Refunding or freezing a car insurance policy

[fiesata]

I have built up a no claims bonus over 30 years of driving but am getting a company car next month with insurance included - I can't afford to keep my current car there doing nothing so I will sell it

What happens to my current insurance policy - can I get a refund or I remember reading sometime ago that a policy can be frozen if so does anyone know how long for - and could I transfer it to a classic car - which I've been meaning to buy for years - nothing fancy just an old Austin or Ford or similar

Would be nice to have an idea before I contact my insurers everything always seems to be on their terms and to their advantage :(

Thanks

Paul

[Panic Button]

If there is a lot of time left you may get a partial refund, but it is usually nowhere near the amount a simple calculation would suggest.

[Toureman]

Check with your insurance company but your no claims bonus should be valid for up to 2 years from when you cancel it.