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Problem with Insurance


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Depends on the wording of the product but theoretically motor insurance has no days of grace and so if you have not paid (full amount or first installment) by renewal date then the policy SHOULD be lapsed / not renewed. Also depends on whether the policy contains a cancellation clause which states that you have 14 days from renewal date whereby if you cancel you get a full refund and are not charged for time on risk. Theoretically the admin fee is not applicable as you have moveed your policy elsewhere and as such are no longer a customer, so I would tell them where to go(politely).

 

In respect of the rest of the post, motor insurance has made huge losses for insurers in the last two year so dont be surprised if your premium goes up or your additional covers are reduced or removed.

 

Cheers

 

:o

 

Cheers for that Info Cube :thumbs:

 

we cancelled the Insurance the day before the renewel! Yet I just had the old Insurance company on the phone 7 days after cancelling telling me I owe them £30 for admin fees. I told him where to get off and also told the guy if he wants to take court action then go for it...

 

the first time they rang he spoke to the wife and asked her to get her credit card and pay it now :icon_eek:, thankfully she obviousley told him where to get off, I'm fumeing with the b*****ds and their Bullying tactics when they was on the phone to the wife....

 

I recommended this Insurance company in the past on the forum but now I've seen their true colours they're definitley one to avoid...

 

Jasper

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The NFU have old fashioned values and the Farmers dictate to them I bit. When you have a claim they help or will tell you why its not a claim with no flannel.

 

They always try and help thats a deffo.. :D

 

I have been amazed at the NFU this year. My daughter's horse became lame, the cause was a mystery. He has ended up being transported to Newmarket and back, loads of tests and treatment involved. The NFU were much more helpful than I expected and they paid promptly for the lot. I will be checking them out when the Jeep is ready for insuring again. Very nice people!!!!

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