Cancelling my insurance policy

I am currently 7 months through my policy and have bought a newer car I have rang my insurance to change the policy over,but because I want to now go fully comp instead of the 3rd party (previously)I have to take out a new policy.O.k. fare enough now I too thought of taking my old car of the road and save a bit of money and posibly sell it, I thought of doing this when on the phone taking out the new policy,I had paid everything up front when first taking out my policy,& thought with 5 months left I was going to get a refund, but oh no...they are going to charge £35 for cancelation and as the policy was only £108 for the year it apparently left me owing them £13 So I told them to forget it I wont be canceling He then told me that is not possible now that I have told him Im selling the car and it is illegal to continue with the policy after the sale of the car. And got my back up because he was getting shirty with me because he reckons I told him I sold the car and confusing me with insurance jargon I tried to tell him that until the car is sold im not cancelling and he rckons that if the car is involved in an accident that the conversation that we have just had could affect the claim Now where do I stand???

You should have read the policy properly before taking it out, you still have to pay an admin fee for any changesto the policy as well as the whole year's premium if you cancel. They always ask you to return the insurance certificate and I've a funny feeling that would be in your policy booklet too.

to beware - I'm pretty sure it's illegal to apply costs to an 0800 number. OFCOM should be able to help you here. If they transfer you to a number that costs to call (even 0845 local rate) the cost should be borne by the transferring party, not the caller. Even if you are unable to recoup any cash from this please do report them to stop it happening to other innocent folks!!

Good luck

If you think that's bad check this out...

I checked the Internet for cheapest policy, Adrian Flux came up, wife rang them to check the price because it was very cheap, they said it was fine, so she paid with card over the phone.

Then they ask photos of the car, copies of my licence and to fill in extra forms.

Now they say oh no, you have to pay £100 extra!

This was more than original insurer so I told them to stuff it. But found I was charged for 10 days insurance + £50 fee! I complained about the fee because of distance selling regulations but they said they did not apply to insurance. So I checked the insurance body they belonged too they said they should not have charged anything under their terms of trade.

I've still not got this £50 back but they've bought £50 of bad publicity!

Also, I found later they charged me for phone calls even though I called an 0800 number! When you get though you are asked what model the car is before they forward you to the next department. I personaly think they forward you off the 0800 line to an 0845 one! Beware!

The No Claims Bonus institution in British motor insurance policies, is nothing but the British Insurance Industry acting as a cartel.

I expect if it were properly investigated it would be found that the motor insurance industry had broken a 1000 competition laws, both domestic and European.