We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Compulsory Auto renewal?

2»

Comments

  • To be fair, auto renewal is probably a good thing for those of an absent minded nature, or for those who like to deal with a certain insurer.

    Its the misselling by using the old politicians trick of using a shred of truth and then tacking on the rest of the scaremongering sales ploy which annoys.

    This year i didn't receive renewal documents before the auto renewal time was almost up, so i was already mentally changing insurer when i started the research, a saving of £200 over both cars was an added bonus.

    As mentioned above, if they go about extracting money from your wallet by slightly underhand, IMO, methods, what hope in the event of a claim.

    Its a dog eat dog country now and getting worse year on year.
  • Ultrasonic
    Ultrasonic Posts: 4,265 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    To be fair, auto renewal is probably a good thing for those of an absent minded nature, or for those who like to deal with a certain insurer.

    I agree. If auto-renewal wasn't the norm, I'm pretty confident there would be lots of threads here along the lines of, 'I got stopped by the police today for not having insurance after my stupid insurance company let it lapse, surely they should have renewed it as they know I have to have insurance...'

    Auto-renewal doesn't bother me. Each year I get a letter with the next year's quote and a statement that they will auto-renew unless I tell them otherwise. I then find the best new quote I can, phone up the present insurer and see if they can at least match it. Generally they can, at which point them already having my payment details saves time. If not, I just ask them to cancel the insurance and move on. No drama either way.

    What is a problem in my eyes would be insureres auto-renewing without contacting customers a sensible time in advance to warn them that this is going to happen.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.5K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.1K Spending & Discounts
  • 246.6K Work, Benefits & Business
  • 603K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.