Insurance Changes

foxblade

Hi,

I have been looking into both my house and pet insurance and can get them cheaper elsewhere.

My question is, do I have to wait for the due date to move insurance? or can I move at any time?

If I can move at anytime do I have to pay the rest of the cover for the rest of the year...it's direct debit at the moment.

I have never moved company until I have had the new year form though so not sure on this one.

Please help!!

:j

McKneff

There are always cancellation charges, you just have to find out from your ins. company how much they are unless they are in your terms and conditions.

You then have to work out how much you will save with the new policies.

Take one from the other and you have your answer. If there isnt much in it just keep with your old policy till renewal.
Check that neither of them are on auto renewal, you should get letters asking you if you wish to cancel and renewal but these
letters, a lot of the time get 'lost' in the post.

masterlumps

we cancelled one of the car insurance policys mid term a few weeks back and expected a bill - we got a cheque for £17

foxblade

Hi,

yeah masterlumps, I have cancelled insurance for the car half way though, but never pet or home.

Thanks, for the answers mckneff..hope there isn't a charge both were auto-renewed in June 2010.

foxblade

Thanks for all the help. I found this in the guide:

You too may cancel this Policy. Any refund of premium will be
calculated from the date we receive your notice of cancellation
and will normally be the full premium less premium at our short
period rates for the period the Policy has been in force.

---

So onto the company tomorrow as I can save £100 per year!!!!

McKneff

foxblade wrote: »

Thanks for all the help. I found this in the guide:

You too may cancel this Policy. Any refund of premium will be
calculated from the date we receive your notice of cancellation
and will normally be the full premium less premium at our short
period rates for the period the Policy has been in force.

---

So onto the company tomorrow as I can save £100 per year!!!!

I can see what youre saying about short period rates but there also may be a cancellation charge, dont forget to check.