Cancelling and renewing car insurance?

takman

palgrave wrote: »

Nope this is not true. Many insurance companies give you a FULL refund if cancelled within the 14 days.

As the poster above said please name these insurance companies and post a link to their T&S's i have never know any insurance company to give a full refund!

BeenThroughItAll

palgrave wrote: »

They won't know whether you cancelled with previous insurance companies within the 14 day cooling off period. MID does not provide that information.

Are you sure about that?


It shows insurable interests, policies held and policyholders' names.


It's not rocket science to work out that a policyholder who's held five policies for 13days each on the same insurable interest is pulling some kind of attempt at a scam, is it? MID doesn't have to explicitly say so.

photome

OP why are you asking if you know all the answers.

how many times have you done it or how long have you had free insurance for

palgrave

photome wrote: »

OP why are you asking if you know all the answers.

how many times have you done it or how long have you had free insurance for

I have done 4 times so far, so 8 weeks worth of insurance. Currently on my 11th day for RAC Insurance and will cancel on my last day and they'll offer a full refund as part of the cooling off period.

Shaka_Zulu

palgrave wrote: »

I have done 4 times so far, so 8 weeks worth of insurance. Currently on my 11th day for RAC Insurance and will cancel on my last day and they'll offer a full refund as part of the cooling off period.

Now you just made that up didn't you.

Don't suppose you have bothered to check how many times you have used the same underwriter in your little scam.

When do the schools go back?

photome

palgrave wrote: »

I have done 4 times so far, so 8 weeks worth of insurance. Currently on my 11th day for RAC Insurance and will cancel on my last day and they'll offer a full refund as part of the cooling off period.

Keep the updates coming every 2 weeks, see how long before you get caught out

Joe_Horner

You are aware that if they offer a full refund then they void the policy from inception aren't you? Which means that the car will be recorded as having not been insured for that period (not "insured but cancelled" just "not insured". By your account you're now up to 4 months of keeping a car without insurance.

Not only is that a criminal offence in itself, trying to get round it in the way you are is likely to be treated as fraud when the system catches up with you. Which it will eventually.

Good luck.


eta: And of course, if there's any evidence of you having been driving during the periods when the policies were void (hit on a speeding camera maybe?), then you can add a driving without insurance to the mix

neilmcl

Joe_Horner wrote: »

You are aware that if they offer a full refund then they void the policy from inception aren't you? Which means that the car will be recorded as having not been insured for that period (not "insured but cancelled" just "not insured". By your account you're now up to 4 months of keeping a car without insurance.

Not only is that a criminal offence in itself, trying to get round it in the way you are is likely to be treated as fraud when the system catches up with you. Which it will eventually.

Good luck.


eta: And of course, if there's any evidence of you having been driving during the periods when the policies were void (hit on a speeding camera maybe?), then you can add a driving without insurance to the mix

I'm not so sure about this. Do you have any evidence to back this up?

neilmcl

palgrave wrote: »

I have done 4 times so far, so 8 weeks worth of insurance. Currently on my 11th day for RAC Insurance and will cancel on my last day and they'll offer a full refund as part of the cooling off period.

And none of them have charged a fee? I don't believe this.

Might be worth actually reading some, including your current insurer's terms before making anything else up.

From RAC Insurance

If you choose to cancel your policy within 14 days of receiving your policy documentation, we will charge you an arrangement fee of £25, plus time on cover unless you have made a total loss claim in which case all outstanding payments will become due and no refund will be given.

Joe_Horner

neilmcl wrote: »

I'm not so sure about this. Do you have any evidence to back this up?

Not sure abut which bit?

The insurer won't provide cover for no charge eve during the cooling off period - why would they? They either void the policy from the start by offering a full refund (less admin fees) or they terminate early by only charging for the days on cover.

Since the OP is claiming to get full refunds each time, that means that each of those policies have been voided - effectively there has been no cover in place from since he started this until the point he took out the latest policy, with that time getting longer with each cancellation.

That means that if it comes to light then he's been keeping the car uninsured for that period because it's as if none of the policies ever existed - you can't have been covered by a policy that never existed!

So there's the offence of keeping.

But more than that, he's gone to elaborate lengths and made false statements (of intent to take policies) in order to obtain the advantage of not being pinged by ANPR. That could easily be argued to constitute fraud.

The driving without insurance is a bit stickier because it'd need fairly unlucky timing to come to light but, again, if the policies are treated as never existingm then anything that shows he was driving during that time is evidence of driving without insurance.