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£25 Admin Charge

Hi all

Have been getting house insurance quotes. I have what looks quite a good one from axa with quikfit as the broker.

Quikfit are telling me that if I cancel within 14 days they will charge me £25 admin fee?

Can they do this under distance selling regs and what have you?

Regards

Comments

  • dunstonh
    dunstonh Posts: 121,167 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Can they do this under distance selling regs and what have you?

    yes they can.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • McKneff
    McKneff Posts: 38,857 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    DSRs don't apply.

    They would have carried out some work for you which the £25
    charge would possibly cover, so yes they can.

    Most companies do this now.
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
  • nomoneytoday
    nomoneytoday Posts: 4,871 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    As long as they're upfront, and you agree to it, then why not?
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