We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Gap & tyre insurance

We purchased a car last November & took out additional gap & tyre insurance. We've now realised that the car is not suitable due to expanding family, but we've been told this insurance is non-transferable, therefore we would have to continue payments for another 2 & half years even if we change the car.

Does anyone know if there is anything we can do?

Comments

  • jd82
    jd82 Posts: 306 Forumite
    If you have to pay this insurance monthly it sounds like you have been completly ripped off. My gap insurance for my brand new car was only £140.

    I am really not sure what you can do because I assume all this was in the small print.
  • taffy056
    taffy056 Posts: 4,895 Forumite
    Wouldn't that be classed as an unfair clause in the terms ? Last year I complained about a similar clause when I cancelled a policy mid term, they wanted almost all the full year premiums for having a policy for 2 months, they said because it was my first year with them they would not pro rata it, they have altered their terms now as it was deemed unfair. So I would take it further if I was you.
    Excel Parking, MET Parking, Combined Parking Solutions, VP Parking Solutions, ANPR PC Ltd, & Roxburghe Debt Collectors. What do they all have in common?
    They are all or have been suspended from accessing the DVLA database for gross misconduct!
    Do you really need to ask what kind of people run parking companies?
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.