I've sold my car but my insurer is refusing to refund my policy

I sold my car last week and my policy has three weeks left to run. Upon calling the insurer tor cancellation, I was told they would not reimburse the three weeks left on the policy and are instead saying that they will waive the cancellation fee instead! Is the insurer correct in doing this?

Asked on 16 November 2020 by Kippo

Answered by Honest John

Yes, as you are into the last month, and not a "whole" month, they would not calculate the remaining cover down to the cost per day. They have been fair with you.

Tags: insurance

Similar questions

Is it possible to get repatriation cover while in Europe?

We are taking delivery of a brand new VW campervan and planning on taking it to Europe in September. The VW warranty provides breakdown cover in Europe for 3 years but I don't believe it extends to repatriation...

My brand new car caught fire - who is liable?

My brand new Mercedes-Benz caught fire. It broke down and I didn't get any warning signs on the dashboard so I called Mercedes roadside assistance and they sent the RAC to check my car. After two hours...

Why is my insurer asking for a copy of the V5C?

My granddaughter has just become 17 and is learning to drive. As my wife is no longer allowed to drive we have made her car available for her to learn on but have retained ownership. My daughter has taken...