Car insurance after car stolen?

PrincessLou

My car was stolen a couple of weeks ago and I am currently going through the claim process with my insurance company. My question is - do I get a refund on my car insurance that I've paid? I still have 6 months left to go on it but obviously have no car now. My husband thinks they wont refund it until my claim has been completed - is this correct? I should have really asked the lady on the phone.

worried_jim

You expect a refund on something that has paid out? You bought x to do x which cost x. x has now done what x should and you want money back?

TadleyBaggie

May not get a refund at all. Motor insurance policies are for the year (even if you pay monthly), usually when a vehicle is a total loss, the full yearly premium is still due.

notanewuser

Most insurers will let you transfer the remaining policy onto another car (subject to underwriting).

Quentin

No refund at all.

If they catch the thief and he has any funds you can sue them for your losses, apart from that you are stuck.

If you are buying a replacement, assuming your policy continues after the total loss (some end after a total loss), then first check that the replacement is acceptable to your insurer before buying it, otherwise you will have to buy a new policy elsewhere for it.

scheming_gypsy

Why would you get a refund?

The insurance company have insured your car for one year against fire, theft and damage for a cost of £xxx. Within that time period you've had your car stolen and they've paid out.
For the cost of £xxx if your car is stolen / damaged between month 1 and 12 they will pay out. Because your car got stolen on month 6 it doesn't mean that you get 100% payout for 50% cost.
If you buy another car you can usually transfer it onto the policy for the remainder or the 'year'.

22johnny22

With no disrespect meant; I find it staggering this question gets asked time and time again.

People should read the terms and conditions of the contract they have entered into.

PrincessLou

Just to clarify - I meant a refund for the 6 months left unused.

Quentin

All the answers you have been given have been taking that as what you meant!

ie No refund at all.

TadleyBaggie

However some companies are better than others. I had an accident and was insured with Aviva, car was going to be off the road for months and probably written off (complicated story I won't go into). So I bought a "temporary" car and insured via LV. 4 months later when the Aviva insurance expired, I insured the "temporary" car with Aviva and cancelled the policy with LV. LV did refund me for th unused portion, maybe I got lucky.

Three years later I still have the "temporary" car!

scheming_gypsy

you didn't get lucky.
You had a car insured with Aviva and had an accident on it. You then took out a policy with LV and cancelled it - you didn't cancel a policy that you'd made a claim on. The policy you had the accident on expired - so you paid the 12 months, had a claim and the 12 months finished.

In your scenario the OP is trying to cancel the Aviva policy