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  • FIRST POST
    • paragon909
    • By paragon909 4th Sep 18, 10:57 PM
    • 1,399Posts
    • 1,396Thanks
    paragon909
    Tesco Bank Insurance!
    • #1
    • 4th Sep 18, 10:57 PM
    Tesco Bank Insurance! 4th Sep 18 at 10:57 PM
    So I'm currently paying 39.80 month for a 1.2 corsa comfort... Not exactly a sports car, I'm over 25 still under 30. Yet my last years insurance was only 29 odd, But am I paying extra when I recently done a quote with tesco bank and got a quote for that 29 again.

    Can I just cancel my insurance and take it out a new policy with the newer price. Seems ridiculous tbh. I'v never crashed a car in my life, I'v never dented a car, I've had no collisions. What am I paying for here.


    Some advice would be greatful.
Page 1
    • Quentin
    • By Quentin 4th Sep 18, 11:22 PM
    • 38,329 Posts
    • 22,299 Thanks
    Quentin
    • #2
    • 4th Sep 18, 11:22 PM
    • #2
    • 4th Sep 18, 11:22 PM
    You will be able to cancel your policy and take out a new policy.


    Bear in mind that there will be costs involved! (Cancellation fee plus early termination costs as you are paying off the premium in instalments)


    And no NCD will be awarded for the part year.


    Find out the full cost to you of cancelling and do the sums to make sure this is a cost effective plan
    • hollie.weimeraner
    • By hollie.weimeraner 5th Sep 18, 8:16 AM
    • 1,739 Posts
    • 1,247 Thanks
    hollie.weimeraner
    • #3
    • 5th Sep 18, 8:16 AM
    • #3
    • 5th Sep 18, 8:16 AM
    So I'm currently paying 39.80 month for a 1.2 corsa comfort... Not exactly a sports car, I'm over 25 still under 30. Yet my last years insurance was only 29 odd, But am I paying extra when I recently done a quote with tesco bank and got a quote for that 29 again.

    Some advice would be greatful.
    Originally posted by paragon909
    My assumption here is that you let them automatically renew your policy when it expired.

    Never ever select auto renew when the policy is taken out (sometimes they hide this in the detail but you can deselect it).

    Then do a search of alternative providers prior to renewal (I do mine about 6 weeks before renewal with dummy details).

    Read MSE's articles about car insurance and hopefully you won't get stung again.
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    • DCFC79
    • By DCFC79 5th Sep 18, 8:28 AM
    • 33,788 Posts
    • 21,284 Thanks
    DCFC79
    • #4
    • 5th Sep 18, 8:28 AM
    • #4
    • 5th Sep 18, 8:28 AM
    So I'm currently paying 39.80 month for a 1.2 corsa comfort... Not exactly a sports car, I'm over 25 still under 30. Yet my last years insurance was only 29 odd, But am I paying extra when I recently done a quote with tesco bank and got a quote for that 29 again.

    Can I just cancel my insurance and take it out a new policy with the newer price. Seems ridiculous tbh. I'v never crashed a car in my life, I'v never dented a car, I've had no collisions. What am I paying for here.


    Some advice would be greatful.
    Originally posted by paragon909
    Nearly 40 a month for insurance and being under 30, I suspect it could be high due to the car being a corsa, its seen as a boy racers car.
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