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.
Will i be charged if i cancel my car insurance. Along with the standard cancellation fee you might be charged a percentage of the total policy cost. 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. If you plan on switching insurers do it sooner rather than later.
How much it costs you to cancel your car insurance or whether it costs anything at all depends. Ad Find Your Insurance Group With Our Group Checker And Get A Free Quote Today. Buy Car Insurance Today And Let Us Help You Save Money And Get A Better Deal.
There are exceptions though. If you cancel within this time you should only be charged an administration fee and the cost of your cover for those two weeks. Something to consider is what happens if you cancel part way through your term such as four months into a 12-month policy.
How much you are charged will depend on your specific circumstances and the terms of your policy. Yes if you wish to cancel your car insurance policy you can expect to be charged a cancellation fee. The cost of cancelling your car insurance policy varies considerably it can be free for some people but others may be subject to an admin or cancellation fee.
If you cancel your policy within the first 14 days we charge a 10 cancellation fee. Ad Choose The Exact Time And Date Your Insurance Starts And Finishes. If no claims have been made and you cancel within 14 days of receiving your policy documents you will be entitled to a refund with a deduction for the time you were covered for.
Insurers cannot charge you a cancellation fee if you choose not to renew an expired policy. This is in addition to any charges made by your insurance company. BACK TO INSURANCE HELP.