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Car insurance trouble
Comments
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There would be no cost involved in the future if the op cancels the policy.
The answer to that question would be no! (As far as this cancellation is concerned!)
True.
The bit I'd highlighted was the EUI cancel the policy.
The OP needs to make sure that part doesn't happen. It may sound like it's the same situation whoever cancels it but that clearly isn't the case!Remember the saying: if it looks too good to be true it almost certainly is.0 -
Bedsit_Bob wrote: »Could you be more specific, as to what exactly happened, and what the incident was?
The incident wasn't anything to do with my car or me - I didn't even know it happened.
I phoned my dad today and he said back in 2012 he bumped into the back of someone, who essentially filed a fraudulent claim. He believes nothing was ever paid out, and his own insurance never went up because of it.
My insurance was renewed automatically earlier this month, but now they're saying because of this incident, which they've back dated, I'm going to have to pay more.0 -
PenandSword wrote: »The incident wasn't anything to do with my car or me
It doesn't have to be.
If a declared driver has a recent accident, claim or conviction (usually in the last 5 years, but 11 years for drink related offences), it must be declared on any motor insurance application, which includes him/her.PenandSword wrote: »He believes nothing was ever paid out, and his own insurance never went up because of it.
Even if his company did pay out, it may nor have gone up, because he may have a had protected NCD.
IIWM, I'd pay for the rest of the year, then take him off the policy, at next renewal.
This case does demonstrate the need, to make sure you are aware of all particulars, relating to named drivers on your policy.0 -
Bedsit_Bob wrote: »It doesn't have to be.
If a declared driver has a recent accident, claim or conviction (usually in the last 5 years, but 11 years for drink related offences), it must be declared on any motor insurance application, which includes him/her.
Even if his company did pay out, it may nor have gone up, because he may have a had protected NCD.
IIWM, I'd pay for the rest of the year, then take him off the policy, at next renewal.
This case does demonstrate the need, to make sure you are aware of all particulars, relating to named drivers on your policy.
It just stings, because the insurance was renewed automatically two weeks ago, and that is where this is springing from - as I wasn't aware it was renewing, all the details remained unchanged.
For some reason I had it in my head it renewed in the new year, but I'm on a 10-month rolling thing not 12, so it gets earlier every year.
I just find it sickening this can happen to be honest.
In theory, shouldn't I just be able to cancel? I wouldn't have agreed to the insurance if I knew the premium would be this much.0 -
Yes you can cancel. (See #7)PenandSword wrote: »
In theory, shouldn't I just be able to cancel? I wouldn't have agreed to the insurance if I knew the premium would be this much.
There will inevitably be costs involved so do get the full cost of cancelling from them first to ensure cancelling is cost effective. It is all down to you that they didn't charge the correct premium!
(They may - correctly - also be wanting to be paid the shortfall in the correct premium they would have charged in 2013 had they known the correct facts)0 -
Obviously it's down to me, however it's still offensive to me because had I known about it, I would have swiftly removed him anyway.
It's all well and good them saying it would have cost X with this information, but I would have never bought the insurance if it cost X.0 -
You need to accept that you agreed to tell them about this (and accepted responsibility when giving details of your named driver that you would keep them updated about any changes to named driver circs)
They told you the cost based on what they were aware of at the time.
Once you accept responsibility then decide your next move - if he doesn't need to be a named driver then (unless you are going to cancel) remove him from the policy immediately0 -
Don't think i've ever had an insurance policy renew without getting renewal documents either by post or e-mail?0
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The thread concerns renewing at the price quoted in the renewal docs.SuperAllyB wrote: »Don't think i've ever had an insurance policy renew without getting renewal documents either by post or e-mail?
The OP's premium was based on inaccurate information (supplied by the OP), and his insurer has subsequently discovered the truth and now wants the proper premium paying.0 -
So if I cancel, I'm charged the days I've been insured since early Dec, and a cancellation fee of around £40.
Will I still be expected to pay any of this increased premium?0
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