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!

Help Admiral charging £350 for discrepancy

2»

Comments

  • devongirl1
    devongirl1 Posts: 8 Forumite
    Part of the Furniture First Post Combo Breaker
    This has happened to me too. I transferred the car from my father to myself in February after taking out the policy in January. In April renewed policy and didn't think to tell them. They are telling me that it costs another £362.22 extra.
  • joewelsh99
    joewelsh99 Posts: 13 Forumite
    Someone with better knowledge may know more... But as far as I know, V5 is not proof of ownership, therefore, based on V5, Driving License and License history there is no way for them to know how long you have owned the vehicle for? Only a receipt/invoice would indicate proof of ownership... I think...
  • System
    System Posts: 178,365 Community Admin
    10,000 Posts Photogenic Name Dropper
    I can understand that a year's difference in the age of the car might sometimes make a considerable difference to the premium, but how can the year of purchase matter if it is the same car?
    It's not as if the OP was claiming incorrect NCD.

    I thought there was some insurance industry code of standards that said that a failure to disclose some detail was not a valid factor if it had no bearing on the risk?
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.2K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.