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Paying for canceling car insurance? GoSkippy

Mishomeister
Mishomeister Posts: 1,091 Forumite
Part of the Furniture 500 Posts Name Dropper Combo Breaker
edited 14 April at 6:57PM in Insurance & life assurance

No something I came across before, but can you end up paying for canceling the car insurance if the cancelation fee is hgher than pro rata refund amount? It kind of doesn't make sense as they already are keeping the full amount whilst no longer having any risk of the claim to them whatsoever. I am with GoSkippy. No contacted them yet as not cancellign just yet but will be very soon as selling the car.

Comments

  • Browntoa
    Browntoa Posts: 49,624 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic

    the cancellation fees are quite clear in their terms when you sign up

    so yes it can happen

    Ex forum ambassador

    Long term forum member
  • user1977
    user1977 Posts: 19,811 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper

    Yes, it’s come up here several times before.

  • chrisw
    chrisw Posts: 3,998 Forumite
    Part of the Furniture 1,000 Posts Name Dropper

    It can happen and they are entitled to, but in my experience, they usually just settle with the refund.

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