Auto Renewal

wealdroam

ARandomMiser wrote: »

I think any auto-renewal request should be treated the same as marketing flags ...... You must explicitly opt in and a reminder should be sent at least 4 weeks in advance of the renewal date.

With that situation, I can foresee many people driving without insurance when it isn't automatically renewed.

When that happens I would expect many people to be saying "why didn't they automatically renew it to save this hassle?"

IMO there is no right way. People just need to take responsibility themselves.

daytona0

angryparcel wrote: »

Contract is normally accepted when payment is made, so it is part of contract, one paid it is accepted.

I don't think that's the case tbh....

An invoice is just a request for payment to be made. You could, for example, buy a washing machine on a "buy now pay later" plan; you are in contract because you have the goods, but you also have to pay up when the invoice is presented to you a few months later!

The invoice Ts and Cs need to match up with the contract Ts and Cs. If they don't then they aren't enforceable..

unholyangel

angryparcel wrote: »

Contract is normally accepted when payment is made, so it is part of contract, one paid it is accepted.

Payment is not one of the required elements of a legally binding contract. You can pay without having a contract. You can have a contract without paying.

As I said, all depends on whether the contract was already formed or not at the time they received the invoice.

ARandomMiser

wealdroam wrote: »

With that situation, I can foresee many people driving without insurance when it isn't automatically renewed.

When that happens I would expect many people to be saying "why didn't they automatically renew it to save this hassle?"

IMO there is no right way. People just need to take responsibility themselves.

I agree totally that it is a personal responsibility thing, but we all make mistakes and have lapses in memory - if only computers had the same lapses

From an insurance renewal point-of-view I have always sided on the argument that we should only be responsible for insuring ourselves and our possessions. Then we could buy simpler packaged insurance policies to suit our needs - and leave others to buy similar packages to suit their needs (or do without if they wanted to take the risk). This would make the concept of automatic renewal a bit more desirable (although people should always be shopping around).