New address new job - can insurance be cancelled/refused as result?

theone999

I should be starting a new job in the next month or two and I will also want to move at roughly the same time. Unfortunately, the new job is a driving job, and it's "higher risk" even though I'm going to change from Social&Commuting to Social only as I will no longer commute.

In any case, there are 4 possible scenarios I'm facing.

1) Don't move, Don't tell insurance about new job

I'm paranoid that I will have my name on an insurance database somewhere for my driving job and a personal insurance for my personal car that says a completely different job which doesnt mention access to other vehicles. Do insurers share that information or am I being paranoid?

2) Don't move, tell insurance about new job.

Using price comparison websites my current insurer would likely triple my current premium, which I have already paid annually. This is unaffordabel.

3) Move, don't tell about new job

Again, paranoid same reasons as 1) above.

4) Move, tell about new job

I'm worried they'll cancel the policy outright if I them both at the same time. I don't know if I'm allowed to ring them and as "hypothetically what will happen if I move and get a new job" because they'll just take it as "you've moved and you've gotten a new job" and put a note in the computer. Again my current insurer is completely unaffordable even IF they do insure me.

Which leave me to the conclusion that I should either change insurers because there are some policies which are just about affordable at new address with new job. Or change my car to something smaller and slower.

If I wanted to keep my current car but change insurers, should I cancel the current policy myself first just incase they decide to cancel or it is unaffordable?

Another option I was thinking was insuring a 2nd car at new address/job first before cancelling my current car at current address/job??

I'm sorry if this was a bit long. I am very confused and I've only been driving for a year and 2 months. Wasn't expecting new job / moving out when I renewed 2 months ago. I know if insurer refuse or cancel it's very bad for me but it doesn't help if I can't afford the premium to triple either.

societys_child

There's far too much going on in your post. I'm confused . . .

But anyway:

If I wanted to keep my current car but change insurers, should I cancel the current policy myself first just incase they decide to cancel or it is unaffordable?

They won't "cancel" your policy (avoid using the word cancel when dealing with insurance) what they may do is, refuse to continue to insure you. Big difference.

If they do refuse to insure you, you can then find a new insurer, or if the cost of continuing the present policy is too high you can cancel and find another company.

If you paid a year upfront and only used 2 months, you should get a reasonable percentage rebate.

forgotmyname

Your company insurance may ask for a copy of your driving licence, they maybe insured with the same insurer as you, or within the same group of companies.
So not telling your insurer about your real job may leave you uninsured.

People move and change jobs all the time, where is the issue?

If your current insurer will triple the price then cancel and go elsewhere.

Quentin

theone999 wrote: »

.... I know if insurer refuse or cancel it's very bad for me.

Whoever taught you that has mislead you.


If your insurance gets cancelled due to a new job/house move that the insurer cannot cover then it has no long term consequences for you.


You simply have to accept the situation (your moving the goalposts from the start of your policy is no longer acceptable) and get a new policy elsewhere.


It is only when a policy is cancelled by the insurer following any default by the policyholder that is bad news!

theone999

I'm too afraid to ring them to ask hypothetically what the premium would be if I moved and started new job in the future because they'll take that hypothetical question as me lying now.

It's like asking a policeman, what would happen if I murdered my wife? If you're then asked, have you? And you say no. The policeman will just arrest you anyway because he doesn't believe you.

So you're saying they're not allowed to cancel your insurance like that as soon as you ask them if they don't cover it or ask me to pay more immediately on the phone for money or they're going to cancel policy if I don't have enough money?

theone999

societys_child wrote: »

There's far too much going on in your post. I'm confused . . .

But anyway:
They won't "cancel" your policy (avoid using the word cancel when dealing with insurance) what they may do is, refuse to continue to insure you. Big difference.

If they do refuse to insure you, you can then find a new insurer, or if the cost of continuing the present policy is too high you can cancel and find another company.

If you paid a year upfront and only used 2 months, you should get a reasonable percentage rebate.

Have you or any drivers ever had an insurance policy declined, cancelled, voided or had special terms imposed?

so if I move and they don't cover it, it's not actually cancelled? what about if they do cover it but I can't afford the extra premium and in that instant i can't cancel because i can't afford to pay the extra to amend then cancel so they cancel it for me??

That's why I wask asking whether the safest course of action is to cancel my insurance before I move/have new job, declare the vehicle SORN in the meantime then get new insurance policy at new address/new job?

Quentin

If your changes cause a premium increase you cannot pay then you will be able to cancel immediately.

If your changes are not acceptable to them they will cancel your policy with a little notice.

Read up in your policy how they deal with cancellation of a policy

rs65

theone999 wrote: »

what about if they do cover it but I can't afford the extra premium and in that instant i can't cancel because i can't afford to pay the extra to amend then cancel so they cancel it for me??

What makes you think you can't cancel? I'll bet your policy says you can cancel.