Had two policies due to auto-renewal

Hello. I changed car insurer last June but in September my existing insurance renewed which meant I paid car insurance to two companies between Sep and Feb. The insurance which auto-renewed has offered me half the money back, do they owe me all the money by law? 

Comments

  • Ayr_Rage
    Ayr_Rage Posts: 2,407 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    edited 26 February at 8:06PM
    If the automatic renewal happened due to their error they should refund you in full.

    If it was due to your oversight, not deselecting the option, then bite their arm off for their goodwill gesture of 50% as they would have been partly liable if you had had a claim in that period.
  • dunstonh
    dunstonh Posts: 119,319 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    The insurance which auto-renewed has offered me half the money back, do they owe me all the money by law? 
    No. There is no law requiring that.

    If it was an error on their part, then you would expect a full refund.  However, if you failed to tell them not to renew, then you would expect them to refund half and your new provider to refund half.        Sometimes, an insurer may voluntarily refund the whole premium with evidence that you were dual insured but yours doesn't appear to do that from what you have said.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Paul10012
    Paul10012 Posts: 21 Forumite
    Fourth Anniversary 10 Posts
    Thanks for your replies. I will ask the new insurer for half refund as well. 
  • TELLIT01
    TELLIT01 Posts: 17,824 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper PPI Party Pooper
    They don't owe anything 'by law' assuming you were provided with notice of the auto-renewal.
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