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Motor insurance, HELP!

Hi, my boyfriend had his motorbike stolen, his insurance paid out. We thought that was the end of the matter. However, they have now written to him asking him to pay for the rest of the policy because he didn't specifically say he wanted to end the policy and they left the policy going in case he wanted to insure another vehicle. Can they do that? Do we have to pay them?

Comments

  • Quentin
    Quentin Posts: 40,405 Forumite
    Had he told them he wanted to finish the policy, then they would have deducted the remaining money owed from the settlement.

    Following his claim, the full year must be paid.
  • McKneff
    McKneff Posts: 38,857 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    That's normal, he took a policy out for the bike for a year.

    If he had paid up front, then claimed for the bike they wouldnt be giving him a refund.

    The insurance is not paid for on a monthly basis. Its a loan to be paid off over a time for your convenience.
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
  • thenudeone
    thenudeone Posts: 4,462 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    There was an almost identical question a few days ago - here's the answer
    http://forums.moneysavingexpert.com/showpost.php?p=52246131&postcount=2
    We need the earth for food, water, and shelter.
    The earth needs us for nothing.
    The earth does not belong to us.
    We belong to the Earth
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