Whats the worst that can happen?????????

roney

Basically

My insurance is supposed to run out this month and I just recieved a letter from my insurance company asking me to pay £135 for failing to notify them that my old car did not have an alarm.

This is a car I sold back in October 2007 - I have been driving rented cars since however since I had paid for the entire years insurance at the start of the policy I thought it was unwise to cancel it after I sold the car.


Now my problem is - I don't understand why I should pay an extra £135 for a car I am no longer driving plus my insurance runs out next week anyway.

Anyways I was wondering, what is the worst that can happen if I don't pay this amount????

dunstonh

I don't understand why I should pay an extra £135 for a car I am no longer driving plus my insurance runs out next week anyway.

Because you fraudulently applied for insurance using false details to put it in blunt language.

ays I was wondering, what is the worst that can happen if I don't pay this amount????

They will pass the debt on to a collection agency who will then pursue it. It could then end up damaging your credit history.

What you could do is tell the insurance company you sold the vehicle and when and forgot to notify them. As it was 6 months ago, you should get a refund which should offset the extra cost of failing to notify them of a material fact.

morg_monster

surely you have to notify them that your car has an alarm, and otherwise they will assume it has no alarm? Unless you disabled the factory fitted alarm for some reason?

Sorry don't have an answer to your specific question, maybe, they will take you to court, and then on the way to court, you will press a red button, and start a nuclear war... (sorry...)

Steve1981

dunstonh wrote: »

What you could do is tell the insurance company you sold the vehicle and when and forgot to notify them. As it was 6 months ago, you should get a refund which should offset the extra cost of failing to notify them of a material fact.

not all will go for this.

It comes back to a previous policy about insuring a vehicle you dont own - which insurer is liable? who would pay out?

and as has been said it will more likely be passed to a collection company,