them for years without a claim I think they've got a cheek.

Pretty much all car insurance will only refund whole month's. Having paid £18 for the month, it doesn't matter whether you cancel it on day 1 or day 31, it would cost you £18.

It does in this case as it was in the 14 days cooling off period. The arrangement fee would've been more but some of it was deducted from the money I'd paid already for a month's insurance.