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If i cancel my car insurance with directline...?
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If i cancel my car insurance with directline...?

if i cancel my car insurance with directline before the 14day cool off period is over do i get my deposit back?
Additional Details
No i actually have the insurance but i want to cancel it!


    




tixtix f
autoinsurance.hotusa.org - try this one. I have their car insurance and, as I know, they can provide such a service.


welcome news
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Under FSA regulations you may cancel the policy within 14 days of inception or receiving the full policy wording (whichever is later).

In theory you are allowed a full refund but insurers are allowed to make a small charge to cover their expenses. Details are in the policy document (page 39) however you will have to look at the schedule as the policy document states

"• If you cancel within the 14 days of it starting or within 14 days
of receiving your documents (whichever occurs later), return
any premium you have paid less a cancellation fee. Please refer
to your Schedule for our current cancellation rates."

Personally I think that this breaches FSA rules about treating customers fairly as you have to buy the policy before you can find out the cancellation costs.

If you still have the car, of course, the fact that the car is no longer insured by Direct Line will be added to the MID (Motor Insurance Database) - and be replaced by the new insurer.





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