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Car insurance due August, lease expires November

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Comments

  • foxy-stoat
    foxy-stoat Posts: 6,879 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    So you should pay around £11.01 a week plus your company's cancellation fee, whatever that is.
    If its more than £50 then it may be worth switching, assuming the new annual premium isn't a lot higher than your current one. 
  • darkh0rse
    darkh0rse Posts: 118 Forumite
    Part of the Furniture 10 Posts Photogenic Name Dropper
    OK thanks - I was under the impression that each insurance company has its own policy on refunding pro-rata, that some deducted a variable number of months of the amount refunded. But if they don't and they'll give me it back calculated to the day then that's a simple solution.

    The fee is £38 so I've no problem paying that and then taking out a new policy when the new lease arrives, that way syncing the renewal dates with the leasing dates.

    Cheers for all the replies.
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