car insurance

[peeejaydeee]

i renewed my insurance in feb. i wrote the car off in march. Do i get any sort of reimbursement for the remaining eleven months?

[wallis1007]

No, afraid not.It does say in your policy, somewhere.Also your insurance shall normally be cancelled so you aren't covered to drive anything until you renew your insurance again.

[peeejaydeee]

so it would have been smarter to have paid in monthly instalments, thereby only paying one month,s insurance?

[NORMANTHEDOG]

no,because they would have taken the remainder out of the settlement figure

[funkymoped]

fraid not. if you were paying monthly, you would have to pay the outstanding amount of cash before your ins company would take up your claim....

[bellasasha]

well, i sold my car 2 months after i renewed my insurance, i paid monthly, i called my insurance company and i didnt have to pay anything, they actually gave me money back because the month i sold it, they took that month's payment out of my account so i guess it depends on the insurance company

[gouldc]

In regards to bellasasha's answer, this is correct, but as she didn't have an accident, it's not entirely relevant.

If you make a claim under the insurance policy, then you have used the product - all premium is due in full.

If you don't make a claim, but cancel for any reason, you are entitled to a refund, but there may be a small admin charge

[funkymoped]

gouldc, spot on.

been in both situations. thought i was being ripped off when i made a claim and had to pay in full even though my insurance company didnt fight my claim ! i was young and didnt realise i was expected to pay again for their help. (legal protection) we all live and learn !