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Author Insurance cancellation question...
Rob B
Member

Registered: 8th Jan 04
Location: Area Motorsport Drives: Race EP3
User status: Offline
29th Oct 10 at 17:12   View User's Profile U2U Member Reply With Quote

Hey guys, due to my insurers mess up it looks like i'm now not insured on the BMW i've found it 200 pounds cheaper anyway so not to fussed.

Basically i paid 600 pounds of the full amount straight away (1100 full amount), i rang up on the 15th of this month to explain i can't pay the other 500 until the 31st of this month, however today i recieve letter saying your policy is cancelled and this cannot be revoked, now i'm going to call them in the morning as my other car is insured with them and will be cancelling that too if neccesary can use that to my benefit hopefully.

However if they can't do anything about it, there commision is 5.65% of the annual amount so i'm wandering how much of my would be returned as i've only been with them on this vehicle 6 weeks.

Cheers
Ben G
Member

Registered: 12th Jan 07
Location: Essex
User status: Offline
29th Oct 10 at 17:13   View User's Profile U2U Member Reply With Quote

you will get 600 quid back minus 6 weeks worth of policy and 5.65%.

i can't be bothered to work it out though.
Rob B
Member

Registered: 8th Jan 04
Location: Area Motorsport Drives: Race EP3
User status: Offline
29th Oct 10 at 17:21   View User's Profile U2U Member Reply With Quote

So there won't be any other charges at all? Works out to roughly

126 + 62 so 188.

seems a bit cheap to me, i thought they'd sting me loads.
Ben G
Member

Registered: 12th Jan 07
Location: Essex
User status: Offline
29th Oct 10 at 17:23   View User's Profile U2U Member Reply With Quote

theres usually a 50 quid admin fee to cancel the policy but seeing as they cancelled it themselves i can't see them making you pay for that.

 
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