Car Insurance

h5ldh

Warning to all.
my car insurance was due for renewal so i decided to shop around, i failed to read the small print as i wanted to move to a different company which worked out cheaper, my insurance company that i am with informed me that as i had not informed them that i wanted to cancel that it would cost me the remainder of the term being 11 months plus a £75 admin fee to get out.
It stated that if i would have read the small print that it mentions that insurance is on a rolling renewal and that i should have informed them prior to my insurance running out that i did not wish to renew with them.
The game is not straight they should not be allowed to get away with this, any way i am having to pay for 12 months and get ripped of:mad:

mancitychick

Did you not get a renewal notice from them, with there price for the coming year? That would normally state that they will renew automatically or that after X date you will have no insurance.

mancitychick

Also if it is less than 14 days since the new policy started you are still in the "cooling off" period and can cancel with out incurring the charges.

atomicsheep

Yes as the above post said, you get the renewal letter stating the auto renewal"

I have just cancelled mine with Hastings. The letter stated I could cancel anytime before the renewal date otherwise it auto renewed.

The cooling off period sounds a good bet to go with

shaun_from_Africa

I would take a guess that it's gone past the 14 day cooling off period.

It sounds as if the OP received their renewal notice (which they admit not reading the T&C's on), and then only found out at a later date that the premium had been taken from their bank/card.
It's the "it would cost me the remainder of the term being 11 months" that makes me think this.