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Excessive car insurance cancellation charges
shartry
Posts: 1 Newbie
Hi
I had to cancel my car insurance policy with the post office today, as they would not quote for the new car that I am buying. The total cost of the policy to date (2 months) is £60. I now need to pay an extra £75 for a "short-term" policy and £35 cancellation charge. So, whilst I paid only £60 for the actual car insurance, I now have to pay £110 for them to never do any work for me again..........unfair?
Is this cancellation charge legal - can they charge more than their admin costs?
Also, does anyone know why I should be charged £75 for having the policy for only two out of twelve months?
Do you think that there is any likelihood of getting any/all of these charges back, by following complaints procedures etc?
I'm so angry!!!!!
Stephan
I had to cancel my car insurance policy with the post office today, as they would not quote for the new car that I am buying. The total cost of the policy to date (2 months) is £60. I now need to pay an extra £75 for a "short-term" policy and £35 cancellation charge. So, whilst I paid only £60 for the actual car insurance, I now have to pay £110 for them to never do any work for me again..........unfair?
Is this cancellation charge legal - can they charge more than their admin costs?
Also, does anyone know why I should be charged £75 for having the policy for only two out of twelve months?
Do you think that there is any likelihood of getting any/all of these charges back, by following complaints procedures etc?
I'm so angry!!!!!
Stephan
0
Comments
-
Use the search facility on this board to answer your query in full.
In short the charge is legal.I'm not cynical I'm realistic
(If a link I give opens pop ups I won't know I don't use windows)0
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