With a credit agreement (Car Insurance) can you cancel that any time and pay it up?

*Kat*

My insurance for the year is something like £580, or £90 per month, I want to just have a couple of months where I pay monthly, then pay off the rest in full, are you able to do that?

BTW. I am with Admiral

wadewadewade

Is this an existing agreement? It might either be a DD with Admiral - in which case call them to find out - or a credit agreement with a third party - in which case it's less likely.

stugib

Might be less hassle just to pay for it on a credit card, do a couple of monthly payments then pay it off, if that's an option?

[Deleted User]

Yes you can. But why on earth would you do this with such a big cost for credit, you should approach them and request that the credit value be reconsidered.

[Deleted User]

Sorry I realise you have not done this yet, I agree with the credit card option if you must do something like this, what about just getting 2 months cover? and then buying another policy in full?