Quinn Insurance

Shelby67

My son (17) took out a policy with Quinn just over 2 weeks ago. He has decided to cancel the policy as he has found out that when he passes his test his premium will jump from £900 to £2400. He has sold his car as well.

My question is 2 fold:-
Under current consumer legislation is there a 21 day cooling off period? The policy documents state 14 days and he has gone over this.

He was able to pay the insurance via a deposit and monthly installments, for which there was a charge. However as he is under 18 is this credit agreement void?

Thank you in advance for any responses

Oscar_The_Grouch

Hi there. I think you are right about the monthly instalments and you could probably argue that as he was only 17 he is not legally allowed to enter into a contract. The insurance industry is, however, only required to give 14 days grace period rather than 21 so you are stumped there.

The problem is that if you go for the "only 17 and not able to enter into the contract" then his insurers would be entitled to declare the policy void from inception if they wanted. That causes more problems than it corrects, so you are probably better off just picking up the phone and asking them to cancel the policy on the grounds that the car has been sold. They will then charge you a cancellation fee, but at least your son gets to walk away from the policy.

MrsE_2

Shelby67 wrote: »

My son (17) took out a policy with Quinn just over 2 weeks ago. He has decided to cancel the policy as he has found out that when he passes his test his premium will jump from £900 to £2400. He has sold his car as well.

My question is 2 fold:-
Under current consumer legislation is there a 21 day cooling off period? The policy documents state 14 days and he has gone over this.

He was able to pay the insurance via a deposit and monthly installments, for which there was a charge. However as he is under 18 is this credit agreement void?

Thank you in advance for any responses

I read another thread on here about Quinn doing that.
Yet my Nephew got the best quote by far after passing his test & getting his first car.

Dido_4

I Got a quote from Quinn too for my son at £1049 before he has passed his test. On the advice of a friend i checked what the premium would be when he passed..............guess what??? £2800. How they can get away with this I dont know. Just be careful and check very closely with all companies before taking out a policy.

I need a little advice.....Is it better to get a 17 year their own insurance or put them as a named driver on mine??????