Bank has declined car insurance payment (typo in card number) but insurer says all fine their end

DullGreyGuy

Ectophile said:

Ddrago said:

Still no resolution to this today. Transaction sitting as pending, bank unsure if it's went through or not and insurer not really bothered either way as nothing is specifically showing as an issue on my account.

Still worried that this will flag up tomorrow (when policy starts) and the policy will be cancelled. No idea what else I can do here 

The insurance company are required to give you advance notice before cancelling a policy.  It can't happen instantly.  In any case, if there's a problem with the payment, they will give you a chance to pay before they cancel it.  I've been there before, when a card payment failed.  I only had to phone them up and give them the new card details.

They can cancel insurance with immediate effect but only in extreme circumstances (eg fraud) not due to minor administration errors like a payment not going through.