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Thread: Insurance refund following policy cancellation

  1. #1
    Administrator swanbourne's Avatar
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    Insurance refund following policy cancellation

    I've just sold my Jimny and cancelled the AXA policy online at the click of a button, it still had almost 3 months to run. Good job I didn't cancel over the phone or there'd be an admin fee as well.



    Eddie
    Whole chunks of my life come under the heading "it seemed like a good idea at the time".

  2. #2
    Grand Master Onelasttime's Avatar
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    Are you going to retire now?

  3. #3
    Craftsman
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    We just discovered last week that my wife has had 2 policies running on her car for the last year - and that the old one has also auto-renewed this year! Cue frantic phone calls and documentation being emailed across - now got a massive refund!

  4. #4
    Master
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    Quote Originally Posted by Ethos View Post
    We just discovered last week that my wife has had 2 policies running on her car for the last year - and that the old one has also auto-renewed this year! Cue frantic phone calls and documentation being emailed across - now got a massive refund!
    Never but never enable auto renew - just a license to charge what they like.

  5. #5
    Master Maysie's Avatar
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    I had something similar with Swiftcover (part of AXA) a week ago.

    Their online admin cancellation charge was something like £57.50 or thereabouts, so I decided to swap the insurance onto my old MGB and let it run to its conclusion instead. I couldn't find the MGB on their online system, so I called them.

    The chap I dealt with on the phone explained that they do not insure classic cars, so he cancelled the policy (on my request) and then refunded me on a pro-rata basis, but without any admin charges, as it was 'their fault' as they would not insure my new car, which I did not know when I took out the policy.

    I was rather taken aback to be honest and it was a nice reminder that they aren't always out to shaft you at every opportunity.

  6. #6
    Master
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    Always tick that box,no auto renew

  7. #7
    Master dejjl's Avatar
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    I had to pay them once in order to cancel, due to the admin fee wiping out the refund...and more!

  8. #8
    kin ell, cancellation fee of £52, Jimny is a nick name for a jumbo jet really

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