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Car insurance moving house

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?

Comments

  • Quentin
    Quentin Posts: 40,405 Forumite
    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)
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