Donate SIGN UP

Motor Policy Cancellation

Avatar Image
djtdjt | 16:47 Thu 31st Mar 2016 | Insurance
2 Answers
As an average what would you expect to pay to cancel a motor insurance policy.TIA.
Gravatar

Answers

1 to 2 of 2rss feed

Best Answer

No best answer has yet been selected by djtdjt. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
From The Telegraph in 2012:
"Cancelling a policy also attracts fees, with Budget Insurance charging £75 per cancellation of a car insurance policy and Axa, Zurich, Sheila's Wheels and More Than charging £50 or more for the same service"
http://www.telegraph.co.uk/finance/personalfinance/insurance/9204592/Fees-charged-by-insurers-for-policy-changes-and-cancellations-condemned-by-consumer-watchdog.html

See the tables here for the cancellation fees charged by 22 insurers:
http://www.which.co.uk/money/insurance/reviews-ns/car-insurance/car-insurance-add-ons-fees-and-charges/
(which suggests that fees in the £40 to £50 range might possibly be regarded as 'typical')
I paid £50 to cancel with Hastings in November 2015

1 to 2 of 2rss feed

Do you know the answer?

Motor Policy Cancellation

Answer Question >>

Related Questions