We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

car insurance

Recently sold my car , rang to cancel car insurance and was told there was a charge of £79 for the priveledge !  This must be a new way of insurance companies making money as ive never encountered this before . How many people sell their car on the same day as the insurance expires ? , not many , so companies are on a winner .  I suppose from now on i need to ask a new insurance cover what the cancellation charge is  but what a con !!    

Comments

  • bigadaj
    bigadaj Posts: 11,531 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper
    If it's not in the contract you signed then you won't have to pay it.
  • Car_54
    Car_54 Posts: 8,959 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I suppose from now on i need to ask a new insurance cover what the cancellation charge is  but what a con !!    
    No, just read the list of charges before you sign up.

  • sweetsand
    sweetsand Posts: 1,826 Forumite
    1,000 Posts Name Dropper
    Recently sold my car , rang to cancel car insurance and was told there was a charge of £79 for the priveledge !  This must be a new way of insurance companies making money as ive never encountered this before . How many people sell their car on the same day as the insurance expires ? , not many , so companies are on a winner .  I suppose from now on i need to ask a new insurance cover what the cancellation charge is  but what a con !!    
    Hi
    Sadly nearly all insurance if not all co's have that and the amounts vary. They do tell you and in the small print

    What insurance co are you with?

    ATB

    x
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.4K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.4K Spending & Discounts
  • 245.4K Work, Benefits & Business
  • 601.2K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.