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Car Insurance Cancellation

I am wanting to cancel my curent policy was I want my dad taken off and my boyfriend put on. TheAA have beaten my current policy by £100 so obviously I am going to change tonight. I called my current policy provider to ask about refunding half of my year as I paid in one lump sum.

They said that there was a £45 administration charge on top of this. Is this reasonable? Are there ways of claiming it back/getting out of it?

Help is greatly appreciated!!
:xmastree: :snow_laug Christmas Nutter :snow_laug:xmastree:

Comments

  • My problem is similar to yours.

    click in the link to see it

    if you get any advice please email me

    shizine@hotmail.com

    http://forums.moneysavingexpert.com/showthread.html?t=72&page=24
    Miss Money :cool:
  • deanos
    deanos Posts: 11,241 Forumite
    Part of the Furniture 10,000 Posts Uniform Washer
    Dani85 wrote:
    They said that there was a £45 administration charge on top of this. Is this reasonable? Are there ways of claiming it back/getting out of it?

    Sorry it will be in the terms and condtions you agreed to when taking out insurance so will have to be paid
  • honeypop
    honeypop Posts: 1,502 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    You do realise you will be losing out on NCD from your current policy because you are stopping it part way through? Why not just amend your current policy to take your dad off and put bf on (there will probably be an admin charge for this), it may even lower your premium in some circumstances (have you checked with them?), and let the policy run it's course thus getting your no claims bonus.

    Changing now just to get another policy at £100 cheaper, may be worse off than letting this policy run and getting more than that off renewal with the extra years NCD, hope that makes sense!
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