Changing direct debit date

Poppa_G

Hi.

Has anyone on here got any experience of dealing with Admiral Insurance? My daughter recently changed her job, hence she has gone from weekly pay to monthly pay. Thus she phoned Admiral and asked that in future could she change the date of her Direct Debit, their blunt response was 'No Can Do'.

Instead they have told her she will have to cancel her policy or pay the oustanding amout £800 in full... I've never heard anything so daft.

Any suggestions, she's 21 passed her test earlier this year, when she passed Admiral upped her premium and took the difference in 1 single payment, which was equivalent to 3 months payments. looking for a new policy she's getting quoted £2500 +

Thanks

mikey72

Be careful she doesn't miss the payment altogether. Can you lend her a few weeks money?

System

I think she would find that even if the insurer was willing to amend the date, they would no doubt want to charge her an admin fee of anything up to approx. £50

So, it would be far more cost effective for her to borrow the funds as mikey72 has already said, (transfer / pay into her account) so that the existing Direct Debit can be paid on the correct date.

Do not risk missing a payment because if the policy were cancelled, that would be an even more expensive outcome.

dunstonh

The banks charge firms more for having multiple direct debit dates available. The less dates they have access to the less it costs them. Some companies only have 1 date or just a few in the month.

Probably the easiest thing to do is lend her the money until her pay day.

mikey72

The other problem is they usually change the date by bringing it forward, not back, so she'll end up paying the first new installment early, not later.

Poppa_G

Thanks to Everyone, looks like I'll be lending her the money then as suggested. She is quite proud and has declined this offer, but looks like I'm going to have to put my foot down for once.

vusys1

5 Payment of your premium
[FONT=Zemestro Std Bk,Zemestro Std Bk][FONT=Zemestro Std Bk,Zemestro Std Bk]Unless you ask us to change your payment details, we will debit the payment details we have on file to collect any money due.
[/FONT][/FONT]