Aviva, do I have to tell them about selling my car?

smjxm09

I got my renewal notice with an extra years no claims from those nice people at Aviva. Policy runs out in 13 days but today I have sold my car to We Buy Any Car where it will no doubt be auctioned. I won't need new insurance for about a month so will start from scratch with new quotes so do I just let the old policy run as there won't be any refunds due or do I just tell them to cancel one part of a multi car policy.

I am just wondering whether by telling them I will pick up an admin fee and lose the extra years no claims as my part of the policy ended 13 days early. Also questions are always asked when buying insurance about have you had a policy cancelled.

straighttalker

Personally I'd let it lapse at the end of the policy.

However, there is a risk that if someone else drives it before it lapses, doesn't insure it and crashes, your insurer are still liable to pay out to any third party under terms of the Road Traffic Act. They may turn to you to recover their outlay as you didn't tell them you sold the car.

facade

Tell them you have sold the car, don't mention cancellation.

I'm trying to sell a car, with 2 weeks policy left, I rang to cancel my renewal, and the broker told me to just inform them when I sell it, if it is before the policy runs out.

There are horror stories doing the rounds of people selling cars and when they are involved in accidents the seller ends up footing the bill, as they left their insurance cover in place.

Whether they are true or not, you should inform your insurer when you sell a car that is on cover.

arcon5

Considering who you sold it to, i'd just let it lapse rather than risk any kind of admin charge

[Deleted User]

I would tell them.

Bet this guy wishes he had.

http://www.dailyrecord.co.uk/news/scottish-news/scots-biker-insurance-hell-after-4141840

smjxm09

Well I told them and yes they charged me an admin fee for reducing their risk to zero. Got to be honest it has left a bad taste in my mouth so despite using them for insuring the family cars, house, contents and even the dog I will be changing insurance now on a point of principle.

rs65

smjxm09 wrote: »

Well I told them and yes they charged me an admin fee for reducing their risk to zero. Got to be honest it has left a bad taste in my mouth so despite using them for insuring the family cars, house, contents and even the dog I will be changing insurance now on a point of principle.

You should've asked them to suspend the policy whilst you source a new car.

facade

smjxm09 wrote: »

Well I told them and yes they charged me an admin fee for reducing their risk to zero.

And you have done them a favour, as they would have to pay out, and then take legal action against you, costing even more, with the strong possibility that you could never pay the total.

Quite right to take your business elsewhere.


I'm perfectly happy that the cut-price insurers charge a fortune to transfer cover, but they shouldn't charge to cancel a fully paid up policy completely.

dacouch

smjxm09 wrote: »

Well I told them and yes they charged me an admin fee for reducing their risk to zero. Got to be honest it has left a bad taste in my mouth so despite using them for insuring the family cars, house, contents and even the dog I will be changing insurance now on a point of principle.

Try sending them a well worded, polite and concise "Official Complaint".

There's a good chance they will drop the charge

arcon5

ilikethesimpsons wrote: »

I would tell them.

Bet this guy wishes he had.

http://www.dailyrecord.co.uk/news/scottish-news/scots-biker-insurance-hell-after-4141840

Not quite the same though is it

loskie

send them an e mail then it is harder to charge you. But do let them know or you may be liable for other's wrongdoing.