?75 to cancel my insurance?!

[db_1.2]

Just rang up Churchill to cancel my policy as i sold my nova, having just paid ?77 about 2 weeks ago for another months insurance but sold my car on Sunday, just rang up Churchill and told them i wish to cancel my policy and they told me its going to cost me another 75 quid! I replied with, ''but the next payment isnt even due to next month and i wont be neading it anyway'' but somehow i still have to pay ?75 AND spend money on a stamp and envelope sending the policy certificate back! What a rip off, I think all this insurance stuff is a bit silly now, but its the stupid idiots that drive like pr*cks that make it this way, to be perfectly honest im glad people are getting caught for speeding and im glad to hear theres a 2 year probation on licences, anyone who drives over the speed limit deserves everything they get, the limits are there for a safety reason and also if people stuck to them they wouldnt crash therefore i wouldnt have to pay a premium of ?1158 for a 1.3!

So, do all insurers charge money to cancel policys?

[Stuart]

yes they do... its fecking annoying.

[hendrix]

yep!
Think about it though, when you take a policy on a pay monthly you are effectively entering into a credit agreement...
eg. You wouldn't sell your fridge that you were paying for on credit and expect to stop paying for it because 'you dont own it anymore'.

[draper]

why did you cancel tho and not simply change the vehicle details to your new motor ??

[db_1.2]

I wouldnt sell my fridge............ thats where the food comes from!

Im just a bit anoyed cus this means i cant spend ?75 on the new interior for my beetle i have to spend it on something that im not ever likely to see materlize and something that im not even able to use.

[db_1.2]

why did you cancel tho and not simply change the vehicle details to your new motor ??

They told me i had to change to a ''classic car'' insurance policy as the car is 34 years old

[draper]

thats the con imo

[hendrix]

lol
would have been cheaper to transfer your policy to the beatle though.
On an aside, when you change your policy to a new vehicle, does that mean you have the 14 days grace to try and find a cheaper policy and if you do you are well within your rights to cancel at no charge??

[hendrix]

ahh Ive just seen the post lol

[db_1.2]

lol
would have been cheaper to transfer your policy to the beatle though.
On an aside, when you change your policy to a new vehicle, does that mean you have the 14 days grace to try and find a cheaper policy and if you do you are well within your rights to cancel at no charge??

That would of been a bloomin good idea if it worked! I knew i should of bought that fiat panda then i could of changed my policy instead of finding a new one!lol

[hendrix]

haha fiat panda. Fit an Uno turbo lump into it!!!

[L14MNP]

Cancel the DD

[Matt2107]

Insurance sucks a big willy.

[Jack]

Cancel the DD
They'll just rack up the cost and bill you

[L14MNP]

Holy unorthadox response batman!

[Dan 130]

thats what i did just got a load of letters asking me for money it soon died off lol

[draper]

yeah and then they take you to court, i had to pay ?1k within 7days as i kept ignoring there letters - ?75 not much compared to 1k imo

[Jack]

Or the big hairy bailiffs turning up on your door and taking your TV etc

[draper]

i was more bothered about the CCJ, its hard enough to buy a house as it is at the minute :roll:

[Dan 130]

well that was all last year somewhen nothing happened sod em

[db_1.2]

Or the big hairy bailiffs turning up on your door and taking your TV etc

They can come take my tv, sounds a bit dodgey tho and sometimes it dont work. Infact, instead of taking my 75 quid they can come do me a favour and take my tv!