Insrance cancellation

[Kevrob9]

Looking like I am going to get stung for cancelling my insurance, they want a £125 cancelation fee, plus what looks like either 70% or 90% of the premium depending how you read the policy. I am insured with insure your motor and ageas. going to try and load a picture of their cancellation policy.
anyone dealt with these before?

 

[Kevrob9]

Looking like I am going to get stung for cancelling my insurance, they want a £125 cancelation fee, plus what looks like either 70% or 90% of the premium depending how you read the policy. I am insured with insure your motor and ageas. going to try and load a picture of their cancellation policy.
anyone dealt with these before?

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[Kevrob9]

Sent from my GT-I9300 using Tapatalk

Sent from my GT-I9300 using Tapatalk

 

[Kevrob9]

sorry about the double post just trying to get the picture the right way around

 

[4x4]

Looking like I am going to get stung for cancelling my insurance, /QUOTE]

Insurance companies are merely pirates but without the sailing boats and funny hats.

 

[Mobieus_uk]

avoid canceling unless you really have to, its gonna cost you, if your planning to use the insurance again then just suspend it, save all the fees and you dont lose the months its been suspended for as they rebate you for then months you didnt use, well thats what my insurance company did

 

[Kevrob9]

I am living in France so not going to need the policy again.
Thinking of dropping it down to fire and theft if possible that might be the cheapest option

 

[Banshee]

Horrible gits

Give Dan a shout on here from Adrian Flux and see what he can do for you

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[Mobieus_uk]

in which case just suspend it anyway, if its not used by the next renewal date it will cancel and you should get most of your money back for months not used and you wont pay a cancellation fee cos you didn't cancel, depends how much you have left to run on the policy and if you want the money sooner than later

 

[Kevrob9]

I am paying monthly so do you think I can just suspend it pay nothing and let it run out?

 

[panelbeater]

i think a monthly payment is a legal one with someone else even though you got it from them so if you stop payments they will come after you.also they will close your insurance as well.cant comment on money side.
i changed to same t2 but a year older and i had to pay £72 extra.

 

[Mobieus_uk]

if your paying monthly then the insurance has been paid, your just paying back the loan for the insurance so it will be the credit company/loanshark upset and not the insurance company, basically your tied into a credit agreement, this would explain high fees

 

[macabethiel]

Cancelling the insurance policy fees.

When I sold my Yamaha and cancelled the policy it had about 8 months to go I got about £6 back from a annual premium of £120 I was hoping to get around £40 !