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Cancel car insurance
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Hi all,
I am with Acorn , on a direct debit insurance. The car that was covered is scrapped and i found a new car. The quote they were giving me was extortionate. Comparison websites quoted me 65pounds a month lowest for a vauxhall astra gtc while Acorn wants to up my current insurance from 91 to 188 a month if i stay with them. No way. I want to cancel, but what other fees than the cancellation fee of 100 would there be? Their terms and conditions only mentions cancellation charge. I renewed in January so i am only 3 months in , would I have to pay the remainder of the insurance if im on direct debit?? Or just the 100 cancellation fee? I feel punished by them, this is the 3rd year with them cause i hate changing providers but this is a pisstake what they want to quote me.
I am with Acorn , on a direct debit insurance. The car that was covered is scrapped and i found a new car. The quote they were giving me was extortionate. Comparison websites quoted me 65pounds a month lowest for a vauxhall astra gtc while Acorn wants to up my current insurance from 91 to 188 a month if i stay with them. No way. I want to cancel, but what other fees than the cancellation fee of 100 would there be? Their terms and conditions only mentions cancellation charge. I renewed in January so i am only 3 months in , would I have to pay the remainder of the insurance if im on direct debit?? Or just the 100 cancellation fee? I feel punished by them, this is the 3rd year with them cause i hate changing providers but this is a pisstake what they want to quote me.
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Comments
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You won't have to pay for the rest of the year, just the cancellation fee.Tall, dark & handsome. Well two out of three ain't bad.1
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As long as you haven't claimed since the last renewal, there should only be the cancellation charge afaik1
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Ask them to be 100% for sure.0
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You may have a bit more to pay as the refund isn't always proportional, ie 3 months in, you might not necessarily get 9 months back.Phone them to find out the exact cost and see if they'll do anything about matching the cheaper quotes.0
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zee34 said:Hi all,
I am with Acorn , on a direct debit insurance. The car that was covered is scrapped and i found a new car. The quote they were giving me was extortionate. Comparison websites quoted me 65pounds a month lowest for a vauxhall astra gtc while Acorn wants to up my current insurance from 91 to 188 a month if i stay with them. No way. I want to cancel, but what other fees than the cancellation fee of 100 would there be? Their terms and conditions only mentions cancellation charge. I renewed in January so i am only 3 months in , would I have to pay the remainder of the insurance if im on direct debit?? Or just the 100 cancellation fee? I feel punished by them, this is the 3rd year with them cause i hate changing providers but this is a pisstake what they want to quote me.
Which means you have taken out a loan on the full amount.
Best bet is to speak to them and see what they say. Otherwise any answers are just best guess.Life in the slow lane1 -
Yeah they did charge a bit more than the cancellation fee. I had to pay i think the remainder of interest. So i paid 217 pounds all together....which is not bad, i was expecting hundreds to be honest. But its all cancelled at least now.2
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OP, thanks for sharing/updating and glad you are happy with the outcome.0
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