Principal insurance admin fees

spankydata

Looking for vehicle insurance recently for motorcycle and campervan. Principal Insurance were cheapest for both, but, on reading the terms and conditions, their adjustment fee or admin fee is £75 per time. This could make for a very expensive policy. I would have thought there would be some cap on the amount.

SonOf

I would have thought there would be some cap on the amount.
£75 is not unreasonable.   It has to be the best part of 15 years since the FOS published a decision that showed £50 was acceptable.  So, £75 is well within inflation from that.

csgohan4

you get what you pay for generally. There's a reason why it's cheap,

sadly not everyone reads the T+Cs and some do have 3k excess fees regardless of fault