All insurers in the UK are obligated to offer a cooling-off period of at least 14 days for car policies.
Does it cost to cancel car insurance uk. The policy holder can ask Aviva to cancel their deal at any time during the policy by calling 0800 056 2192 cancellation not available online. However if your policy has been active for longer than that youre likely to have to pay a cancellation fee and the cost for the time youve been insured pro-rata. Cover limit - 300-2500.
If you cancel your car insurance during the cooling-off period theres no cancellation fee. Well also charge for the time on cover if youve made a claim the full price for the year will charged. 43 rows Average Car Insurance Cancellation Fees UK.
Yes if you choose to cancel your car insurance policy within the 14-day cooling-off period it is a legal requirement that youre granted a refund. Cancellation after 14 days If you want to cancel your insurance please get in touch. Where we need to cancel your policy because youve not sent us information weve asked for or what youve provided isnt correct.
But you will be charged for the time when the policy was active and you may also have to pay an administration fee so check the terms and conditions of the policy. You will get a refund minus any days the policy was active for. How much it costs you to cancel your car insurance or whether it costs anything at all depends on a range of.
It doesnt matter whether youre selling the car or found a better insurance deal you can cancel your policy in this time for no cost. The cooling-off period is a legal requirement where any car insurance policy taken out has a 14 day period where you can cancel it if you change your mind. You are however most likely entitled to a refund when you cancel your car insurance regardless of whether you pay monthly or upfront unless you have made a.
Make sure you take it into account when comparing car insurance products. If youre not happy with the new cost and feel you could get a better deal elsewhere you can cancel your policy and take out a new one. Will I Get a Full Refund If I Cancel Car Insurance Policy During the Cooling-Off Period.