Procedure for Refunding a Car insurance payment-1 year, but only using 8 months

Jane_gs

Got 1 years car insurance, it is now 8 months, and don't need the rest of the 4 months / as the car wont be used.

so this money can be rebated/refunded can't it? (for the 4 months left)

What is the procedure for cancelling the car insurance, at 8 months into it? (so a refund is given for the remaining 4 months).


are there forms to fill in?

motorguy

Jane_gs wrote: »

Got 1 years car insurance, it is now 8 months, and don't need the rest of the 4 months / as the car wont be used.

so this money can be rebated/refunded can't it? (for the 4 months left)

What is the procedure for cancelling the car insurance, at 8 months into it? (so a refund is given for the remaining 4 months).


are there forms to fill in?

Ring up your insurance company. I dont think they will necessarily give you back the remainder pro rata. You'll get something back, but you bought 1 years insurance, so you've no immediate right to the remainder back, just because you dont need it.

Sorry.

photome

Doubt you will get much back (if anything) after admin charges.

have a look at your policy wording and call the company

EDIT

would be surprised if the OP returns with thanks or comments though

gilbert_and_sullivan

Might be worth not cancelling, depending on the accrued NCB situation.

rxbren

Cheaper in the long run to just keep the insurance youll have an extra years no claims bonus you have already paid the money so its not a monthly cost so its a no brainer

londonTiger

no way does one year ncb give you 1/3 the cost of first years insurance. unless you're 18 or something.

you'll get hit with admin charges for the cancellation. the low end the insurer the more you pay,

Foxy-Stoat_3

They might not of had any NCD 1 year = 30%

Keep it going and wait for the renewal, you wont get much back, unless your premium was £1000+