Budgat Car Insurance cancellation

danf123

Hi,

I wondered if someone can help I have recently sold my car and no longer require my policy so contacted budget who told me as I have had the policy for 6 months I will be charged £200.70 a £160 fee and £40 cancellation fee. I have told them this is ridiculous and refused to pay saying I will cancel the direct debit and wont pay. They stated that due to agreeing to the terms and conditions I will still need to pay and they will pass onto debt recovery.

My argument was I ha ve no car am not transferring the policy so no longer require it! I wanted to know if I am screwed and will need to pay :mad: or do I have a case??

danf123

Budget or not so!!!

Tom_Pickering

danf123 wrote: »

I wanted to know if I am screwed and will need to pay :mad: or do I have a case??

YES screwed, case NO. It's in their T&C's you agreed to.

All these online insurance companies have high cancellation charges.

danf123

Have been told that someone had similar problem asked the debt recovery for a signed copy of the contract and never heard from them! Could I try that??

scheming_gypsy

course you can try it, you could also answer the door naked but whether it'll help you is anybody's guess

danf123

I may try that one!! Might frighten them away lol

vax2002

When you take out monthly insurance, it is paid in 12 months by a credit company, you buy 12 months insurance that they let you pay on a credit agreement monthly, it matters not if you want all 12 months or not.
They do sell 3,6,9,12 month policies