News0 min ago
Car Insurance
2 Answers
I am in the process of purchasing a new car and wonder about transferring car insurance form my old car to my new car.
Basically I sell my car on 14th December, and my new car arrives on 23rd December, I want to stay with the insurance company (Tesco) in order to keep my no claims bonus (due for renewal in March), and in the hope that I do not have to pay a cancellation fee for cancelling my old car's policy, but obviously my new policy will not start for a week after.
Anyone had experience of this? Do insurance companies tend to charge a cancellation fee?
Thanks
Basically I sell my car on 14th December, and my new car arrives on 23rd December, I want to stay with the insurance company (Tesco) in order to keep my no claims bonus (due for renewal in March), and in the hope that I do not have to pay a cancellation fee for cancelling my old car's policy, but obviously my new policy will not start for a week after.
Anyone had experience of this? Do insurance companies tend to charge a cancellation fee?
Thanks
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