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Car insurance moving house
T4taylor
Posts: 93 Forumite
Hi folks, hopefully a quick and straightforward question here. I usually pay for my car insurance annually and it is due in Feb. However we are moving house into a better area in the next few months. Should I go for monthly repayment and phone the company as soon as I have moved so that they can hopefully recalculate and bring the amount down?
0
Comments
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Won't make any difference to how they deal with this
If your move results in a premium reduction (after any admin fee is paid) then they will either reduce the monthly payment or send a refund if you pay annually.
(if the move results in an increase then you pay extra monthly instalments or the increase in full if you originally pay in full)0
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