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Quick car insurance renewal question
RobH_5
Posts: 7 Forumite
Hi all,
I'm sorry if this is silly, but if I don't want to renew my car insurance do I have to tell my current insurer? I've just insured with a different company, but my bank ballance wouldn't cope if my current insurer "renewed it for me" so to speak, particularly not at the premium they are quoting!
Thanks in advance
Rob.
I'm sorry if this is silly, but if I don't want to renew my car insurance do I have to tell my current insurer? I've just insured with a different company, but my bank ballance wouldn't cope if my current insurer "renewed it for me" so to speak, particularly not at the premium they are quoting!
Thanks in advance
Rob.
0
Comments
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Yes, you would do.
In all probability, you've given your permission for direct debits to continue. Give them a ring to be sure and tell them you dont want to renew.0 -
It is worthwhile telling them, and maybe also putting it in writing. Some insurance contracts now are on a 12 month rolling basis and if you dont say you are insuring elsewhere they will take the money for the next 12 months automatically (this is mainly the case if you paid by credit/debit card).
If you have a dig round there are many posts from indignant people who have found this out the hard way.0 -
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If its a Direct Debit make sure you cancel it with your bank as well.0
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