old - Fazer Owners Club - old

General => General => Topic started by: locksmith on 21 October 2014, 03:59:40 pm

Title: Insurance companies again
Post by: locksmith on 21 October 2014, 03:59:40 pm
Just been charged £39 to cancel the £49 WR policy with 6 months left to run - go figure!
Title: Re: Insurance companies again
Post by: Punkstig on 21 October 2014, 04:19:32 pm
Disgraceful
Title: Re: Insurance companies again
Post by: locksmith on 21 October 2014, 04:53:08 pm
Been looking at the various motor policies I have and cancellation costs vary between £25 and £55 less any refund due for unused months. I knew it cost to make changes mid policy but being this is probably the first motor policy I have ever cancelled I wrongly assumed they would just cancel it.

So if there's a chance you will cancel a policy, this is something to bear in mind when obtaining quotes for cover !
Title: Re: Insurance companies again
Post by: Dave48 on 21 October 2014, 05:04:01 pm
Makes bankers & politicians appear honest by comparison! :eek
Title: Re: Insurance companies again
Post by: midden on 22 October 2014, 01:35:07 am
How much to freeze the policy.  Could be the way to go from now on
Title: Re: Insurance companies again
Post by: locksmith on 22 October 2014, 11:52:28 am
How much to freeze the policy.  Could be the way to go from now on
Worth a thought if you intend to replace that vehicle in the near future though knowing them it's be a fee to freeze it and a fee to unfreeze it :(
Title: Re: Insurance companies again
Post by: robin78842 on 22 October 2014, 01:00:32 pm
I bought a Honda NC750X  t'other week.  So wanted to swop insurance over.


The Fazer cost £78 for 12 months.                  They wanted another £240 to continue policy for the next 9 months.


I had a look round Meerkats thingy.  and bought 12 months for £120.  Great!


Now to find out how much I would get back for the 9mths left on the Fazer.


To cancel the old policy they wanted;-  £50  cancelation fee, +  £25 document feer, + % of discount they had given me when the policy was started.  Result I owe the £6 odd..


At least when I ask them to consult the manager about waving the £6 they did and it was waved....>>>><<<<