Fees for cancelling car insurance

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Comments

  • born_again
    born_again Posts: 14,275 Forumite
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    diz79 said:
    In effect you took out a loan to pay the insurance.
    So finance cost £86.56 to pay, plus the rest.

    So yes it is legal.

    Even worse for you. You now have to declare a cancelled policy on ANY insurance that you take out. If they ask "Have you had any insurance cancelled"
    With the increased costs that brings.

    Can you confirm if this is crrect as I dont want to waste time and getting a lawyer if it isnt please as refusal is very different to cancellation?

    Many thanks
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    That is all I can really add. 


    But you had nearly 2 months usage of the insurance.

    You could raise a complaint with the company.

    Life in the slow lane
  • ontheroad1970
    ontheroad1970 Posts: 1,598 Forumite
    First Anniversary First Post Name Dropper
    diz79 said:
    In effect you took out a loan to pay the insurance.
    So finance cost £86.56 to pay, plus the rest.

    So yes it is legal.

    Even worse for you. You now have to declare a cancelled policy on ANY insurance that you take out. If they ask "Have you had any insurance cancelled"
    With the increased costs that brings.

    Can you confirm if this is crrect as I dont want to waste time and getting a lawyer if it isnt please as refusal is very different to cancellation?

    Many thanks
    You need to raise a complaint with them and be prepared to take it to the ombudsman.  This will then be a cost to the insurers, not you.
  • DullGreyGuy
    DullGreyGuy Posts: 10,186 Forumite
    First Post First Anniversary Name Dropper
    ontheroad1970 said:
    be prepared to take it to the ombudsman. This will then be a cost to the insurers, not you.
    It would be a charge to the brokers not the insurers, the OP hasn't raised anything about the insurers. That "cost" assumes they have already used their free cases 
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