Help with car insurance

Quentin

If you have decided to cancel the policy, then make sure you get in first! (ie. make sure it's you that cancels them, not they cancel you because of default on your payment)

karenw

Not sure what to do now, i've had a few quotes that are cheaper if i carry on with this arrangement it means me paying over a grand for my insurance which i find very steep, could i get this reduced if i ring them and tell them i don't want the extra stuff like breakdown, legal cover etc :huh:

Quentin

Usually if you cancel extras like this, there can be no refund on the unexpired portion.

Are the quotes still competitive when you factor in the £180? If so, before you cancel, double check that all you owe is £180 (eg does that include your arrears and late payment charges)

karenw

What would happen if rang them and said i had a cheaper quote from someone else and i was moving insurance company?

lisyloo

They'll probably ask for your £180.

You can haggle BEFORE you take out the policy, but I expcet it's impossible for them to change the price now the policy has already started.

Badger_Lady

karenw wrote: »

What would happen if rang them and said i had a cheaper quote from someone else and i was moving insurance company?

They'd say: "Ok, that'll be £180 please". You can't change the price of your insurance after you've already taken it out.

By all means try it (there's no harm in asking), then cancel and take out the new policy - you'll still be quids in (just not quite as much as you would have been earlier on).

Quentin

Have a go, you got nothing to lose. (The best time to do haggling is before you renew, and it may be too late for them to now make changes to the premium just because you don't like it - if they say no, ask them if there are any changes to your cover you could do to reduce the premium, and if that fails, at least you tried)

karenw

Thanks for the advice, it's my own fault really for not cancelling when the renewel came in the post

I will give them a call now!

Quentin

Don't be too long sorting this. Insurers are pretty tough on keeping cover going without being paid, and as already posted, should they cancel the policy because of the default it will have long term consequences.

mum2one

Good luck with it all, it def sounds like you have a roll over with your exicting insurer, b4 you take out any new quotes, check what the costs are for the policy - I may be way off the mark, (not sure on the quotes you have had), but it may actually be cheaper to stay with the insurer, when they send the renewal note, make sure you send it by recorded delievery or special delievery (best but more expensive option) and this can be checked for proof of delievery - you've covered ur rear) but good luck. xx