Have you haggled your way out of insurance admin fees?

InsideInsurance

rudekid48 wrote: »

You dodged my question but then "of cause" I knew you would

:rotfl:

I've no idea what your on, but seems like it might be good for times when you want to unwind.

I quoted and replied to the only element in your post that had a ? in it. If there was another concealed question or you meant something other than what the question appeared to state then please rephrase.

Wednesday1970

Insurers are not evil people looking to slap on unwarranted fees (I'm a broker not an insurer, before anyone asks!) - the fact is that motor insurance particularly is often loss making for insurers. They have been through a brief period of profitability, but many are now back to losses. Per Ernst and Young: "Motor insurance underwriting in 2014 will return to being a loss-making product after just one year (2013) in the black, according to EY’s annual UK motor insurance results seminar. Ultimately, motor insurers still need to make money. Sooner or later underlying price rises for consumers will be inevitable for the market to be sustainable."

The competition is fierce and insurers cut their premiums to gain market share - they may seem expensive as an outgoing but insurers are paying millions in claims. Therefore, any unexpected work undertaken for changes to policies is going to cost money. I think it is a bit misleading for MSE to refer to these charges as "cheeky". It is not cheeky to be paid for what you do. If you don't like it, choose an online product where you do the changes yourself.

Taiko

I used the Data Protection Act to get around the fees with Hastings a few years back. They wanted £35 to update the address as an admin fee, confirming there was no increase to the premium itself.

Informed them they had an obligation under DPA to maintain accurate data, and they crumbled instantly.

tjn1975

I have just enrolled in a just add fuel scheme with Peugeot which meant I no longer need my Churchill Insurance. I called to cancel the policy which has about 4 months remaining on it, having been a customer of there's for probably over 10 years, to be told there would be a £53 admin fee. I thinkhthis is disgusting am I within my rights to refuse to pay?

jonesMUFCforever

tjn1975 wrote: »

I have just enrolled in a just add fuel scheme with Peugeot which meant I no longer need my Churchill Insurance. I called to cancel the policy which has about 4 months remaining on it, having been a customer of there's for probably over 10 years, to be told there would be a £53 admin fee. I thinkhthis is disgusting am I within my rights to refuse to pay?

No because you agreed to it when applying/renewing your policy.
If the £53 is more than you would get back just tell them to cancel the policy at renewal.(Nothing back but no fee to pay)

Quentin

jonesMUFCforever wrote: »

If the £53 is more than you would get back just tell them to cancel the policy at renewal.(Nothing back but no fee to pay)

This is poor advice


Read up on the dangers to you leaving insurance running on a car you no longer own.


You could end up having a lot more to pay than £53.

jonesMUFCforever

Then suggest to the OP that he pays the £53 or hold on to the car until the policy finishes.