We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Insurer cancelling policy
Comments
-
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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.8K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.4K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards