Started new job, Insurance admin fee's/Increase in premium?
Discussion
Hi I'm just wondering if someone could shed some light on this for me, I took out my renewal car insurance when I was unemployed (got made redundant just after Christmas). Anyway I've just started a new job and I remembered at the time the insurance company telling me to let them know when im working again, I presume I didn't have cover for commuting, now that I'm working should I be giving them a ring to declare this? and if so am I likely to face any sort of increase in premium or administration fee's? If so I'll be paying them to keep legal ofcourse but I'd like to know in advance ^^.
Apologies if this is the wrong forum to post this in and thanks for your help
Apologies if this is the wrong forum to post this in and thanks for your help
symonnnn said:
thanks for the quick response, just gave them a quick phone call, added an extra £30 for the remaining 6 months, £~5 a month, I can live with that
Thanks again
From unemployed into employment?Thanks again
I'd expect a reduction in premium, unemployed carry fairly high risk association for premiums.
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