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Car Insurance Cancellation Help

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  • 2woodward2
    2woodward2 Posts: 17 Forumite
    Part of the Furniture 10 Posts
    I have avoided mentioning the type of cars because I don't think it matters.
    The facts are:
    His existing Asda insurance quoted £270 to update his policy for the remaining 4 months.
    He can get a new yearly insurance from someone else for only £40 more for £310.
    He wants to do this but Asda are asking for £65 cancellation charge and no refund on his outstanding 4 months.
    He has over 10 years NCD so is not worried about cancelling early.
    He is going to scrap the old car as it needs too much work/money before the MOT which is due in 4 months time.
  • Alt
    Alt Posts: 353 Forumite
    If you have off-road parking space then sorn the car for the 4 months and then scrap it. That will save the cancellation fee.
    Not sure if this will impact the insurance on the new car.


    Alt
  • paddedjohn
    paddedjohn Posts: 7,512 Forumite
    Part of the Furniture
    Alt wrote: »
    If you have off-road parking space then sorn the car for the 4 months and then scrap it. That will save the cancellation fee.
    Not sure if this will impact the insurance on the new car.


    Alt

    Can't use his 10 years ncd on both cars
    Be Alert..........Britain needs lerts.
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