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Adrian flux - Good service, poor insurance cancellation refund


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Posted

Just called to cancel my insurance on my track Clio. I have had the car since November and paid for insurance in full of about £500. 3 months later and I cancel my policy as I am forced to sell and they give me £177 in return. Shocking in my opinion, I expected a lot more

 

 

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Posted

There is a non linear curve for refunds, I would guess it has to do with stopping people just taking out year long insurance and then just cancelling after a month in effect giving themselves cheap short term policies.

Posted

And how is that anyone's fault but your own? You had a chance to review the documents before signing up, if you weren't happy with the cancellation refund policy then you could've gone with someone else.

 

I agree it's a bit low, however that's not really something I'd be naming and shaming on the internet for tbh.

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