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Motor Policy Cancellation
As an average what would you expect to pay to cancel a motor insurance policy.TIA.
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For more on marking an answer as the "Best Answer", please visit our FAQ.From The Telegraph in 2012:
"Cancelling a policy also attracts fees, with Budget Insurance charging £75 per cancellation of a car insurance policy and Axa, Zurich, Sheila's Wheels and More Than charging £50 or more for the same service"
http:// www.tel egraph. co.uk/f inance/ persona lfinanc e/insur ance/92 04592/F ees-cha rged-by -insure rs-for- policy- changes -and-ca ncellat ions-co ndemned -by-con sumer-w atchdog .html
See the tables here for the cancellation fees charged by 22 insurers:
http:// www.whi ch.co.u k/money /insura nce/rev iews-ns /car-in surance /car-in surance -add-on s-fees- and-cha rges/
(which suggests that fees in the £40 to £50 range might possibly be regarded as 'typical')
"Cancelling a policy also attracts fees, with Budget Insurance charging £75 per cancellation of a car insurance policy and Axa, Zurich, Sheila's Wheels and More Than charging £50 or more for the same service"
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See the tables here for the cancellation fees charged by 22 insurers:
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(which suggests that fees in the £40 to £50 range might possibly be regarded as 'typical')