Animals & Nature0 min ago
Car Insurance Company Automatically Taking Money From My Bank Account
12 Answers
I have received a quote from my car insurer for renewal of the cover.The quote is fine but what is annoying me is their statement that they will automatically take payment from my bank. I do not like that and am quite prepared to renew over the phone.
I have never given the insurer permission to take payment automatically. How can I stop them??
Les
I have never given the insurer permission to take payment automatically. How can I stop them??
Les
Answers
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For more on marking an answer as the "Best Answer", please visit our FAQ.Perhaps you paid originally by Debit Card or Credit card, and they've retained the card number? Everyone should watch out for automatic renewal. There was a piece on Sky news the other day telling how someone had been allowing automatic renewal on their house insurance for some years. While the original premium was competitive, it had now risen to £1000 per annum, When they checked on the net, they found they could get the identical cover for £200!
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