Car insurance company wont help

julie2468

Hi I have one payment left on my car insurance policy due to being poorly my insurance company wont allow me to pay my last instalment due to my wages being low..they said they will cancel my policy before I can pay what can I do! I can't work without my car

Barny1979

Your insurance company won't allow or your bank won't allow the payment?

julie2468

I had one direct debit to pay this year I missed it due to loss of earning they said they will cancel my policy before I can pay them the last payment I need my car to work I don't get my wages till the end of the month..they refused 

Barny1979

Ah right, other problems will be that you will have had insurance cancelled and also a default on your file.

Brie

Are you sure they are saying they will cancel your insurance?  Or are they saying they will cancel the credit agreement you have in place to pay for your insurance?  

If your policy has run for the whole year then you will be expected to pay for it.  If the company knows you are in financial difficulty they may be trying to be helpful by getting you to cancel your DD on the off chance you will get hit with a fee if you bank bounces it back.  

Or are they saying they will not allow you to renew the policy?  In which case you will need to find another provider (not necessarily a bad thing)

Ask them again to explain to you what they are doing and why.  Let us know and someone will hopefully have some good advice. 

Barny1979

Could you take some short-notice annual leave? Not ideal I know.

julie2468

Hi they are saying because I missed a direct debit they are cancelling my policy on the 22nd June.. due to decrease in my wages I asked could I pay the last payment of this year on the 28th June as this is when I can pay ..they refused and said if I don't make the payment before the 22nd June my car will no longer be insured after this date

Barny1979

Temporary overdraft to cover the cost of the final installment?

julie2468

How would I apply for one of them I only have basic account 

Barny1979

How much are we talking about? Maybe a friend or colleague could help?

Brie

Talk to your bank.  Sometimes they can be very understanding as generally most of the people you talk to are reasonably human and have been through it all as well.