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Insurer cancelling policy
Comments
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Rolandtheroadie wrote: ȣ50 to the broker and whatever the insurer wants over and above this for a cancelled policy.
Nothing to do with the broker.0 -
BykerSands wrote: »Nothing to do with the broker.
No? I read the T&C's of a policy I took out recently on a second car. If I cancel, the broker takes £50 and then I will still be liable for any fees the insurer imposes.0 -
This cancellation won't be one that you have to disclose to other insurers.
Insurers generally ask for any cancellations related to previous policies so it would be best to advise them of this just in case.
Once they find out the reason for the cancellation it shouldn't have any effect on the new policy but not informing them may have concequences in the future.Have you or any driver to be named on the policy had insurance declined, cancelled, or had special terms imposed?0
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