Whats to stop me changing insurer

whyhellothere

hello im with churchill at the mo and lets say my first year of driving hasnt been the best however i have a concern if i have found another cheaper insurer am i able to leave after the 12 months regardless of how many accident ive had.

im new to this so dont no whats what are churchill able to do anything to keep me because of the crashes ive had

Rgds

Fran

You will have problems at the end of the year if it's your first year and you've had "crashes". You will find that Churchill will put up your insurance and probably find that other insurers don't want to know or will quote you so high as to be impossible. I found that after making a claim when my car was stolen a few years ago that my insurers stuck up the amount and that I couldn't afford what the other insurers were quoting.

whyhellothere

Thanks for that
I am aware they will put my premium up but they CANT stop me from leaving can they if someone else quotes me better

Fran

Usually insurance runs for a year. No they can't stop you changing. Make sure that if your bank details are with them you make it clear that you don't want it renewed and cancel direct debit etc. at the end of the year.

moneyuser

No they can't stop you. When I passed my test I was with endsleigh for a few years and then crashed Although the premium didn't go up that much I still shopped around and found Direct Line quite a bit cheaper (about £200 I think). Stayed with them another few years but moved house 6 months ago so in March of this year I changed to Budget as they were cheaper.

So it's always best to shop around

whyhellothere

Fran wrote:

Usually insurance runs for a year. No they can't stop you changingQUOTE]


Im glad to hear that what i will do is let them take the last DD month 12 then wait untill a few days later then cancel DD

obviousley making sure i have a new insurer to renew

thanks for your help Fran

Feel alot better now

Rgds
Also thanks to money user i will shop around and see whats suitable for me thanks

Fran

It's also worth phoning the numbers in yellow pages as well as looking online. Last year that was my cheapest option. I change insurers most years, have just had to do mine and luckily it was very soon obvious that this time it was cheapest to renew. I always check for the cheapest each year.

MarkyMarkD

Don't just cancel the DD - tell the insurer you are not going to renew, as some insurers assume you will renew unless you tell them and then charge you when you cancel belatedly.

whyhellothere

thanks i will do that instead better to be on the safe side

Cheers

telly-addict

At each renewal you are entering into a new contract with the insurer, so as has been previously indicated you are under no obligation to remain with the same insurer.

Most renewal notices, which are generally received 2 or 3 weeks before your renewal date, will say that you need do nothing if you wish to remain on cover, but you should contact the insurer if you do not wish to renew. As Marky Mark says, you should definitely contact the insurer to "lapse" the policy at renewal (i.e. tell them that you do not wish to renew the policy).

If you cancel the direct debit and don't contact the insurer, they will soon be in touch with you chasing for their money!!!

Hope that this helps.

Bossyboots

telly-addict wrote:

At each renewal you are entering into a new contract with the insurer, so as has been previously indicated you are under no obligation to remain with the same insurer.

Most renewal notices, which are generally received 2 or 3 weeks before your renewal date, will say that you need do nothing if you wish to remain on cover, but you should contact the insurer if you do not wish to renew. As Marky Mark says, you should definitely contact the insurer to "lapse" the policy at renewal (i.e. tell them that you do not wish to renew the policy).

If you cancel the direct debit and don't contact the insurer, they will soon be in touch with you chasing for their money!!!

Hope that this helps.

I'm with Churchill and was a bit slow renewing my insurance last year. They told me the policy lapses on the last day if you do not pay your renewal, it does not just roll over to the next policy year.